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BP, ProSight and Carlyle Group Make Key Acquisitions

As the economy begins to gain some traction, we are starting to see more M&A activity. This is a good sign as it shows credit markets are thawing.

Today, we saw three key acquisition announcements.

BP (BP) is making a move to try and polish up its tarnished reputation by going green. BP announced it will be buying Verenium Corporation's (VRNM) cellulosic biofuels business-- fuels made from grasses, canes, softwoods and other biomass -- including the company's facilities in Jennings, LA and San Diego, CA for $98.3 million.

Continue reading BP, ProSight and Carlyle Group Make Key Acquisitions

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Last updated: May 29, 2012: 12:40 AM

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