Month: June 2016

ROFIN-SINAR Stockholders Approve Acquisition By Coherent PR Newswire PLYMOUTH, Mich. and HAMBURG, Germany, June 30, 2016 PLYMOUTH, Mich. […]

International Paper Completes the Sale of Its Asian Corrugated Packaging Business Also Completes the Acquisition of Holmen Paper Madrid Mill PR Newswire MEMPHIS, Tenn., June 30, 2016 MEMPHIS, Tenn. , June 30, 2016 /PRNewswire/ — International Paper (NYSE: IP) today announced that it has completed two previously disclosed transactions – the sale of its corrugated packaging business in China and Southeast Asia to Xiamen Bridge Hexing Equity Investment Partnership Enterprise; and the acquisition of the Holmen Paper Madrid Mill in Spain. […]

SNC-Lavalin reaches an agreement to sell its Real Estate Facilities Management business in Canada for $45 million to Brookfield Global Integrated Solutions Canada NewsWire MONTREAL, June 30, 2016 MONTREAL , June 30, 2016 /CNW Telbec/ – SNC-Lavalin (TSX: SNC) is pleased to announce that it has reached an agreement to sell its non-core Real Estate Facilities Management business in Canada to Brookfield Global Integrated Solutions (“Brookfield GIS”) for $45 million , which includes facilities management, property management, realty management and related project management. The community mailboxes and P3s are not included in the agreement. SNC-Lavalin’s Real Estate Facilities Management business in Canada has approximately 1,100 employees. […]

Consolidated Precision Products Corp. Completes Acquisition of Polish Casting Facilities PR Newswire CLEVELAND, June 30, 2016 CLEVELAND , June 30, 2016 /PRNewswire/ — Consolidated Precision Products Corp. (CPP), a leading manufacturer of highly engineered components and subassemblies primarily for the commercial aerospace and defense markets, today announced that it has completed its acquisition of two casting facilities from Pratt & Whitney Rzeszów S.A., a business unit of Pratt & Whitney Canada that is a subsidiary of United Technologies Corporation. […]

Eaton Vance Bank Loan Closed-End Funds Announce Tender Offers For Outstanding Auction Preferred Shares PR Newswire BOSTON, June 30, 2016 BOSTON , June 30, 2016 /PRNewswire/ — Eaton Vance Senior Floating-Rate Trust (NYSE: EFR) and Eaton Vance Senior Income Trust (NYSE: EVF) (the “Funds”) announced today that their Boards of Trustees have authorized tender offers to purchase up to 27% and 44%, respectively, of their outstanding auction preferred shares (“APS”) at a price per share equal to 95% of the APS liquidation preference of $25,000 per share, plus any unpaid APS dividends accrued through the tender date. Each Fund’s tender offer will be subject to the satisfaction of such conditions as will be set forth in the Fund’s offer to purchase and related letter of transmittal. […]

Blackboard Affiliate to Acquire Higher One Acquisition will broaden company’s financial services offerings to institutions, students and parents PR Newswire WASHINGTON, June 30, 2016 WASHINGTON , June 30, 2016 /PRNewswire/ — Blackboard Inc. , the world’s leading education technology company for teaching, learning and student engagement, today announced that an affiliate of the company has entered into a definitive agreement to purchase Higher One Holdings, Inc. (NYSE:ONE) (“Higher One”) […]

Harvest Natural Resources Announces Agreement To Sell Interests In Venezuela PR Newswire HOUSTON, June 30, 2016 HOUSTON , June 30, 2016 /PRNewswire/ — Harvest Natural Resources, Inc. (Harvest or the Company) (NYSE: HNR) today announced that it and its wholly-owned subsidiary, HNR Energia B.V. (HNR Energia), have entered into a Share Purchase Agreement with CT Energy Holding SRL, a private investment firm (CT Energy), to sell all of the Company’s interest in Venezuela […]

InterOil Receives Unsolicited, Conditional Non-Binding Proposal; Continues to Recommend Transaction with Oil Search PR Newswire SINGAPORE and PORT MORESBY, Papua New Guinea, June 30, 2016 SINGAPORE and PORT MORESBY, Papua New Guinea , June 30, 2016 /PRNewswire/ — InterOil Corporation (NYSE: IOC; POMSoX: IOC) has received from a third party an unsolicited, conditional, non-binding proposal to acquire 100% of the outstanding common shares of InterOil. The non-binding proposal is subject to a number of conditions, including (among others) satisfactory completion of due diligence. […]