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Huntsman and Clariant to Combine in Merger of Equals
Merger of equals to create a leading global specialty chemical company with approximately $20 billion enterprise value at announcement More than $3.5 billion value creation through annual cost synergies in excess of $400 million Enhanced returns from improved growth profile in highly attractive end markets and key geographies such as the United States and China […]
Lowe’s Announces Agreement to Acquire Maintenance Supply Headquarters
MOORESVILLE, N.C., May 18, 2017 – Lowe’s Companies, Inc. (NYSE: LOW) today announced it has entered into a definitive agreement to acquire Maintenance Supply Headquarters, a leading distributor of maintenance, repair and operations (MRO) products to the multifamily housing industry, for a total transaction value of $512 million. Based in Houston, Texas, Maintenance Supply Headquarters […]
ExxonMobil Announces Positive Muruk-1 Sidetrack Well Results
IRVING, Texas – May 15, 2017–(BUSINESS WIRE)–Exxon Mobil Corporation (NYSE:XOM) today announced positive results on the Muruk-1 sidetrack well in the Papua New Guinea North Highlands, 13 miles (21 kilometers) northwest of the Hides gas field. The Muruk-1 sidetrack well encountered high-quality sandstone reservoirs southwest of the Muruk-1 natural gas discovery announced in late 2016. […]
BP Angola enhances support for Benguela agribusiness project
12 May 2017 – A delegation from BP Angola today visited the Greater Plutonio agribusiness project in Benguela province to reaffirm its commitment to the important economic development program for local stakeholders. The third phase of the project, implemented by a local NGO ADRA, focuses on improving the productivity and commercialization capability of the cooperatives […]