POST Online Media Lite Edition



 

Companies : Page 2723

Kellogg Company to acquire majority stake in Bisco Misr

January 13, 2015
Kellogg Company expects to acquire an 85.93% stake in Bisco Misr based upon the number of shares tendered to the company through the Egyptian Stock Exchange as of the close of Kellogg's Mandatory Tender Offer.

Cyprus Airways shuts down after order to repay state aid

January 13, 2015
Cyprus' national airliner Cyprus Airways has ceased operations after an EU decision it must repay over 65m euros (£50m) in illegal state aid.

Abengoa to develop a 924 MW plant in Mexico

January 13, 2015
Abengoa has been chosen by Mexico's Federal Electricity Commission (CFE) to carry out the Norte III project, consisting of a 924 MW combined cycle plant in Ciudad Juárez (Mexico) as part of the National Investment Plan 2014-2018 recently announced by the Mexican government.

Ares Management closes two real estate funds with $2.1 billion

January 13, 2015
Ares Management closed two oversubscribed real estate funds with total capital commitments of $2.1 billion, said Bill Mendel, spokesman for the alternative investment firm.

Scatec Solar to get $157 million for power plant in Utah

January 13, 2015
The independent solar power producer Scatec Solar of Norway has entered into financing agreements totaling $157 million for construction of the 104 MW Red Hills solar photovoltaic (PV) power plant in Utah.

Dunkin' Brands Group opened 422 restaurants

January 12, 2015
Dunkin' Brands Group, Inc., the parent company of Dunkin' Donuts and Baskin-Robbins, announced that in 2014 its U.S. franchisees opened a total of 422 net new Dunkin' Donuts and Baskin-Robbins.

Halcon Resources to cut costs more

January 12, 2015
Oil and gas producer Halcon Resources Corp said it would further cut its drilling and completion budget for 2015, responding to the continuing fall in oil prices.

U.S. Navy to buy battery system from K2 Energy Solutions for $81.4 million

January 12, 2015
The U.S. Navy placed an $81.4 million order with K2 Energy Solutions Inc. for a battery system to power an electromagnetic railgun. K2 will design and build the lithium-ion storage system.

Huaneng's power generation fals 7.27%

January 12, 2015
Huaneng Power International announced its power generation in 2014. As of December 31, 2014, the company's total power generation of its power plants within China on consolidated basis amounted to 294.388 billion kWh, representing a decrease of 7.27% over the same period last year.

Golub Capital provider $232.25m to Ontario Teachers' to buy PetVet Care Centers

January 12, 2015
Golub Capital announced that as joint lead arranger, joint bookrunner and administrative agent it provided a $232.25 million senior credit facility to support the acquisition of PetVet Care Centers by Ontario Teachers' Pension Plan.

Heathrow reported record number of passengers

January 12, 2015
Heathrow unveiled record figures with a record 73.4 million passengers that made journeys through Heathrow in 2014, an increase of 1.4% on 2013.

Freeman Spogli & Co buys Plantation Products

January 12, 2015
Plantation Products, the market leader in seed packets and seed starting products in North America announced that it has been acquired by Freeman Spogli & Co.