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M&As this week: Rockhopper Exploration, Chevron, Det norske oljeselskap

2016-04-22 01:00:00| Offshore Technology

Rockhopper Exploration plc has agreed to acquire Beach Petroleum (Egypt) Pty Ltd (Beach Egypt) for $20.5m. The company will use its existing cash resources to fund the acquisition.

Tags: week mas det exploration

 

M&As this week: McCormick & Company, Shanghai Kaichuang Ocean Resources, 2 Sisters Food Group Melco Holdings

2016-04-22 01:00:00| Food Processing Technology

Australian herbs and spices seller Botanical Food Company has been acquired by McCormick & Company in a A$150m ($115.45m) all-cash deal, which represents 12 times its EBITDA.

Tags: group company resources week

 
 

M&A's this week: GIC Private Limited, Horizon Petroleum, and Rockhopper Exploration

2016-04-22 01:00:00| Power Technology

GIC Private Limited (GIC) has announced that Fortis agreed to sell a 19.9% stake in the power transmission and distribution company ITC Holdings Corp for approximately $1.23bn.

Tags: private week limited mas

 

Masco Corp (MAS) Rating Lowered to Hold at Zacks Investment Research

2016-04-18 21:16:23| Furniture - Topix.net

According to Zacks, "Masco's 2015 results were marked by robust growth in earnings, revenues and margin, as the company capitalized on the improving momentum in the repair and remodeling and new home construction industry. Strong sales were reported across most of its segments, with some volatility in plumbing, decorative architectural products and cabinets.

Tags: research rating hold mas

 

RBC Capital Boosts Masco Corp (MAS) Price Target to $35.00

2016-04-18 03:26:03| Furniture - Topix.net

RBC Capital's price objective indicates a potential upside of 8.43% from the stock's current price. Masco Corp traded up 0.37% during trading on Tuesday, hitting $32.28.

Tags: price capital target mas

 

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