Tag Archives: billion
IMF approves $1.3 billion loan for Cyrpus
WASHINGTON, D.C. (BNO NEWS) — The International Monetary Fund (IMF) on Wednesday approved a three-year $ 1.3 billion (1 billion euro) loan to Cyprus, part of a larger international bailout… Read more
DISH launches $25.5 billion merger proposal to Spring Nextel
ENGLEWOOD, COLORADO (BNO NEWS) — DISH Network Corporation on Monday announced that it has submitted a merger proposal to Sprint Nextel Corporation for a total of $ 25.5 billion. The… Read more
European Union needs $20.7 billion to avoid insolvency this year
BRUSSELS, BELGIUM (BNO NEWS) — The European Union’s executive arm on Wednesday said it needs 11.2 billion euros ($ 14.4 billion) in additional funding from member states to pay outstanding… Read more
Office Depot acquires OfficeMax in $1.2 billion deal
BOCA RATON, FLORIDA (BNO NEWS) — Office Depot, Inc. has agreed to acquire OfficeMax Incorporated on Wednesday for approximately $ 1.2 billion, the companies announced. The deal was unanimously approved… Read more
U.S. Justice Department challenges Anheuser-Busch’s $20.1 billion acquisition of Modelo
WASHINGTON (BNO NEWS) — The Department of Justice (DoJ) on Monday challenged Anheuser-Busch InBev’s (ABI) proposed acquisition of total ownership and control of Grupo Modelo in order to maintain competition… Read more
UPS withdraws $7 billion bid for TNT Express
ATLANTA, GEORGIA (BNO NEWS) — Package delivery company giant United Parcel Service, Inc. (UPS) on Monday announced that it will be withdrawing its €5.2 billion ($ 7.0 billion) bid to… Read more
UN fund pays a further $1.09 billion to victims of Kuwait invasion
GENEVA, SWITZERLAND (BNO NEWS) — A United Nations (UN) commission on Thursday announced it will disburse a further $ 1.09 billion to five successful claimants who suffered losses because of… Read more
Canada’s Nexen oil company shareholders approve Chinese takeover for $15.1 billion
CALGARY, CANADA (BNO NEWS) — Canadian oil and gas company, Nexen Inc., on Thursday announced that its shareholders have approved the proposed takeover by China National Offshore Oil Company (CNOOC)…. Read more
Airbus wins $7 billion order from Philippine Airlines
MANILA, PHILIPPINES (BNO NEWS) — European aircraft manufacturer Airbus on Tuesday secured a $ 7 billion order from Philippine Airlines (PAL), beating American rival Boeing as they continue their global… Read more
Anheuser-Busch acquires Grupo Modelo for $20.1 billion
MEXICO CITY (BNO NEWS) — Belgium’s Anheuser-Busch InBev has agreed to acquire Mexico’s Grupo Modelo, the parent company of Corona beer, for approximately $ 20.1 billion, both companies announced on… Read more
