Access Industries, Inc. is an industrial conglomerate that operates in natural resources and chemicals, media and telecommunications, technology and e-commerce, and real estate sectors worldwide. It manufactures cement and paper products; provides logistics services; retails fashion products; develops drugs; produces domestic oil and natural gas, as well as polymers, petrochemicals, and fuels; operates conversion refineries; produces aluminum; engages in the production, financing, sale, and distribution of films; provides mobile broadband Internet access, VoIP telephony, and machine-to-machine solutions for consumers and businesses; and produces television series.
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Calpine announced that it has entered into an agreement to be acquired by an Energy Capital Partners and a consortium of investors for $15.25/share in cash, equating to a total purchase price of $5.6 billion. The consortium is led by Access Industries and Canada Pension Plan Investment Board, among others.