Natural gas prices have been persistently sluggish lately, but it looks like deal-making is revving up: The latest offer comes from the CEO of Exco Resources, Douglas Miller, who has offered to buy the energy company for $20.50…
Big Blue is in advanced talks to acquire the small network security firm. That’s shouldn’t be a big surprise to DailyFinance readers. In September, I wrote that Fortinet would be a likely takoever target. I also discussed, Chec…
Wilmington Trust shares plummeted 44% in morning trading Monday as the struggling East coast institution announced M&T Bank would acquire the company in a stock transaction valued at $351 million.
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US Oncology is affiliated with more than 1,300 community-based oncologists, providing a range of services from research to clinical tools to office support. Together, the combined organization will focus on providing comprehens…
Industrial & Commercial Bank of China, the Asian country’s largest lender, bought a U.S. unit of Fortis Securities for $1.
ICBC is the world’s largest bank by market value and is 70% owned by the Chinese government, The Wall Street Journal said. ICBC bought the unit from France’s BNP Paribas (BNPQY).
The unit is small, with 75 existing customers and a balance sheet of $10…
Continue reading China’s ICBC Buys Fortis U.S. Unit for $1
China’s ICBC Buys Fortis U.S. Unit for $1 originally appeared on DailyFinance on Mon, 01 Nov 2010 08:30:00.
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