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TransCanada to sell dams in Columbia Pipeline Group deal

2016-03-28 19:45:32| Oil & Gas - Topix.net

TransCanada is looking to sell its New England power generation business, including hydroelectric dams on the Connecticut River, as part of its effort to finance the project. TransCanada, which has agreed to buy Houston-based Columbia Pipeline Group for nearly $10 billion as it expands in the U.S., bought 13 hydroelectric dams on the Connecticut and Deerfield rivers from USGen New England in 2005.

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TransCanada to sell dams in Columbia Pipeline Group deal

2016-03-28 19:39:17| Energy - Topix.net

TransCanada is looking to sell its New England power generation business, including hydroelectric dams on the Connecticut River, as part of its effort to finance the project. TransCanada, which has agreed to buy Houston-based Columbia Pipeline Group for nearly $10 billion as it expands in the U.S., bought 13 hydroelectric dams on the Connecticut and Deerfield rivers from USGen New England in 2005.

Tags: group sell deal columbia

 
 

Playing The Sherman Williams-Valspar Deal

2016-03-28 14:31:03| Chemicals - Topix.net

As S&P has remained flat during the last one and a half year and earnings are expected to remain flat this year, deal arbitrage is the ideal spot of investing. The financing of the deal has already been secured.

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Taiwan's TSMC signs deal to build $3 bln wafer plant in China

2016-03-28 12:15:56| Semiconductors - Topix.net

Taiwan Semiconductor Manufacturing Co Ltd , the world's top contract chip maker, said on Monday it has signed an agreement with the Nanjing City Government to invest $3 billion building an advanced wafer manufacturing facility in China. The announcement comes after TSMC said in December it planned to set up its first wholly owned advanced fabrication plant in China with a $3 billion investment, highlighting the growing importance of the Chinese market for semiconductor giants.

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Sharp says still in talks on completing Foxconn deal

2016-03-28 10:31:00| Telecompaper Headlines

(Telecompaper) Sharp said it's still in talks with Hon Hai Precision Industry on their earlier announced partnership, including a capital injection from the Taiwanese manufacturer. Sharp said the companies aim to reach a "satisfactory agreement as soon as practically possible" but had nothing further to add in response to the latest press reports. Hon Hai said earlier that it would hold a board meeting 30 March as scheduled, but whether the board would discuss the Sharp deal would depend on the progress in the negotiations. Sources familiar with the matter told Bloomberg that Sharp's banks are willing to push back the deadline of 31 March for some of the company's loans coming due. They could give the companies another month to negotiate the deal, the report said. 

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