Warburg Pincus LLC, the private- equity firm that helped discover Ghana’s largest oilfield, plans to raise its first fund that is dedicated to global energy investments, according to two people familiar with the matter.
A government agency in Canada, the world’s second-largest wheat exporter, may use satellite images to estimate production for a harvest-season report rather than surveying thousands of farmers by telephone.
Activist investors from Carl Icahn to Daniel Loeb and Bill Ackman are ratcheting up their campaigns, increasingly targeting America’s biggest companies and seeking the ouster of chief executive officers.
Honda Motor Co., the first Japanese automaker to build cars in the U.S., is consolidating corporate operations for North America in Ohio and setting up a regional support services unit there to boost efficiency.
Starboard Value LP, an investor in Smithfield Foods Inc., approached buyout firms and meat processors to encourage them to form a bidding group to derail a Chinese takeover, said two people familiar with the process.
Office Depot Inc. agreed to buy OfficeMax Inc. for $1.17 billion in a bid to revive a retailer that’s been losing sales to online rivals and Staples Inc., the largest U.S. office-supplies chain. The shares of both companies fell, with Office Depot dropping the most since April 2010.