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DALLAS: Energy Transfer Equity LP has agreed to pay a revised US$5.1 billion for pipeline company Southern Union Co., increasing its offer in an effort to trump rival bidder Williams Cos. Inc.
ATLANTIC CITY, New Jersey: New Jersey casino regulators approved the sale of Trump Marina Hotel Casino on Monday to the owners of the Golden Nugget casinos in Nevada for $38 million - about a tenth of what the property was expected to fetch just three years ago.
OMAHA: Warren Buffett believes his reputation is intact, the US economy needs more jobs and that Donald Trump is not going to be the next president.
AFTER months of speculation on who will bag Khazanah Nasional Bhd's 32% stake in Pos Malaysia Bhd, it was finally revealed that Tan Sri Syed Mokhtar Albukhary-controlled DRB-HICOM Bhd has emerged victor. Now what's in focus is what DRB-HICOM plans to do with the country's postal services company.
FRANKFURT: Deutsche Boerse won't make a decision on a higher bid for NYSE Euronext until the US exchange's board reacts to last week's counter-offer from Nasdaq and IntercontinentalExchange, sources said.