Burger King and Tim Hortons owner to buy Popeyes for $1.8 billion
Restaurant Brands International Inc , owner of the Burger King and Tim Hortons fast-food chains, said on Tuesday it would acquire Popeyes Louisiana Kitchen for $1.8 billion in cash.
TORONTO Nexen Inc NXY.TO and China's CNOOC Ltd (0883.HK) said they have mutually agreed to extend the closing date of CNOOC's takeover of the Canadian oil and gas producer by 30 days to March 2, 2013.
Nexen said in a statement it would also postpone the release of its 2012 fourth quarter financial results. It did not give a date for the release of the results.
CNOOC Ltd said in late December that it expects its $15.1 billion takeover of Nexen to close in the first quarter of 2013 at the earliest, a move that could be related to giving U.S. regulators more time to approve a sensitive aspect of the deal.
The company is still awaiting U.S. approval over its purchase of Nexen assets in the Gulf of Mexico after Canadian officials approved the deal last year.
(Reporting By Russ Blinch; Editing by Richard Pullin)
Oil company Saudi Aramco [IPO-ARMO.SE] has selected JPMorgan Chase & Co, Morgan Stanley, and HSBC Holdings Plc as lead underwriters for its planned initial public share offering, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
Billionaire investor Carl Icahn has taken a stake in Bristol-Myers Squibb Co and sees the drugmaker as a possible takeover target, according to a report published on Tuesday that sent the company's shares from a loss to more than 2 percent higher.