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Tag: deal
Nautic Africa signs deal with Citrans to build ferries for the Ivory Coast
2016-03-03 01:00:00| Ship Technology
South African shipbuilder Nautic Africa has entered an agreement worth ZAR347m ($22m) with transportation company Citrans to build the first set of ferries in a series of 18 vessels for the Ivory Coast, Cote d'Ivoire.
UPDATE 1-CP Rail mulls litigation over opposition to Norfolk Southern deal
2016-03-02 23:15:43| Railroads - Topix.net
Canadian Pacific Railway Ltd said on Wednesday it is looking at all legal options in response to what it described as concerted efforts by certain U.S. railroads to block its proposed merger with Norfolk Southern Corp. "It is unfortunate that CP must consider the use of litigation to ensure a level playing field and protect its rights," CP, Canada's second largest railroad, said in a statement. CP's $28 billion plan to buy Norfolk Southern has garnered support from more than 80 shippers, but is being opposed by Norfolk Southern and a number of industry groups and other rail customers.
Tags: update
deal
southern
opposition
Brazil mudslide 800m deal reached
2016-03-02 22:06:12| BBC News | Business | UK Edition
The owners of a Brazilian mine that breached a dam, setting off a deadly mudslide, has agreed to pay $4.4bn reais (804m) in damages.
Tags: deal
brazil
reached
800m
Katz Group selling Rexall Health, with 470 retail pharmacies, in $3-billion deal
2016-03-02 16:21:57| Biotech - Topix.net
The Edmonton-based Katz Group has agreed to sell the Rexall Health drugstore chain, including its 470 retail pharmacies, in a C$3-billion deal with U.S. health care company McKesson. McKesson says the friendly deal is the next natural step to take in the relationship between the two companies, which have worked together for 20 years.
Tags: group
health
deal
selling
Shareholder groups say Mylan deal requires vote; Kraft Heinz going to cage-free eggs
2016-03-02 16:21:56| Biotech - Topix.net
Two shareholder rights groups in Europe are challenging Mylan's pending acquisition of Swedish drug company Meda AB, saying the $9.9 billion deal announced Feb. 10 first needs to be approved by Mylan's shareholders. In a letter last week, the Dutch Investors' Association and the European Investors' Association contended Dutch law required the transaction be put to a vote.
Tags: groups
requires
deal
vote
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