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Resolute Resolves to Submit Takeover Offer of Fibrek
Posted on November 29th, 2011 No commentsResolute Forest Products (formerly AbitibiBowater), has announced plans to make an unsolicited offer to acquire the Quebec-based paper company Fibrek Inc.
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Private Equity Firm Acquiring Metallum Holding
Posted on April 13th, 2011 No commentsThe private equity firm First Reserve Corp. has reached an agreement to acquire the assets of Metallum Holdings S.A., a Europe-based metal refining and recycling company.
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Private Equity Firm Acquiring Metallum Holding -
International Paper Takes Large Stake in India Paper Company
Posted on March 30th, 2011 No commentsInternational Paper (IP) has entered into an agreement with L.N.
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International Paper Takes Large Stake in India Paper Company -
AERT Restructures Debt
Posted on March 22nd, 2011 No commentsAdvanced Environmental Recycling Technologies Inc. (AERT), a manufacturer of plastic/wood composite products, has announced that the company and an affiliate of the private equity firm H.I.G. Capital LLC have consummated a plan to restructure and reduce AERT’s existing debt, infuse new capital into the business and strengthen its balance sheet.
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AERT Restructures Debt -
Cascades Selling its Dopaco Converting Business
Posted on March 14th, 2011 No commentsCascades Inc., Kingsey Falls, Quebec, has entered into an agreement to sell its Dopaco Inc.
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DAK Americas Proceeds with Acquisition
Posted on January 20th, 2011 No commentsDAK Americas LLC , based
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Retrievex Continues Expansion
Posted on January 19th, 2011 No commentsRetrievex Inc., records and information management (RIM) services provider based in Conshohocken, Pa., has acquired RIM Solutions LLC, Henderson, Nev., a provider of RIM services in the Las Vegas market. This transaction represents the company’s entrance into the West and gives Retrievex a truly nationwide presence, according to the company. Now extending beyond its three-city Midwest region established in 2010, including Cincinnati; Evansville, Ind.; and Omaha, Neb., Retrievex serves clients throughout New England; the New York metropolitan area, including northern and central New Jersey, Philadelphia and southern New Jersey and Delaware; as well as Northern Virginia and Washington, D.C.
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Retrievex Continues Expansion -
Rio Tinto Sells Majority Stake in Alcan Engineered Products
Posted on January 10th, 2011 No commentsThe mining firm Rio Tinto, based in the United Kingdom, has completed its divestment of 61 percent of Alcan Engineered Products (AEP), Montreal, to certain investment funds affiliated with Apollo Global Management LLC, based in New York City, and the Fonds Strat
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A Breakthrough In The Contactless Payment Chicken-and-Egg Dance?
Posted on September 14th, 2010 No commentsContactless payments have been stuck in a chicken-and-egg loop for years: Customers don't use contactless payment cards or NFC-equipped smartphones, so retailers don't see the need to install equipment and promote its use. And without lots of their favorite retailers deploying contactless, consumers have no reason to take it seriously. But on August 31, Cimbal launched a contactless payment system that may finally crack that hardware dilemma—and it may reduce the PCI risk associated with those mobile payments by keeping that data out of retail files.
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A Breakthrough In The Contactless Payment Chicken-and-Egg Dance? -
Lax security leaves card data en route to banks vulnerable
Posted on June 22nd, 2009 No commentsEVERY TIME a shopper runs a credit card through a reader and waits for the transaction to be approved, sensitive information including name and account number is ferried from store to bank through computer networks, each step a potential opening for hackers.
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Lax security leaves card data en route to banks vulnerable
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