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Brookfield Raises $23 Billion, Expects to Ramp Up Pace of Deals

2020-08-13 20:20:00| National Real Estate Investor

We are being patient with our capital, but we expect the pace of investment to increase over the next 12 months as opportunities present themselves, said CEO Bruce Flatt.

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BREAKING: GFL Acquires WCA Waste Corp for $1.21 Billion

2020-08-13 13:35:00| Waste Age

GFL Environmental (GFL) agrees to acquire WCA Waste for $1.212 billion and expand its U.S. footprint. GFL said that the purchase will be financed in part with the net proceeds of a private placement of $600 million of equity and

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Saudi Aramcos $75 Billion Dividend Dilemma

2020-08-11 18:00:00| OGI

Months after the worlds biggest IPO, Saudi Aramco is finding it harder to pay shareholders.

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Occidental Petroleum Posts Fourth Straight Quarterly Loss on $6.6 Billion Write-down

2020-08-10 22:30:00| OGI

Occidental Petroleum posted its fourth straight quarterly loss on Aug. 10 as it recorded a $6.6 billion impairment charge, largely to write down the value of its properties following a crash in oil prices.

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Duke Takes $1.6 Billion Charge to Exit Atlantic Coast Pipeline

2020-08-10 21:35:00| OGI

Duke Energy said it took a $1.6 billion after-tax charge for the cancellation of the Atlantic Coast natural gas pipeline. Project partner Dominion already took a $2.8 billion charge related to the cancellation.

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