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Jarden Corp. completes $1.35 billion acquisition of Waddington Group

2015-08-01 00:31:47| Appliances - Topix.net

The Boca Raton-based consumer products company , which owns brands like Yankee Candle and Crock-Pot, announced the agreement to buy Waddington Group from an investment fund managed by Olympus Partner on July 14. On July 30, Jarden Corp. closed on $900 million of senior secured term loans - $300 million of which mature in 2020, with the rest maturing in 2022, the company said. Jarden Corp. funded the acquisition from its proceeds from financing of the term loans and its recent common stock offering.

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Group Forms Human Oil Drop in Call to Shut Down Aging Great Lakes Pipeline

2015-07-31 12:58:56| Oil & Gas - Topix.net

Scientists have warned a Great Lakes oil spill couldn't happen in a worse place than the Straits of Mackinac, where Line 5 is located. Activists formed a human oil drop on the Capitol grounds during a rally Thursday asking state leaders to immediately require Enbridge Energy to shut down Line 5 to avoid an environmental disaster.

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Falling costs boost Q2 profits for IAG airlines group

2015-07-31 12:03:58| Airlines - Topix.net

International Airlines Group, which owns British Airways and Iberia, announced a rise in net profits in the second quarter on Friday thanks to falling costs and fuel bills. Operating profit rose by 40 percent to 530 million euros, driven by increases at British Airways and Iberia, although profits at Spanish low-cost airline Vueling fell.

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Increased Number of Shares and Votes in Addnode Group

2015-07-31 08:44:49| Appliances - Topix.net

As announced on 2 July 2015, Addnode Group AB has acquired Transcat GmbH. In connection with the acquisition, Addnode Group issued new Series B shares to the sellers as part of the payment of the purchase price.

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Petrochemical and Refining Solutions from Safway Group

2015-07-31 01:00:00| Hydrocarbons Technology

Safway provides petrochemical and refining solutions for the hydrocarbons industry.

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