Coates shareholders back $1.5 billion National Hire bid
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Shareholders in Australian equipment  hire firm Coates Hire Ltd  voted on Monday to approve a  A$1.7 billion ($1.5 billion) private equity-backed offer from  rival National Hire Group Ltd .
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By Soule, Alexander  After coming up short in its bid for $15 million in federal grants a year ago, The Workplace Inc. last week received a $5 million commitment from the U.S. Department of Labor to create new workforce development programs in Connecticut's Fairfield County.
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The Shell oil company has been handed a $1.5 billion bill for ecological compensation in the Niger delta by the government of Nigeria.
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Standard Chartered has agreed to buy US$1.5 billion (HK$11.7 billion) worth of loans from Australia and New Zealand Banking Group (ANZ) to beef up its project finance operation.
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Buyout funds Cerberus  and JC Flowers have not ruled out re-entering the race to buy ailing bank Northern Rock Plc  after Britain smoothed financing for a deal, people familiar with the matter said.
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An environmentally minded California software firm says it will give $5,000 to every one of its 1,500 US workers who buys a gas-electric hybrid vehicle rated 45 miles per gallon or more in highway driving.
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Britainâs biggest insurance company sparked a fresh row today over work being lost to India when it unveiled plans to create almost 1,000 jobs in Asia.
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Corus shareholders overwhelmingly vote to accept a Â£5.75bn takeover offer from Indian firm Tata Steel.
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Company's distribution includes 1.5 million shares for Chief Executive John Chambers.
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LONDON: Manchester United received a bid approach on Monday that boosted their shares by over 5% as industry sources said US sports tycoon Malcolm Glazer planned a bid of over Â£650mil.
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MANCHESTER United has received a takeover approach that boosted the club&#39;s shares by over 5 per cent as industry sources said US sports tycoon Malcolm Glazer planned a bid of $1.
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BHP Billiton Ltd./Plc. , the worldâs largest diversified miner, said on Tuesday it would buy back up to A$1.5 billion ($1.1 billion) of its shares.
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Holcim, the world's number two cement maker has made a friendly, 1.8 billion-pound takeover bid for British counterpart Aggregate Industries, the firms said.
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The California Employees' Retirement System voted Wednesday to tender its 1.5 million PeopleSoft shares to Oracle, giving the hostile suitor a boost in the final days of its takeover bid.
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As criticism mounted yesterday over Banknorth Group's pending deal with a Canadian bank, chief executive William J. Ryan defended his decision to sell a majority stake in New England's largest independent bank, saying it is in the shareholders' best interest.
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Speedy Hire, a British tool-rental company, agreed to buy Finning Internationalâs Hewden Tools business for Â£115 million ($227 million) to add branches and expand its range of drills, scaffolding and generators. Speedy, based in Newton-le-Willows, northwest England, will pay cash for the operation, part of the Hewden Stuart subsidiary of Finning, which is based in Vancouver, British Columbia. The purchase will increase Speedy Hireâs annual revenue by at least 20 percent, to more than Â£400 million, the chief executive, Steve J. Corcoran, said on a conference call.
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Company to pay out $5.5 million The discrimination claim was brought on behalf of Colorado employees. The chain denies misconduct.