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DuPont deal may offer relief for Dow boss
2015-12-10 11:21:40| Chemicals - Topix.net
Atlanta/New York - For Dow Chemical chief executive Andrew Liveris, a merger with rival DuPont would come at a convenient moment, as he faces fresh pressure from a major investor and an ongoing federal investigation into the CEO's spending. According to people familiar with the matter, Dow and DuPont are in advanced talks to combine the storied companies into a chemicals giant with sales of more than $90 billion.
EXCLUSIVE: ChemChina Expected To Bid $44 Billion For Syngenta In All-Cash Deal
2015-12-10 07:09:51| Chemicals - Topix.net
Syngenta AG shares are up on Wednesday after the "mother of all" chemical mergers is reportedly being considered between Dow Chemical Co and EI Du Pont De Nemours And Co . According to a source familiar with the matter, Syngenta could be next.
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REFILE-U.S. seeks N.Y. lawyer's conviction over Maxim magazine deal fraud
2015-12-10 05:54:09| Air Courier - Topix.net
A New York lawyer "lied over and over" to lenders and others to help a felon fraudulently raise money to buy Maxim magazine, a federal prosecutor told jurors on Wednesday at the close of a trial. As part of the scheme, lawyer Harvey Newkirk assisted convicted con man Calvin Darden Jr in impersonating his father, a retired senior executive with United Parcel Service Inc, to secure financing for the $31 million deal, prosecutor Sarah Paul said in Manhattan federal court.
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REFILE-U.S. seeks N.Y. lawyer's conviction over Maxim magazine deal fraud
2015-12-10 05:35:01| Trucking - Topix.net
A New York lawyer "lied over and over" to lenders and others to help a felon fraudulently raise money to buy Maxim magazine, a federal prosecutor told jurors on Wednesday at the close of a trial. As part of the scheme, lawyer Harvey Newkirk assisted convicted con man Calvin Darden Jr in impersonating his father, a retired senior executive with United Parcel Service Inc, to secure financing for the $31 million deal, prosecutor Sarah Paul said in Manhattan federal court.
Tags: deal
magazine
lawyers
fraud
Electrolux to pay $175M fee for failed GE deal
2015-12-09 23:14:55| Appliances - Topix.net
Electrolux AB's failed ambition to acquire General Electric Co.' s appliance business came at a price: The Swedish firm said Wednesday it would pay the $175 million break-up fee demanded by the U.S. company.
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