ICG Commerce gets Sunoco deal

Article Abstract:

ICG Commerce (Jenkintown, PA) has reached an agreement to manage $1.4 billion in yearly purchasing for Sunoco Inc. (Philadelphia, PA).

Author: Hill, Miriam
Use of services, New orders received, Oil Products, Petroleum Refineries, Petroleum refining, Petroleum products, Sunoco Inc., SUN, ICG Commerce

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ICG sets deal to expand market

Article Abstract:

Internet Capital Group (Wayne, PA) will partner with Hong Kong-based Hutchison Whampoa Ltd. to develop ICG AsiaWorks, an investment company that would acquire Internet ventures in Asia.

Author: Hill, Miriam
Diversified Companies, Joint ventures, Organizational history, Venture Capital Companies, Miscellaneous Intermediation, Hong Kong, Investors, not elsewhere classified, Investment Offices, Hutchison Whampoa Ltd., Internet Capital Group Inc., ICG AsiaWorks

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A Wayne Internet firm cashes in again

Article Abstract:

Wayne, Penn.-based Internet Capital Group Inc., which issued an initial public offering four months ago to earn $178.8 million, has announced a second public offering that was valued at $1.26 billion. ICG, which is a business-to-business e-commerce firm, will use the funds to buy other e-commerce companies.

Author: Hill, Miriam
Securities issued, listed, Internet Capital Group

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Subjects list: United States, Pennsylvania, Investment companies
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