Valero's Texas-size refining bet
Article Abstract:
Valero Energy Corp. is to acquire Premcor Inc. for $6.9 billion. Valero Energy Corp., the petroleum refinery company, returned 380 percent to its shareholders between 2000 to 2004. News of the acquisition has both stocks increasing, Valero Energy Corp. up 83 cents to $75.87 and Premcor Inc. up $10.70 to $69.70, although an analyst at Deutsche Bank says the deal financing is overvalued.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
User Contributions:
Comment about this article or add new information about this topic:
Silver Lake Partners plans sale or public offering of Instinet
Article Abstract:
Silver Lake Partners of the United States, a private-equity firm is planning to sell or take public Instinet Group Inc. also of the United States. The electronic stockbroker was acquired less than one year ago.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
User Contributions:
Comment about this article or add new information about this topic:
London Stock Exchange suffers from lack of brand recognition
Article Abstract:
The London Stock Exchange PLC with low profile and lack of brand recognition, has fended off an acquisition attempt from Deutsche Borse AG.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2004
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Europe's banks find bold moves lead to outcry. Stage gets set for Italy's banks to consolidate
- Abstracts: Beatles' record label wants Apple to change logo on iTunes product. Dell and H-P cloud EU Microsoft order
- Abstracts: Rising oil prices bring boon to many sectors. SEC requests accounting data from oil firms. Exxon's pile of cash keeps growing, adding fuel to the ire over oil prices
- Abstracts: Wolseley enters Scandinavia by buying DT Group. London hedge fund turns to Asia: others have found region fertile ground; two deals for RAB
- Abstracts: Partners in creativity. Lose the fat guy. Taligate time