Companies : Page 2695

Orange buys-out Orascom's participation and rights in Mobinil (ECMS)

February 24, 2015 Orange and Orascom Telecom Media and Technology (OTMT) have agreed that Orange will purchase all the shares and voting rights held directly or indirectly by OTMT in the Egyptian Company for Mobile Services (ECMS).

Cabot Oil & Gas reserves increased 36 percent

February 23, 2015 Cabot Oil & Gas Corporation reported year-end proved reserves of 7.4 trillion cubic feet equivalent (Tcfe), an increase of 36 percent over year-end 2013.

Southern Company buys two Georgia solar projects totaling 99 megawatts

February 23, 2015 Southern Company subsidiary Southern Power announced the acquisition of two photovoltaic (PV) solar projects totaling 99 megawatts (MW) in Georgia.

West African Development Bank raises $200m for cotton in Benin

February 23, 2015 The West African Development Bank (BOAD) is raising a facility of $199 million to support the cotton season in Benin.

ADIA buys Miami Beach Edition from Marriott for $230 million

February 23, 2015 A company owned by the Abu Dhabi Investment Authority (ADIA) bought The Miami Beach Edition hotel from Marriott International for $230 million.

Polypore International sold for $3.2 billion

February 23, 2015 High technology filtration compan Polypore International, Inc. has signed definitive agreements for the sale to Asahi Kasei.

Duke Energy to pay $102 million for spilling coal ash

February 23, 2015 Federal prosecutors charged Duke Energy on Friday with violating the Clean Water Act for spilling coal ash from its power plants into North Carolina rivers.

Apple to invest €1.7 billion in new European data centres

February 23, 2015 Apple announced a €1.7 billion plan to build and operate two data centres in Europe, each powered by 100 percent renewable energy.

Valeant to buy Salix Pharmaceuticals for $14.5 billion

February 23, 2015 Valeant Pharmaceuticals International, Inc. and Salix Pharmaceuticals, Ltd. have entered into a definitive agreement under which Valeant will acquire all of the outstanding common stock of Salix for $158 per share in cash, or a total enterprise value of approximately $14.5 billion.

Shire completes acquisition of NPS Pharma

February 23, 2015 Shire plc announced the completion of the tender offer for all of the outstanding shares of NPS Pharmaceuticals, Inc. and the subsequent acquisition of NPS Pharma

McCormick to acquire Drogheria & Alimentari in Italy

February 23, 2015 McCormick & Company, Incorporated has signed an agreement to purchase 100% of the shares of Drogheria & Alimentari (D&A), a privately held company based in Italy.

Volvo self-driving cars

February 21, 2015 Volvo Cars presented a solution that makes it possible to integrate self-driving cars into real traffic with passengers in the driver's seat.