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GM recall's $1.7 billion windfall

2014-05-22 21:58:08| Auto Dealers - Topix.net

That's how much the company expects to spend on repairs and loaner cars to deal with the 15.8 million cars and trucks it has recalled globally this year.

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Marathon buys Hess stations in $2.87 billion deal

2014-05-22 15:07:00| Oil & Gas - Topix.net

Marathon is buying Hess' retail operations, the largest chain of company operated gas stations and convenience stores on the East Coast, for $2.87 billion.

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Telkom bids ZAR 2.7 billion for BCX

2014-05-22 11:29:00| Telecompaper Headlines

(Telecompaper) South African operator Telkom said that it has made an offer to acquire all of ICT services provider Business Connexion Group (BCX). Under the offer, Telkom will acquire all the BCX share capital for ZAR 6.60 per share, representing a total cash consideration of approximately ZAR 2.7 billion. The offer is fully financed and represents a premium of 22 percent to the weighted average share price of ZAR 5.38 for the 60 trading days prior to BCX's cautionary announcement on 15 April.

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'How I made my first billion'

2014-05-22 11:03:37| BBC News | Business | UK Edition

How a market trader became a billionaire

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Unilever Sells Ragu Brand for $2.15 Billion

2014-05-22 09:23:29| Food - Topix.net

Unilever PLC says it has agreed to sell ownership of its Ragu and Bertolli brand sauces in North America to Japan's Mizkan Group for $2.15 billion.

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