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TAGGED : business

Baton Rouge company set to acquire Entergy gas distribution business

NEW ORLEANS (AP) — Utility giant Entergy's plans to sell its gas distribution business is moving forward under a $484 million cash deal with Bernhard Capital Partners, a Baton Rouge-based private equity management firm.The two companies announced the pending deal on Monday.Entergy will spin ...

Grupo Simec: Q3 Earnings Snapshot

GUADALAJARA, Mexico (AP) — GUADALAJARA, Mexico (AP) — Grupo Simec SAB de CV (SIM) on Monday reported net income of $105.6 million in its third quarter.On a per-share basis, the Guadalajara, Mexico-based company said it had net income of 64 cents.The steel producer posted revenue of $554.2 ...