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Enbridge to buy additional equipment to improve emergency response capabilities in Michigan

2016-06-23 01:00:00| Hydrocarbons Technology

Canadian pipeline company Enbridge will invest $7m over the next two years in additional equipment in a bid to improve emergency response capabilities within Michigan, US.

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Breakthru Beverage Group takes full control in Arizona after Glazer's buy

2016-06-22 12:40:00| Daily beverage news and comment - from just-drinks.com

Breakthru Beverage Group, the US wholesaler created through a merger by Charmer Sunbelt and Wirtz Beverage, has bought rival Glazer's 50% share in Alliance Beverage Distributing Co.

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Tesla makes offer to buy SolarCity

2016-06-22 04:04:18| BBC News | Business | UK Edition

Electric carmaker Tesla offers to buy solar panel company SolarCity in a bid to expand its clean energy business.

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Investcorp inks US$100m deal to buy Corneliani

2016-06-21 14:46:00| Daily apparel & textile news and comment - from just-style.com

Global investment group Investcorp has agreed a US$100m deal to acquire a majority stake in Italian luxury men's wear company Corneliani.

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Tencent confirms deal to buy Supercell from Softbank

2016-06-21 13:09:00| Telecompaper Headlines

(Telecompaper) Chinese internet company Tencent has confirmed an agreement to buy Supercell, the developer of the game 'Clash of Clans', in a deal valuing the Finnish company at USD 10.2 billion. Tencent is the majority shareholder of a consortium of investors buying 84 percent of Supercell; the company did not say how much it will contribute to the purchase price. Supercell's employees will continue to own the rest of the company, and Tencent said it will continue to encourage a strong employee involvement through share incentives. In future employees will be able to sell shares from vested options to Tencent on an annual basis.

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