June 5 Natural gas and electricity retailer Just Energy Group Inc said it would sell its water heater and heating ventilation and air conditioning home services business to Reliance Comfort Ltd Partnership for $505 million.
The purchase price includes a debt of $273 million. (Reporting by Sneha Banerjee in Bangalore; Editing by Kirti Pandey)
Texas businessman Wyly strikes $198 million deal with SEC
NEW YORK, Oct 1 Texas businessman Sam Wyly has agreed to pay $198.1 million to resolve claims by U.S. securities regulators that he engaged in a long-running securities fraud to hide trades in companies he controlled using offshore trusts, according to a court filing.
BAE Systems to begin building new British nuclear submarines
LONDON, Oct 1 Britain's ministry of defence said on Saturday that construction work will begin on the country's new nuclear submarines, announcing nearly 1.3 billion pounds ($1.7 billion) of new investment with defence firm BAE Systems .