China-based polysilicon maker Daqo New Energy has almost doubled its annual production capacity from 6,200 tonnes to 12,000 tonnes in an expansion project totaling US$22 million, and will invest another US$59 million to further expand ...
Tags: Polysilicon, Metallurgy, Mineral
The board of Spanish olive oil bottler Deoleo has agreed to takeover offer made by UK private investor CVC Capital Partners. CVC would initially buy 29.99% stake from Spanish banks, valuing the company at €438.8m. As part of the ...
Tags: CVC Capital, Deoleo Board
With approval of the Supervisory Board of the company, the Management Board of FAST Casualwear AG has resolved on carrying out a second capital increase in the current financial year. The capital increase will be carried out against ...
Tags: Casualwear, footwear, apparel
Notebook and server ODM Inventec on December 24 decided to add an investment of NT$470 million (US$15.7 million) in Inventec Energy, a Taiwan-based PV module maker, raising its stake ratio from 26% currently to 47.78% and making it a ...
Tags: Notebook, server ODM Inventec
Fiber-based materials provider Ahlstrom has announced the demerger of its label and processing business in Brazil in order to integrate it with Munksj. As part of the move, 12,291,991 new shares in Munksj? Oyj were offered under the ...
Tags: Ahlstrom, Label and Processing, Brazilian
German steelmaker ThyssenKrupp has announced that it has raised €882.3 million through a capital increase corresponding to 10 percent of capital stock, selling 51.5 million new shares at €17.15 per share. This capital measure ...
Tags: Thyssenkrupp, Capital Increase
Sumitomo Life Insurance of Japan has reached an agreement to acquire 40% stake in PT Bank Negara Indonesia's life insurance business for nearly JPY36.2bn ($354m). Sumitomo Life said in a statement that the partnership with BNI and BNI ...
Tags: Service
Titan Petrochemicals Group Limited announced key indicative terms of a new debt restructuring proposal for further discussion with creditors and other relevant parties. A creditors' meeting will be held for obtaining indicative consent on ...
German automaker Daimler has acquired a 12% stake in its Chinese partner BAIC Motor, the passenger car unit of Beijing Automotive Group (BAIC Group). This transaction marks the first investment by a non-Chinese automotive company in a ...
Tags: Daimler, Chinese BAIC Motor
Petrobras, in compliance with the provision set forth in CVM Instruction 358/02, announces that its Board of Directors, in a meeting held today, has approved the following merger proposals, which will be voted by shareholders in a Special ...
CTBC Financial, the parent company of Chinatrust Commercial Bank, has announced plans to acquire the local insurance firm Taiwan Life in a TWD26.6bn ($904m) deal. As per the terms of the agreement, CTBC will take over the insurance firm ...
Tags: Insurance, CTBC Financial
Shunfeng Photovoltaic International, a China-based maker of solar-grade crystalline silicon wafers, cells and PV modules, has reportedly obtained permission from China's authorities to acquire Suntech Power (Wuxi), the flagship subsidiary ...
TOM TAILOR GROUP successfully carried out its capital increase, which was announced previously. The Company issued the new shares as part of an accelerated bookbuilding and generated gross proceeds of about EUR 29.5 million. The shares ...
Tags: Tom Tailor, Apparel
For third-quarter 2013, deposition equipment maker Aixtron SE of Aachen, Germany has reported revenue of €46.2m, down 26% on €62.2m a year ago but up slightly on €45.3m last quarter. In spite of the lower percentage of ...
Tags: Aixtron MOCVD, Electrical, Electronics
Metso Corporation’s Extraordinary General Meeting (EGM) held in Helsinki, October 1, 2013, approved the Board of Directors’ proposed plan for partial demerger and decided to demerge Metso into two companies. Metso’s Pulp, ...