Under the terms of the deal, CLH will acquire Inter Pipeline’s 15 storage terminals in the United Kingdom, Ireland, Netherlands and Germany, which have about 18 million barrels worth of storage capacity.
A sharp recovery in health-care dealmaking will quicken as large pharmaceutical companies chase new treatments through acquisitions, according to one of Lazard Ltd.’s senior investment bankers covering the sector.
Sales of previously owned U.S. homes remained brisk in August as low mortgage rates and demand for space in the suburbs sustained strength in a housing market that’s a bright spot for the economy.
One group of equity skeptics who faded out of view during the summer rally are making a comeback with the S&P 500 heading for its worst September in almost a decade.
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