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Archive for November, 2007

Gasunie strengthens position through acquisition of north-German gas transport network

Friday, November 23rd, 2007

Gas infrastructure company Gasunie has successfully completed negotiations to purchase the gas transport division of the north-German company BEB Erdgas und Erdöl GmbH (BEB). This transport division was jointly owned by Shell Verwaltungsgesellschaft für Erdgasbeteiligungen and ExxonMobil Central Europe Holding GmbH. BEB’s high-quality gas transport network adjoins the Gasunie grid and reaches as far as […]

Grupo Elektra Introduces FAW Automobiles in Mexico

Friday, November 23rd, 2007

Grupo Elektra S.A. de
C.V. (BMV: ELEKTRA*; Latibex: XEKT), Latin America’s leading specialty
retailer, consumer finance and banking services company, announced that it
will introduce “FAW” automobiles into the Mexican market — with state of
the art technology, and top safety and emission control standards –
oriented to new customers in the marketplace in the first quarter of 2008.
[…]

Rising Repossession Rate strikes Fear amongst UK Homeowners

Friday, November 23rd, 2007

UK homeowners face a hard time ahead. Rate hikes are finally starting to hurt and push many homeowners to the brink of financial ruin. Consequently, repossession rates in the UK have been steadily rising. Yet, repossessions are often avoidable and according to HyperSaver, a UK based property company, it is possibly to stop the repossession […]

IKON Announces Plan to Repurchase $500 Million of Common Stock

Wednesday, November 21st, 2007

IKON Office Solutions (NYSE:IKN), the world’s largest independent channel for document management systems and services, today announced that its Board of Directors has approved the repurchase of $500 million of its common stock. IKON intends to repurchase up to $295 million of its common stock through a modified “Dutch Auction” self-tender offer at a price […]

Acuity Growth & Income Trust

Tuesday, November 20th, 2007

Acuity Funds Ltd. (”Acuity”), as manager,
announced today further details of a special meeting of unitholders, on
December 13, 2007, of Acuity Growth & Income Trust (the “Fund”) (TSX: AIG.UN)
whereby unitholders will be asked to consider and approve amendments to the
Declaration of Trust of the Fund, including changing the permitted ranges of
the securities in which the Fund […]