Pacific Hydro Appoints Advisers for Possible Sale
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Pacific Hydro Ltd., Australia&#39;s biggest listed renewable energy company, hired advisers after receiving approaches that may lead to a takeover.
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The California department store operator might look interesting to acquirers.
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The Canadian government will sell its 19 percent stake in oil producer and refiner Petro-Canada (PCA.TO: Quote, Profile, Research) in a public offering, the company said on Thursday.
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In SAN FRANCISCO/BOSTON story headlined &quot;UPDATE 2-Franklin likely to settle brokerage charges soon&quot; please read in 9th paragraph ... In September, an adviser for Newport Beach, California-based Pacific Investment
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CANBERRA (Dow Jones)--Renewable energy generator Pacific Hydro Ltd. (PHY.AU) reported Wednesday a 39% jump in net profit, including a one-time tax benefit, to A$40.7 million in the fiscal year ended June 30, up from A$29.3 million in the previous year.
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By JIM SKEEN\\ Staff Writer  LANCASTER -- Lancaster homeowners could be asked to finance millions of dollars for additional work in a proposed expansion of the sewage treatment plant.
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Napster said that it had hired UBS Investment Bank to assist in the possible sale of the company.
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The public body which operates the London Underground said Friday it was ready to make an offer for one of the private companies which runs its infrastructure.
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The Canadian government moved forward with plans to sell its C$3.04 billion ($2.36 billion) stake in Petro-Canada, as the oil company filed offering documents with US and Canadian regulators.
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Cable television, phone and Internet   service provider RCN Corp. RCNI.O has hired Blackstone Group   to consider the possible sale of the company, a source familiar   with the matter said on Wednesday.
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China&#39;s banking regulator said it will provide &quot;active consideration and prior approval&quot; for overseas banks wanting to buy stakes in lenders based in the country&#39;s northeast.
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Canada is concerned by the prospect of China buying up its natural resources firms and is reviewing tougher investment safeguards, Industry Minister David Emerson said on Wednesday.
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Jarvis Plc, the UK engineer seeking to avoid collapse, said it may attract a new investor or a potential suitor after selling its stake in the London subway.
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Dubai Ports World, which owns P&O, says it will sell about 20% of its shares in an offering next month.
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An adverse panel recommendation could threaten Northgate Minerals' golden opportunity.
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A Canadian state pension fund and an Australian fund manager are linked with a bid for Anglian Water's owner.
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Newspaper publisher Pulitzer Inc. confirmed on Sunday it hired a financial adviser to help it explore strategic options, including a possible sale of the company.