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$1.25 Billion DSS Buy Likely Puts an End to Sale of Cott
2014-11-11 19:51:23| Beverages - Topix.net
"It does diversify them, it does make them substantially larger, but it could make them less buyable than before," said a source familiar with the situation who asked to remain unnamed. Toronto-based Cott announced Nov. 6 that it had struck a deal to buy the parent of Atlanta-based DS Services Holdings Inc., a direct-to-consumer provider of bottled water, office coffee and water filtration services, on a cash-free and debt-free basis.
Anadarko's $5.15 billion cleanup deal approved by U.S. court
2014-11-11 02:09:44| Oil & Gas - Topix.net
Anadarko Petroleum Corp's agreement to pay $5.15 billion to clean up nuclear fuel and other pollution received approval from a federal judge on Monday, the final hurdle for the settlement touted by the U.S. Department of Justice as the largest-ever environmental cleanup recovery. The agreement, reached in April, resolved a lawsuit against Anadarko and its Kerr-McGee unit from creditors of Tronox Inc, the paint materials maker that was once a unit of Kerr-McGee.
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AT&T Pays $2.5 Billion for Mexico's Third-largest Mobile Carrier
2014-11-10 22:45:45| Telecom - Topix.net
"Mexico is still in the early stages of mobile Internet capabilities and adoption, but customer demand for it is growing rapidly," AT&T chairman and CEO Randall Stephenson said in a press release announcing the deal on Friday. Iusacell, Mexico's third-largest mobile carrier, would complement the satellite TV operations in Mexico and other Latin American countries that AT&T would gain through the pending $67.1 billion purchase of DirecTV Group Inc. Though AT&T had indicated an interest in Latin America, a purchase of assets from Carlos Slim Helu's Amrica Mvil SA had seemed more likely.
The Oil Tycoon Who Just Paid Out A $1 Billion Divorce Settlement Has An Amazing Rags To Riches Story
2014-11-10 21:55:43| Electronics - Topix.net
It could've been the most expensive divorce in history, but oil tycoon Harold Hamm will pay his ex-wife Sue Ann only less than $1 billion after 26 years of marriage. B loomberg ranks Hamm as the 50th richest person in the world, worth $16 billion.
Samsung to invest up to $3 billion more in Vietnam
2014-11-10 16:01:34| Semiconductors - Topix.net
Samsung Electronics Co. said it is planning to invest up to $3 billion to expand mobile-phone production in Vietnam, in one of its boldest moves yet to combat low-cost Chinese competitors who are eating into its smartphone business.
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