PayPal, Inc. and Xoom Corporation, a digital money transfer provider, today announced a definitive agreement under which PayPal will acquire Xoom for $25 per share in cash or an approximate $890 million enterprise value. The transaction represents a premium of 32% over Xoom’s three-month volume-weighted average price and was unanimously approved by the Boards of […]
PayPal to Acquire Xoom $EBAY Read More »
French microchip maker STMicro signed a $500 million with China’s Huawei on Thursday to bolster its supply relationship with the Chinese telecom equipment provider, the French government said in a statement. The deal was signed by Chinese PM Li Keqiang, during his visit ti France. View the full release here.
News: STMicro Chips deal with Huawei China $STM Read More »
Crescent Point Energy Corp., has announced the acquisition of issued and outstanding shares of Coral Hill Energy Ltd. The cost of the deal would be $0.0567 per each common share of CPG, for the approximate gross proceeds of $258 Million. Crescent Point already owns 7.2 million shares of Coral Hill (approximately 8.7 percent of Coral Hill’s
News: Crescent Point to acquire Coral Hill $CPG Read More »
InterOil Corporation and the PRL 15 joint venture participants haveconfirmed the recommendations from Total SA for a major project of the Elk-Antelope gas field in Papua New Guinea. The Central Processing facility will be near the Purari River in the Gulf Province. Papua LNG, which will be operated by Total SA and includes InterOil and Oil Search,
Elk-Antelope Joint Venture in PNG $IOC Read More »
Invacare Corporation., has announce d the sale of its Medical devices rentals business. The cost of the deal is for approximately $15,500,000 in cash, subject to certain post-closing adjustments. AS per CEO the firms want to focus on core business of design, manufacture and distribution of medical devices. View the full release here.
News: Invacare sold Rental Business $IVC Read More »
