Transocean, GlobalSantaFe in merger deal
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Transocean Inc. , the world's largest offshore driller, said on Monday it would buy GlobalSantaFe Corp.  for nearly $18 billion in a no-premium deal, adding a fleet of shallow-water drilling rigs to its deepwater equipment.
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"It's very important to have the system of agreements in place. This gives us shorter lead times and assured deliveries when a project is sanctioned."  OSLO, Norway: State-controlled oil company Statoil ASA on Friday announced its intent to sign a framework contract for offshore systems worth up to as 25 billion kroner with Aker Kvaerner ASA and FMC ... via International Herald Tribune
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National Grid Transco, the Britain-based deliverer of energy, announced it has agreed to sell four of its gas distribution networks to consortia in cash deals worth 5.8 billion pounds.
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IN a twist of the ongoing consolidation in information security, leading players Betrusted and TruSecure are to merge. The merger will lead to the formation of Cybertrust -- a large privately held info-sec
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EU antitrust regulators gave the green light Monday to a merger of Britain&#39;s Automobile Association with travel and insurance firm Saga after determining that the deal would not stifle competition.
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Two major New York law firms announced yesterday that they had agreed to merge, creating what will be one of the nationâs largest law firms, with broad international reach.
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These three companies have the urge to merge -- which deals will be the ones to work out?
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Wouldn&#39;t it be great if someone could combine Barnes &amp; Noble (NYSE: BKS), GameStop (NYSE: GME), Blockbuster (NYSE: BBI), and Trans World Entertainment&#39;s (Nasdaq: TWMC) FYE music?
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Alcan Inc., one of the world&#39;s largest aluminum producers, said Friday it agreed to sell assets of its ores and concentrates trading division to Ocean Partners Holdings Ltd.
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Norwegian energy giants Statoil and Norsk Hydro unveil plans to merge their offshore oil and natural gas operations.
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The deal will create a global offshore oil giant Energy firms Statoil and Norsk Hydro have unveiled plans to merge their offshore oil and gas operations, creating a global industry giant.Comment
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Oil company reachs deal over 2005 refinery explosion, oil spill and propane price-fixing.
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The latest deal will provide an edge in the intensely competitive security market.
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The New York Stock Exchange and Tokyo Stock Exchange unveiled an alliance yesterday that extends the NYSE's global reach and could lead to an eventual combination of the world's two largest financial markets.
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Utility giant Suez SA and state-owned Gaz de France agreed to new terms for a long-stalled merger that would create a global energy giant minority-owned by the French state, an official said.
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National Grid Transco, the Britain-based deliverer of energy, announced it has agreed to sell four of its gas distribution networks to consortia in cash deals worth 5.8 billion pounds (8.
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Insurer Standard Life has agreed to buy  rival Resolution for 4.9 billion pounds ($10.1 billion),  topping a competing offer and breaking up Resolution's planned  merger with Friends Provident.