Encana Corp., Canada’s largest natural gas producer which is seeking to boost investor returns by shifting to oil, said it will sell its Jonah field operations in Wyoming to private-equity fund TPG Capital for $1.8 billion.
Royal Bank of Canada officials’ conflicts of interest tainted a $438 million buyout of Rural/Metro Corp. and the national ambulance service’s former investors deserved more for their shares, a judge ruled.
Wind Point Partners LP is near an agreement to sell snack maker Hearthside Food Solutions LLC to Goldman Sachs Group Inc.’s private-equity arm and Vestar Capital Partners Inc. for about $1.1 billion, people with knowledge of the matter said.
Del Monte Pacific Ltd., the Philippines-based pineapple, tomato and fruit juices company, agreed to buy the consumer food business of closely held U.S. foodmaker Del Monte Foods Co. for $1.68 billion to expand in the world’s biggest economy.
Procter & Gamble Co. Chief Executive Officer A.G. Lafley, under pressure to revive the consumer- products giant, may have a willing buyer for its Iams pet-food unit in Meow Mix maker Del Monte Foods Co.