Loews to Buy Entergy-Koch Pipeline
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Conglomerate Loews Corp. (LTR.N: Quote, Profile, Research) on Monday said it agreed to buy Gulf South Pipeline LP, which owns and operates an 8,000-mile interstate natural gas pipeline system, from Entergy-Koch LP for $1.136 billion.
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Valero LP (VLI.N: Quote, Profile, Research) agreed to buy Kaneb Services LLC (KSL.N: Quote, Profile, Research) and Kaneb Pipe Line Partners LP (KPP.
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Transocean Inc. , the  world&#39;s largest offshore driller, said on Monday it would buy  smaller rival GlobalSantaFe Corp. , creating a $53  billion company with a presence in ultra-deepwater and  deepwater drilling and additional growth from new rigs.
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Loews Corp. , a conglomerate, said on Monday it will buy gas exploration and production assets in three states from Dominion Resources Inc.  for $4.025 billion in cash, betting on rising natural gas prices as it diversifies its revenue stream.
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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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NEW YORK Loews Corporation has agreed to purchase Gulf South Pipeline LP from Entergy-Koch LP for one-point-14 (b) billion dollars.
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An investment group is expected to announce Monday that it has struck a deal to buy British water utility AWG PLC  for about $4.12 billion, a source familiar with the situation told Reuters on Sunday.
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A privately-owned Dutch steel-maker led by billionaire Lakshmi Mittal is consolidating its steel holdings and is buying U.S.-based International Steel Group Inc.
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U.S. conglomerate General Electric   has agreed to buy British oilfield services firm Sondex   for 288.7 million pounds ($583.1 million) in cash, the  two firms said on Monday.
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Wachovia Corp.  on Thursday said it would buy A.G. Edwards Inc.  for about $6.8 billion in cash and stock to create the second-largest retail brokerage in the United States.
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Ingersoll Rand, the industrial conglomerate, is near a deal to buy Trane, the air conditioning company that is the successor to American Standard, for about $10 billion.
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NEW YORK, August 23 (New Ratings) - Alcoa Inc (AA.NYS) and BHP Billiton have announced their plans for an initial public offering filing for their metal processing and distribution joint venture, Integris Metals Corporation.
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Oil and gas pipeline operator Kinder  Morgan, Inc.  said on Monday it had signed an agreement  to be bought by an investor group that includes Chief Executive  Richard Kinder for $107.50 per share, or $15 billion, in cash.
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The recent decision by conglomerate Loews  to spin off its Lorillard tobacco unit could boost its stock by shrinking its total shares outstanding by 20 percent and eliminate much of the remaining tobacco-liability risk, Barron's said on Sunday.
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El Paso Corp., the natural gas pipeline giant, on Wednesday said it entered into an agreement to sell its interest in subsidiaries that supply power to Public Service Electric &amp; Gas Co.
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Conglomerate Loews Corp. LTR.N on  Monday said it agreed to buy Gulf South Pipeline LP, which owns  and operates an 8,000-mile interstate natural gas pipeline  system, from Entergy-Koch LP for $1.136 billion.
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Kohlberg Kravis Roberts, the US buy-out giant, last night agreed to buy Masonite International, a Canadian door products manufacturer, for about C$3.1bn (US$2.5bn) in cash.