Financing Strategies

US firm General Electric (GE) has made two recent moves to bolster confidence among investors as many of its business arms and its stock price have been hit by the financial crisis.... 2008-12-17

Bay Street has seen a raft of fundraising activity in recent months, and on December 15 Bank of Montreal (BMO) became the latest Canadian financial services provider to raise capital,... 2008-12-16

Canada's banks been have been widely seen as having avoided much of the subprime fallout that has cut such a swathe through financial services in the US and Europe, but a wide range... 2008-11-26

The acquisition of US Silica, the US's second-largest miner and processor of industrial sand, by San Francisco-based private equity firm Golden Gate Capital (GCC) is yet another deal... 2008-11-26

In one of the largest offerings this year, financial services group Wells Fargo sold US$11bn worth of common stock on November 6 in a bid to fund its purchase of Wachovia. The bank... 2008-11-10

Houston, Texas-based energy company Carrizo Oil & Gas and private equity firm Avista Capital Partners have joined together to develop acreage in the Marcellus Shale. The joint... 2008-11-06

Houston, Texas-based energy company Carrizo Oil & Gas and private equity firm Avista Capital Partners have joined together to develop acreage in the Marcellus Shale. The joint... 2008-11-06

Commercial Lender CNA Financial received a US$1.25bn boost from majority owner Loews Corporation on October 27, after it was hit hard in Q308 by heavy losses. CNA announced US$423mn... 2008-10-29

Hartford Financial Services Group announced on October 6 a US$2.5bn investment from Allianz, Europe's biggest insurer. Allianz will purchase, at US$31 per share, US$750mn of preferred... 2008-10-09

Cincinnati, Ohio-based Pierre Foods announced on September 30 that it has filed for a consensual Joint Plan of Reorganisation and Disclosure Statement with the US Bankruptcy Court... 2008-10-02