CEO of Alaska Aerospace Corp. floats idea of privatization in discussing future
The president and CEO of Alaska Aerospace Corp. said Wednesday that the state-owned corporation would like to become a private company.
Drugstore chain Rite Aid to spend $2 billion on pharmacy benefits manager EnvisionRx
Rite Aid is expanding from running drugstores into managing pharmacy benefits with a $2 billion purchase of EnvisionRx.
Share price soars 18 pct for Spain airport company in opening hours of trading
The share price for Spain's national aviation authority, AENA, has soared by 18 percent on the first day of trading after the state company was partially privatized.
Spain airport group AENA sets top share price for partial sale, values company at $9.8 bln
Spain's national aviation authority, AENA, has set a top-of-the-range price of 58 euros ($65) euros per share for the company's partial privatization this week, valuing the company at some 8.7 billion euros ($9.8 billion).
China's Wanda Group buys Swiss sports marketer Infront for $1.2 billion
Chinese real estate giant Wanda Group is buying Swiss sports marketing company Infront Sports & Media for 1.05 billion euros ($1.2 billion) from a private equity group.
Pfizer buying Hospira for about $15.23B, will pay $90 per share in cash
Pfizer is buying Hospira for approximately $15.23 billion, saying it is a good fit with its global established pharmaceutical business.
Staples snaps up Office Depot for $6 billion to create office-supply giant
Staples is buying Office Depot in a cash-and-stock deal valued at nearly $6 billion.
EnLink Midstream to buy natural gas company Coronado for about $600 million
Oil and gas companies EnLink Midstream and EnLink Midstream Partners LP said Monday that they have agreed to buy Coronado Midstream Holdings LLC for about $600 million.
With Sears spinoff complete, Lands' End CEO Huber resigns; Marchionni named successor
Lands' End CEO Edgar Huber is resigning, the company said Monday.
Mylan buying some women's health care businesses from Famy Care for $750 million
Generic drugmaker Mylan is buying some women's health care businesses from Indian health care company Famy Care Ltd. for $750 million.
American, US Airways pilots approve contract, a step toward combining workforces after merger
Pilots at American Airlines and US Airways have approved a single labor contract, a step toward combining workforces at the two carriers, which merged in December 2013.
Post Holdings to spend $1.15 billion to expand cereal offerings with MOM Brands acquisition
Post Holdings is spending $1.15 billion to bulk up its presence in the market for bagged and hot cereals by buying the privately held MOM Brands Co., maker of Malt-O-Meal cereals.
Aer Lingus confirms new takeover bid by British Airways parent IAG, considers improved offer
Aer Lingus has confirmed that British Airways parent IAG has made an improved takeover offer of 2.55 euros ($2.85) per share, and the board of the Irish airline says it is seriously considering the proposal.
Anheuser-Busch adds to craft brewing coterie with acquisition of Elysian
Anheuser-Busch says it is buying Seattle-based craft brewer Elysian Brewing Co. for an undisclosed sum.
Berkshire Partners, New Balance buying footwear company Rockport for undisclosed amount
Private equity firm Berkshire Partners and athletic shoe maker New Balance are buying The Rockport Co. from the Adidas Group.
RBC seeks to boost financial services for wealthy by paying $5.4 billion for City National
Royal Bank of Canada plans to boost its services for wealthy clients by paying about $5.4 billion in cash and stock to buy U.S.-based City National Corp.
With Nebraska route cleared, TransCanada takes steps to acquire land for Keystone XL pipeline
The developer of the Keystone XL oil pipeline has taken its first steps in Nebraska since the state's high court cleared the way for the planned route.
Clean Harbors says it plans to spin off oil and gas field services unit; also names COO
Clean Harbors Inc. said Tuesday that it plans to spin off its oil and gas field services unit as a separate publicly traded company following a strategic review of its business.
Schlumberger to pay $1.7 billion for minority stake in Russian oilfield services company
Schlumberger will spend about $1.7 billion for a minority stake in a big Russian energy company at a time when the country's relations with the West are under strain and as energy prices hit multiyear lows.
Labor groups win concessions in privatization of Portuguese national airline
The successful bidder in the upcoming privatization of Portugal's national airline won't be able to make collective redundancies for at least two-and-a-half years after taking control.