Direct Energy to Buy Bounce Energy
Direct Energy had agreed to take over retail electricity provider Bounce Energy Inc for USD46m (EUR35.2m) in cash plus additional working capital. Purchase price is US $575 per residential customer.
2013 Capital Markets Mid-Year Report by Torys
The 2013 Capital Markets Mid-Year Report published by Torys includes a review of the Canadian high yield debt market, US capital markets, Canadian oil and gas and more.
Ten Reasons to Overweight Commodities
Some arguments from JP Morgan in support of being net long commodities.
The Value of Independent Valuation Reports When Selling a Business: Not Much
The Value of Independent Valuation Reports When Selling a Business: Not Much.
Projections Used In An Auction Process
Bullish financial projections do not attract a higher price for a business. In fact, they speak to lack of credibility of the vendor and their advisers and potentially damage the functioning of the auction.