Pengrowth Energy to sell Bodo property in Alberta for $95M
Proceeds from sale will be used to reduce Pengrowth’s debt.
Penn West to sell properties in central Alberta for $192.5M
Proceeds will be used to pay down debt.
Celestica says it has deal to sell property in Toronto for $137M
Sale includes corporate headquarters and manufacturing operations.
Bombardier railway division not for sale, chairman says
Analysts pegged the value of a possible merger, spinoff or sale at about US$5 billion.
Calgary’s Equal Energy to be acquired by Petroflow in US$230M deal
Equal holds a portfolio of oil and gas properties in Oklahoma.
Sigma Industries sells metal products division for $2 million
Conditional agreement includes inventory, property, plant and equipment.
Anderson Energy selling oil and gas properties for $82 million, stock jumps
Proceeds from the transaction will be used to repay bank debt and investigate other strategic alternatives.
Expect a flurry of ‘for sale’ signs throughout oilpatch: Ernst & Young
Report suggests a growing number of Canadian oil companies are shedding assets in Alberta’s oil patch.
Enerplus sells Manitoba oil assets for $220 million
Crude assets in Virden/Daly region produce 1,600 barrels of oil per day.
Fairborne Energy sells natural gas assets for $189 million
Oil and gas producer will use proceeds of sale to pay down debt.
Catalyst Paper sells Elk Falls site for $8.6M
Buyer says acquisition will create 400 jobs.
BP asking up to $7.9 billion for Gulf of Mexico oilfields: report
Oil giant says it intends to remain largest producer in the Gulf.
Troubled Sino-Forest set for restructuring
Chinese forestry company says outstanding notes will be sold to a third party.
Marketing: Don’t sell yourself short
If your salespeople focus strictly on prospects ready to buy within 90 days you’re missing out on 66% to 78% of the total selling opportunities.