Both companies' boards have approved the transaction, which is slated to close in the first quarter of 2021, subject to customary conditions.
Read More »Author Archives: Jeffrey Kanige
Suez plans $640M in spending over 4 years on NJ water systems
The total includes $135 million in investments slated for 2020 for 170 projects in 68 municipalities.
Read More »NJBIZ Conversations: Kurt Vierheilig
Kurt Vierheilig, design director at DMR Architects, tells Editor Jeff Kanige how his firm designs residences that feel like home, but also allow occupants to conduct business and stay connected to their jobs.
Read More »Evonik expands catalyst business with $210M deal for Porocel
The target generated sales of about $100 million and earnings before interest, taxes, depreciation and amortization of about $23 million in 2019.
Read More »NJ biotech says one of its products shows promise as COVID-19 treatment
Bedminster-based Tyme Technologies said it joined with Massachusetts General Hospital and Weill Cornell Medical Center to design a proof of concept trial for the compound with recently diagnosed, symptomatic patients.
Read More »NJBIZ Conversations: Eve Goldberg
The founder of nonprofit BigVision discusses how businesses can help employees struggling to get sober or sustain their recovery from substance abuse.
Read More »NRG gets approval for $3.625B acquisition of Direct Energy
The buyer said it increased an existing revolving credit facility by $779 million and added a new, $258 million tranche of revolving commitments giving the company access to $3.64 billion in financing.
Read More »Freedom Mortgage-RoundPoint deal closes
The companies said the combined entity boasts a mortgage servicing rights portfolio valued at about $310 billion.
Read More »NJBIZ Conversations: Michael Pembroke
The COO of Russo Development talks about the kinds of amenities tenants are seeking these days. "It's not just, ‘hey, it's a club room, looks great, I'll use it the first day I move in,'" then never again.
Read More »NJBIZ names 2020 General Counsel of the Year winners (updated)
Five top in-house lawyers were chosen by a panel of judges from a group of 26 finalists during this year's annual event.
Read More »Supreme Court upholds Murphy’s $10B borrowing plan (updated)
But in a 57-page opinion written by Chief Justice Stuart Rabner, the Court imposed some limitations on the borrowing authority.
Read More »NJBIZ Conversations: Tammy Murphy
The state's First Lady, and founding chair of the New Jersey Pandemic Relief Fund, talks about the organization's work with the business community.
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