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Canadian coffee and dough-nut chain Tim Hortons, Inc.(THI, THI.TO) will have to pay C$345 million as termination fee to Burger King Worldwide, Inc. (BKW), if the former backs out from the $11 billion merger deal, stated a Burger King regulatory filing. Meanwhile, as per the filing, Burger King has...

Green Dragon Gas Ltd. (GDG.L), a producer of CBM gas in China, Friday said it will pay $40 million as a final settlement to energy giant ConocoPhillips (COP), following which the latter would renounce all claims and awards to them within the various proceedings in multiple jurisdictions. The payment...

Monitise Plc (MONI.L) and International Business Machines Corp (IBM) announced a global digital commerce and resourcing alliance. Bringing together the best of both companies' mobile banking, payments and commerce technology, this alliance brings IBM sales and specialist resources to global clients with...

Sirius Minerals Plc (SXX.L) has reached an additional binding take or pay offtake agreement for polyhalite from the York Potash Project. The deal is with a well-established Central American-based fertilizer distributor, which also operates in Colombia. The agreement, which is structured to align with...

Ligand Pharmaceuticals Inc. (LGND) Thursday said it has signed a commercial license agreement with Avion Pharmaceuticals, LLC, for developing and commercializing four Captisol-enabled programs. As per the agreement, Ligand will receive an up-front payment, revenue from Captisol material sales, potential...

Kforce Inc. (KFRC), a provider of professional staffing services and solutions, has reached a Stock Purchase Agreement with RCM Acquisition, Inc., an affiliate of Beecken Petty O'Keefe & Co., dated August 4, 2014, to sell all of the issued and outstanding shares of capital stock of Kforce Healthcare,...

An agreement stating intent and principles for forming a new regional administration in the central part of Somalia has been signed after lengthy discussions and negotiations in the country's capital city of Mogadishu. The agreement paves the way for the establishment of an interim administration...

Tenet Healthcare Corp. (THC) and UnitedHealthcare, a UnitedHealth Group company (UNH), have concluded a new, three-year agreement providing United Healthcare's Commercial and Medicare Advantage members with in-network access to Tenet's 79 hospitals, 193 outpatient centers and over 1,800 employed physicians...

Rogers Communications Inc. (RCI.TO, RCI) and GLENTEL (GLN.TO) reported extending their multi-year agreement to offer Rogers products and services in GLENTEL's 485 retail locations across Canada, such as WIRELESSWAVE, Tbooth wireless, WIRELESS etc., Target Mobile, and more. "We're thrilled to continue...

Diversified miner Anglo American Plc (AAUKY.PK, AAL.L) reported a 48% growth in first-half total pre-tax profit to $2.945 billion, from $1.99 billion last year. Year-over-year profit for the period attributable to equity shareholders of the company surged to $1.46 billion, from $403 million. On an...

First Merchants Corp. (FRME) and Community Bancshares, Inc. (COMB) have executed a definitive deal, whereby Community Bancshares would merge with and into First Merchants, and its unit, Community Bank, would merge with and into First Merchants Bank, N.A. The merger deal provides that shareholders...

British telecom giant Vodafone Group Plc. (VOD.L, VOD) Monday said Vodafone Portugal and Portugal Telecom SGPS SA (PT) have agreed to deploy and share fibre networks reaching 900,000 homes in Portugal. The deal, effective from December 2014, runs for 25 years, and will enable both companies to provide...

Bombardier Aerospace, an unit of Bombardier, Inc. (BBD_A.TO, BBD_B.TO), announced that an existing customer, which has requested to remain unidentified at this time, has placed an additional conditional order for seven firm CS300 airliners and purchase rights for six additional CS300 aircraft. A firm...

Eli Lilly and Co. (LLY) and Immunocore Ltd. have reached a co-discovery and co-development collaboration to research and potentially develop novel T cell-based cancer therapies. By making use of Immunocore's Immune Mobilising Monoclonal T-Cell Receptor Against Cancer or ImmTAC technology, the firms...

Cisco (CSCO) announced a multi-year sales and go-to-market agreement with Microsoft Corp. (MSFT) designed to modernize data centers through the delivery and acceleration of integrated solutions. Both the firm would invest in sales, marketing and engineering resources to drive global alignment, whilst...