News and analysis on global M&A and corporate financing strategies

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United States

Texan-based integrated energy firm Southwestern Energy has announced the definitive closure of the sale of its subsidiary utility, Arkansas Western Gas to SourceGas for US$230mn.... 2008-07-03


United States

Bismarck-based diversified energy and construction firm MDU Resources Group announced on July 1 that it will pay US$328mn for Intermountain Gas, an Intermountain Industries subsidiary.... 2008-07-03


United States

On July 1 Blockbuster abandoned its US$1.3bn offer to buy electronics retailer Circuit City Stores, ending weeks of speculation that the deal was on the rocks. Citing market conditions,... 2008-07-03


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United States

Del Monte Foods has agreed sell its seafood business to South Korea's Dongwon Group for US$363mn. The sale will create the world's top canned tuna firm as Del Monte's seafood business... 2008-07-03


United States

The US's largest pork producer, Smithfield Foods, has made a significant step in its efforts to expand outside the US. On June 30 it announced that state-owned COFCO Limited, China's... 2008-07-02


United States

South African miner AngloGold Ashanti won shareholder approval to acquire Colorado-based miner Golden Cycle Gold Corporation on July 1. AngloGold will give Golden Cycle shareholders... 2008-07-02


United States

Energy-focused private equity firm First Reserve invested US$720mn to back the formation of Torus Insurance Holdings (Bermuda), a specialist insurance company. A group of senior insurance... 2008-06-26


United States

US firm Duke Energy announced on June 26 the acquisition of wind power specialists Catamount Energy Corporation from private equity firm Diamond Castle Holdings, for US$240mn in cash,... 2008-06-26