NEW YORK/HELSINKI (Reuters) – Ciena Corp will buy the optical networking and carrier ethernet business of bankrupt Nortel for $769 million, after trumping Nokia Siemens Networks in a three-day auction, sources told Reuters. See original here: Ciena trumps NSN to buy Nortel ops for $769 million: sources
Also tagged after-trumping, networking-and, networks-, new, nortel, optical, original-here, reuters, the-optical, yorkNEW YORK/HELSINKI (Reuters) – Ciena Corp will buy the optical networking and carrier ethernet business of bankrupt Nortel for $769 million, sources told Reuters, after it trumped Nokia Siemens Networks in a three-day auction. Follow this link: Ciena buys Nortel ops for $769 million: sources
Also tagged 769-million, after-it-trumped, carrier-ethernet, ciena-corp-, nokia, optical, reutersAFP – British bank Barclays announced on Monday that it will buy the home loans and savings division of insurer Standard Life for 226 million pounds (246 million euros, 369 million dollars). Original post: Barclays bank to buy Standard Life assets (AFP)
Also tagged 369-million, afp, announced-on-monday, british, for-226, loans-and, million-pounds, monday, standard-life, the-homeMILWAUKEE – (AP) Chicken producer Pilgrim’s Pride Corp. confirmed Tuesday that Brazilian beef producer JBS SA will buy a majority stake in the company for $800 million in a deal that will let Pilgrim’s Pride emerge from bankruptcy protection. The deal includes paying off Pilgr See the rest here: JBS to take …
Also tagged a-majority-stake, beef-producer, brazilian, chicken, deal-includes, emerge-from, majority-stake, paying-off, pilgr, pride, pride-corp-, the-rest, tuesday, will-letMILWAUKEE – (AP) Chicken producer Pilgrim’s Pride Corp. confirmed Tuesday that Brazilian beef producer JBS SA will buy a majority stake in the company for $800 million in a deal that will let Pilgrim’s Pride emerge from bankruptcy protection. The deal includes paying off Pilgr
Also tagged emerge-from, majority-stake, paying-off, paying-off-pilgr, pilgr, pilgrim, pride, pride-corp-COBURG, Ore.
Also tagged corp-, deal, friday, friday-the-deal, its-assets, monaco, monaco-coach, navistar, navistar-internationalSIOUX FALLS, S.D. – (AP) Valero Energy will buy seven ethanol plants from VeraSun Energy for $477 million, the largest biofuel buyout in terms of production capacity.
Also tagged biofuel-buyout, country, energy, falls, filed-for, largest, plants-from, production-capacity-, second-largest, sioux, the-country, the-largest, valero, valero-energyTOKYO – (AP) Japan’s central bank said Tuesday it will buy stock holdings worth billions of dollars from financial institutions, whose bottom lines are being drained by heavy equity losses.
Also tagged being-drained, dollars-from, financial-institutions, heavy-equity, japan, lines-are, stock-holdings, tokyo, tuesday, tuesday-it-will, worth-billionsWASHINGTON – (AP) The Federal Reserve said Tuesday it will buy up to $600 billion in mortgage-backed assets in another attempt to deal with the financial crisis. The Fed said it will purchase up to $100 billion in direct obligations from mor
Also tagged 100-billion, 600-billion, another-attempt, deal-with, direct-obligations, federal, federal-reserve, financial, from-mor, said-it-will, tuesday, tuesday-it-will, will-purchase, with-the-financial