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Alltech, Ridley Agree Merger
2015-04-29 02:00:00| ThePigSite - Industry News
NORTH AMERICA - A merger of two global livestock feed companies has been agreed.
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merger
ridley
alltech
Countries and oil firms agree to end routine gas flaring by 2030
2015-04-20 01:00:00| Hydrocarbons Technology
Nine countries, ten oil firms and six development institutions have agreed to end the practice of routine gas flaring at oil production sites by 2030.
Magellan and TransCanada agree to jointly build Houston pipeline connection
2015-04-15 01:00:00| Hydrocarbons Technology
Magellan Midstream has signed a joint development agreement with TransCanada to pursue a project to connect TransCanadas Houston tank terminal to Magellans East Houston terminal.
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connection
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Ebay, PayPal agree cooperation post spin-off
2015-04-10 09:25:00| Telecompaper Headlines
(Telecompaper) Ebay announced the next step in its planned spin-off of PayPal with the filing of an updated Form 10 with the Securities and Exchange Commission (SEC). The filing includes an updated summary of the operating agreement between eBay and PayPal, which details how the two companies will continue to partner with one another and provides additional information about the prospective financial impact of the agreements between the two companies. The operating agreement which will remain in effect for five years and have a one-year transition period is aimed at preserving the benefits of the existing relationship and ensuring that the separation is seamless for customers of both companies. Ebay said it offers flexible terms in order to preserve synergies, but will allow each company to pursue its own commercial strategy. For example, PayPal can work with all commerce/marketplace companies and eBay can offer its customers alternative payment providers. Ebay will be incentivized to grow new PayPal users. "Limited" non-compete agreements will still apply, such as PayPal cannot create its own marketplace for physical goods, and eBay cannot create its own payments system on the core eBay platform. A product development agreement means that PayPal will devote resources to develop new products for eBay, and eBay and PayPal will maintain service level agreements. In addition, eBay board member Tom Tierney was named chair of the new eBay board, replacing eBay founder Pierre Omidyar. Omidyar will serve on both the eBay and PayPal boards in a non-chair capacity. The aim is for the spin-off to take place in the second half of 2015.
Top development banks agree definition for climate finance
2015-04-09 09:00:00| Climate Ark Climate Change & Global Warming Newsfeed
RTCC: Leading development banks have agreed on a set of definitions for climate finance, in what officials say is an important step ahead of a proposed UN climate change pact in Paris later this year. A set of Common Principles backed by the World Bank, International Development Finance Club (IDFC) and Agence Francaise de Developpment lists investments than can qualify as climate friendly. Released last week, the document outlines a range of efficiency, renewables and forestry projects that slow greenhouse...
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