With approval from the Canadian government granted on Friday, China National Offshore Oil Corp. has crossed the biggest hurdle to its $15.1 billion takeover bid for Nexen and the deal should close by the end of the year, analysts said in ...
Tags: Cnooc Nexen, LNG export facility, Oil
Dongfeng Automobile Co Ltd has announced its auto sales for November 2012 reach 17,259 units, reflecting a YoY decrease of 37.29%. In a statement filed with Shanghai Stock Exchange, the automaker saw its auto output decline 36.0% from a ...
Tags: Dongfeng Automobile, auto sales, decrease, automaker, Automobile, engine
Norwegian seafood group Marine Harvest is to make a bid to buy 100% of salmon processor Morpol. Marine Harvest today (17 December) announced it had struck a deal to acquire 48.5% of Morpol for NOK937.6m (US$167m) and said it would launch ...
Tags: Marine Harvest, Salmon Firm Morpol, Norwegian seafood group, Food
An increase in the share price of software firm Sage this week has led to further speculation that the company is an imminent takeover target. Rumours about the likes of IBM and Microsoft circling the firm were rife all summer. ...
Inmet Mining Corporation which last month rejected USD 4.9 billion takeover bid from a Canadian rival has announced 27% increase in reserves at its massive Cobre Panama copper project in Central America. The Toronto based miner said that ...
Tags: Inmet Mining Corporation, Mineral, Cobre Panama copper project
Homann Holzwerkstoffe, which was created on 15 November 2012 after changing its name from HW Industries GmbH, has raked in €50m from a corporate bond. The subscription period was originally supposed to run from 3 to 12 December, but ...
Tags: Homann Holzwerkstoffe, HW Industries GmbH, bonds, company news
The News reported that the board of Pakistan Petroleum Limited has sought explanation from its chief financial officer after the Securities and Exchange Commission of Pakistan unearthed insider trading by Pakistan Petroleum Provident Fund ...
Dialight plc ("Dialight") announces that its US subsidiary, Dialight Corporation, has completed the acquisition of the assets of Airinet Inc ("Airinet"), a lighting controls company, for upfront consideration of $2.6m with additional sums ...
Tags: Dialight plc, LED, acquisition
Repairing exterior moisture seals with easy-to-use kits helps extend windshield life ORLANDO,Fla.,Oct.29,2012-PPG Industries'(NYSE:PPG)aerospace transparencies group is introducing kits for repairing exterior moisture seals,or hump ...
Tags: PPG industries, Inc.orlando, Fla.
The Saudi stock exchange s cement index climbed almost 6% yesterday to smash the 4,000 mark for the first time in almost seven months, with some suppliers making the biggest gains of the year. The measure for the companies selling the ...
Tags: Cement, Yamamah Cement, Qassim Cement, Yanbu Cement
Hudson’s Bay Company announced a total donation of $360,000 in monetary fund’s and product to support those impacted by Hurricane Sandy, including the 35 Lord & Taylor Associates who lost their own homes and /or major ...
PPG Industries announced that it has entered into a technology license agreement with China-based Henan Billions Chemicals Joint Stock Co., Ltd., that will provide Henan Billions the right to use PPG’s technology for the manufacture ...
Onteco Corporation, had received 2,037,948 shares of common stock of a publicly-traded company currently listed on the Frankfurt Stock Exchange. The stock is presently valued at $2.9 million U.S. dollars and is part of the payment due ...
Tags: Onteco Corporation, America, LED, stock
Marketwire reported that Russian aluminum producer United Co Rusal PLC along with billionaire Vladimir Potanin, agreed to sell their shares in Norilsk Nickel to tycoon Roman Abramovich for USD 1.49 billion. The latest announcement marks a ...
Tags: aluminum, Metallurgy
vanguardngr reported that Ajaokuta Steel Company was a big dream, and Mr Noel Onoja remembers with nostalgia the splendor of the complex, and the dream that it had the potential to place the country on the path of international industrial ...
Tags: steel, Metallurgy