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A package deal: MeadWestvaco, Rock-Tenn join to form $16 billion behemoth
2015-01-26 13:46:11| Paper - Topix.net
Rock-Tenn and MeadWestvaco will join forces to create a $16 billion packaging company, driving down its own costs and possibly gaining the scale to better dictate prices. The company, which had not been named as of Monday, will have combined sales of $15.7 billion and its board will include eight directors from Rock-Tenn and six directors from MeadWestvaco.
The Wall Street Journal: Post to acquire MOM brands in $1.15 Billion cereal merger
2015-01-26 13:21:44| Agriculture - Topix.net
Post Holdings Inc. has agreed to buy privately-held MOM Brands Co. for $1.15 billion in a deal that will add Berry Colossal Crunch and Frosted Mini Spooners to Post's trove of cereal brands.
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Oil and gas industry 'needs $US170 billion cut in costs'
2015-01-26 07:23:50| Oil & Gas - Topix.net
Large-scale corporate M&A deals are more likely than at any point since the late 1990s. Photo: Jessica Shapiro The global oil and gas industry needs to cut costs by at least $US170 billion to avoid an increase in net debt, with cutbacks a matter of survival for some companies as they struggle with plummeting oil prices, according to consultancy Wood Mackenzie.
AXIS Capital and PartnerRe to Combine in $11 Billion Merger
2015-01-26 03:09:16| Oil & Gas - Topix.net
Creates Broadly Diversified Global Specialty Insurance and Reinsurance Company with Expanded Market Presence, Gross Premiums above $10 Billion, and Total Capitalization above $14 Billion )--AXIS Capital Holdings Limited and PartnerRe Ltd. today announced that they have signed a definitive amalgamation agreement to create one of the world's preeminent specialty insurance and reinsurance companies, with gross premiums written in excess of $10 billion, total capital of more than $14 billion, and cash and invested assets of more than $33 billion.
Tags: capital
billion
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axis
Samsung In Talks With BlackBerry About $7.5 Billion Buyout: Source
2015-01-25 07:34:07| Telecom - Topix.net
An Unidentified woman twits with her black berries during a press conference in Lagos, Nigeria. Tuesday, Sept.
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