Shell Is selling InterGen Unit to investor duo for $1.75 billion

Article Abstract:

Royal Dutch Shell Group is divesting InterGen N.V. to American International Group Inc. and Ontario Teachers' Pension Plan for $1.75 billion. The deal highlights two trends in business, petroleum companies divesting of noncore assets to concentrate on developing new oil fields with payouts to investors and the emergence of private equity companies as big market players.

Electric Utilities, Electric Power Generation, Transmission and Distribution, Electric services, INSURANCE CARRIERS, Insurance industry, American International Group Inc., AIG, Ontario Teachers' Pension Plan, InterGen

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Clayton Group is likely winner of Hertz auction

Article Abstract:

Ford Motor Co. of the United States is divesting the Hertz Corp. of the United States and the winning bid is likely to be the Clayton Dubilier group of investment firms. The acquisition is valued at approximately $5.5 billion to $6 billion.

Misc. Equipment Rental & Leasing, Lease and rental services industry, Lease and rental services, Company Profile, Hertz Corp., HRZ

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Constellation announces a deal for Canadian winemaker Vincor

Article Abstract:

Constellation Brands Inc. of the United States is to acquire Vincor International Inc. of Canada for approximately $1.27 billion ($1.09 billion United States). Shareprice for purchase of the winery is $36.50 per share.

Wine industry, Wineries, Vincor International Inc., Constellation Brands Inc., Company overview, STZ

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