Navigate this market better. Subscribe for FREE stock alerts and information.

Monday, January 14, 2013

Deals of the day -- mergers and acquisitions, (NYSE: UPS), (TSE: UUU.TO)

The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Monday: ** United Parcel Service Inc said it would drop its 5.2 billion euro ($7 billion) bid for TNT Express on the expectation of a European Commission veto, halving the value of the Dutch delivery firm as its shares plunged in response.** Uranium One Inc, Canada's No.2 uranium producer, said it has entered into an agreement with Russia's JSC Atomredmetzoloto and its affiliate, Effective Energy N.V., collectively termed ARMZ, to go private in a deal that values the company at C$2.74 billion ($2.79 billion).

United Parcel Service, Inc. (UPS) is a package delivery company that operates in the United States less-than-truckload industry, and the provider of global supply chain management solutions. Shares of UPS remained unchanged at $77.92. In the past year, the shares have traded as low as $69.56 and as high as $81.79. On average, 3525420 shares of UPS exchange hands on a given day and today's volume is recorded at 0.

Uranium One Inc., (Uranium One) along with its subsidiaries, is engaged in the acquisition, exploration and development of properties for the production of uranium in Kazakhstan, the United States, Tanzania and Australia. Shares of UUU remained unchanged at $2.41. In the past year, the shares have traded as low as $1.78 and as high as $3.45. On average, 5632920 shares of UUU.TO exchange hands on a given day and today's volume is recorded at 1540368.



Source