Entries by MT Newswires

Unilever Sells Spreads Brands to KKR in 6.83 Billion-Euro Deal

12:58 PM, Dec 15, 2017 — Unilever (UN) is selling its group of spreads including Becel margarine and I Can’t Believe It’s Not Butter to KKR (KKR) for 6.83 billion euros ($8 billion) as part of the plan by the global consumer goods giant to reshape its portfolio of brands. KKR, a New York-based acquisitions […]

CFTC Warns of Volatility as Markets Plan Bitcoin Futures Trading

11:00 AM, Dec 1, 2017 — The Commodity Futures Trading Commission warned about uncertainties around Bitcoin as the CBOE Futures Exchange and Chicago Mercantile Exchange self-certified new contracts for futures products of the virtual currency on Friday. “Market participants should take note that the relatively nascent underlying cash markets and exchanges for Bitcoin remain largely […]

TransCanada Gets Nebraska Approval for Keystone XL on Alternative Route

12:57 PM, Nov 20, 2017 — TransCanada’s (TRP) Keystone XL pipeline received approval from regulators in Nebraska, but the okay was given to an alternate route rather than the course preferred by the Canadian energy company. The Nebraska Public Service Commission said it approved the alternative mainline route, one of three paths proposed by TransCanada […]