Associated British Ports, the UK's biggest port operator, will see new owners docking after a third of the business was sold for �1.6bn to Hermes and Canada's Pension Plan Investment Board.
LONDON (ShareCast) - Citigroup (NYSE: C - news) said it sees no clear rationale for Antofagasta (Other OTC: ANFGF - news) in its denied merger with Canadian mining peer Teck Resources, saying that it is unlikely that the UK group is 'in play' in M&A terms.
Former foreign affairs minister John Baird is in line for another lucrative job with a blue-chip company, having been nominated to sit on the board of Canadian Pacific.
America's second biggest discount-store operator Target Corp. (TGT: Quote) is now expected to exit its money-losing Canadian operations nearly a month ahead of schedule.
A general view of the the interior of the McDonald's fast food restaurant in Wolfratshausen south of Munich in this June 27, 2007 file photo.