Cemex completes $1.7B sale of Australian operations to Holcim in effort to build liquidityOctober 1st, 2009 Cemex completes $1.7B sale of Australian assetsNEW YORK — Building materials giant Cemex SAB de CV said Thursday it completed the sale of its Australian operations to Holcim Group for proceeds of about $1.7 billion. The company said it plans to use the proceeds to pay off debt and strengthen its liquidity position.
Crosstex completes sale of natural gas treating business to Kinder Morgan Energy for $266MOctober 1st, 2009 Crosstex completes sale of gas treating businessDALLAS — Natural gas company Crosstex Energy LP said Thursday it has completed the sale of the partnership's natural gas treating business to pipeline transportation and energy storage company Kinder Morgan Energy Partners LP for roughly $266 million. Crosstex will use the net proceeds from the transaction to pay down debt.
Canada to review Avaya purchase of Nortel assets to determine if deal benefits CanadaSeptember 24th, 2009 Canada to review Nortel-Avaya dealTORONTO — Canada's industry minister said Thursday he will review the sale of Nortel's enterprise division to U.S. telecom company Avaya to determine if the deal significantly benefits Canada.
Covidien closes sale of sleep diagnostic assets to Embla SystemsSeptember 21st, 2009 Covidien closes sale of sleep productsNEW YORK — Medical device maker Covidien said Monday it completed the sale of its sleep diagnostics assets to Embla Systems. Financial details of the previously announced deal were undisclosed.
Canadian Auto Workers says Ford won't commit to maintaining production guarantees in CanadaSeptember 11th, 2009 Canadian auto union frustrated with Ford CanadaTORONTO — The Canadian Auto Workers president says he's frustrated at the lack of progress the union has made in labor talks with Ford Canada. Ken Lewenza said Friday the negotiations have stalled because the company is refusing to commit to maintain its production guarantees in Canada.
Eastman Kodak completes purchase of Bowe Bell + Howell scanner business, price not disclosedSeptember 1st, 2009 Eastman Kodak completes buy of scanner businessROCHESTER, N.Y. — Eastman Kodak Co.
Weyerhaeuser completes sale of commercial business to Atlas HoldingsAugust 17th, 2009 Weyerhaeuser completes sale of 4 plants to AtlasFEDERAL WAY, Wash. — Timber and wood products company Weyerhaeuser Co.
Sport Supply Group acquires some team sports assets from Har-Bell Athletic GoodsJuly 30th, 2009 Sport Supply Group acquires assets from Har-BellDALLAS — Sport Supply Group Inc. said Thursday it has bought some team sports assets from Har-Bell Athletic Goods.
Sale of troubled Iowa kosher slaughterhouse to Canadian plastics manufacturer approvedJuly 20th, 2009 Sale of Iowa kosher slaughterhouse approvedIOWA CITY, Iowa — A bankruptcy judge has approved the sale of an Iowa kosher slaughterhouse that was subjected to a large immigration raid. U.S. Bankruptcy Judge Paul J.
Canadian PM says Canada had to bail out GM to keep jobs in the countryJune 1st, 2009 Canadian PM says country had to bail out GMTORONTO — Canada's prime minister says the country would have lost hundreds of thousands of jobs if it hadn't joined with the U.S. government in bailing out General Motors.
Canada plans to resume arms sale to PakistanMay 21st, 2009 TORONTO - Canada has hinted at lifting its embargo on the sale of weapons to Pakistan. Canadian Defence Minister Peter MacKay, who is currently in Pakistan, told a Canadian newspaper that his government might soon end its 11-year embargo on the sale of arms to Islamabad.
Union leader says Canada governments pushing CAW, GM Canada to renegotiate contractMay 8th, 2009 Union says CAW, GM Canada being pushed to talkTORONTO — The head of the Canadian Auto Workers says the Canadian and Ontario governments are pressing the union to resume labor negotiations with General Motors Canada or risk losing government financial assistance. Ken Lewenza said Thursday that the governments have set a deadline of May 15 for the two sides to agree on a new pact.
Bankruptcy judge asked to approve proposed sale of Magna Entertainment assetsMay 4th, 2009 Judge weighs Magna Entertainment asset saleWILMINGTON, Del. — Horse track owner Magna Entertainment Corp.
Bankruptcy judge approves proposed sale of Magna Entertainment assetsMay 4th, 2009 Judge approves Magna Entertainment asset saleWILMINGTON, Del. — A Delaware bankruptcy judge has approved proposed sale procedures for certain assets of horse track owner Magna Entertainment Corp.
Canada will recover before others, says PMMarch 11th, 2009 TORONTO - Striking a positive note, Canadian Prime Minister Stephen Harper has declared that his country will be the first in the world to emerge from the current economic crisis. Speaking at a trade board meeting in Indian-dominated Brampton city on Toronto's outskirts Tuesday, Harper said: 'Canada was the last advanced country to fall into this recession.
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