JPMorgan Chase & Co. Vice Chairman Jimmy Lee sees “more very large transactions” including mergers and acquisitions, leveraged buyouts and activist activity as capital costs stay low and investors pursue growth.
A plan for an undersea power cable to connect the British and Icelandic grids is attracting “strong” investor interest, Charles Hendry, a U.K. lawmaker and former energy minister who promoted the project, said today in London.
Barrick Gold Corp. has explored cash-raising options ranging from a strategic equity investment to a sale of part of its copper business during a months-long effort to cut debt, said people with knowledge of the matter.
Oracle Corp. Chief Executive Officer Larry Ellison plans to build one to power the Hawaiian island he bought last year. EBay Inc. has one to run a data center. The University of California at San Diego and the federal government have invested tens of millions of dollars in the technology.
Options Clearing Corp., the Chicago-based clearinghouse for U.S. stock options, plans to register in Europe to help lower capital requirements for firms based there who want to trade American equity derivatives.
Buckeye Partners LP , the U.S. pipeline operator that traces its roots to John D. Rockefeller ’s Standard Oil Co., agreed to buy the owner of its general partner for about $1.14 billion to cut distribution and capital costs.