The Deal, TheStreet's (TST) institutional business, announced the winners of the sixth annual Most Admired Corporate Dealmaker (MACD) Awards, which recognize the best corporate dealmaking teams at acquisitive, large-cap U.S. companies in ...
Tags: Most Admired Corporate Dealmaker Awards, United Technologies Corp.
Amsterdam-based financial services conglomerate ING has agreed to dispose of its 11.3% direct stake in Sul América, to Swiss Re Group, as part of its plans to further shrink its stake in the Brazilian insurer. As per the terms ...
UK-based life and general insurer Aviva has embarked on a conditional agreement to divest its entire 39% stake in Eurovita Assicurazioni, to New York-based private equity firm JC Flowers, in a cash transaction valued at approximately ...
Tags: Aviva Agrees, Insurer
Japanese carmaker Toyota Motor will reportedly discontinue assembling Camry at Subaru Indiana Automotive’s (SIA) plant in the US, from 2017. The factory in Lafayette, Indiana, assembles 100,000 Camry cars annually, in addition to ...
Rio Tinto (RIO.AX)(RIO.L) is set to submit a mine plan to U.S. authorities this week for its $6 billion Resolution project in Arizona, which could become the largest copper producer in North America, a spokesman said on Thursday. ...
Tags: Rio Tinto
Enel SpA (“Enel”), through its wholly-owned subsidiary Enel Investment Holding BV, finalized the sale of its 40% stake in Artic Russia BV, which in turn owns 49% of the share capital of SeverEnergia (the aggregated interest of ...
Gazprom Neft and Vietnam Oil and Gas Group (PetroVietnam) have signed a framework agreement setting out the terms of Gazprom Neft’s proposed acquisition of a stake in the Dung Quat oil refinery and the refinery’s planned ...
Tags: Gazprom Neft, PetroVietnam, invest, Dung Quat, refinery, modernisation
Brazilian mining group Vale has reduced its stake in Norwegian aluminum producer Norsk Hydro to 2% from 21.6% and may completely offload its holding in the company, Hydro said Tuesday. Vale announced on Monday an offering to sell shares ...
Tags: mining group, Mineral
Temasek, Singapore's state-owned investment company, has teamed up with China-focused private equity firm Hopu and three private investors to acquire $213m worth stake in infant milk formula producer Yashili International. The shares will ...
Panel display manufacturer Samsung Display said on Friday its firtst LCD factory in China has started to operate and join the rivals of expanding capacity in the country, despite the fact that China's TVs market shranks and panel displays ...
Tags: LCD Production, LCD Capacity
Shares of Corning Inc. jumped Tuesday after it announced a new tie-up with a Samsung Electronics subsidiary that will boost the glass maker's earnings immediately and guarantees that it will supply Samsung with liquid crystal display glass ...
Russia-based MMK Group has acquired an additional 12.77 percent of shares in Belon in an off-market transaction. Following the deal, MMK Group now holds a stake of over 95 percent in the coal company. This transaction enables MMK Group to ...
Tags: Metallurgy, Mineral, coal
China-based concentrating photovoltaic (CPV) module maker Suncore Photovoltaic Technology Co Ltd, which is owned by Xiamen-based San'an Optoelectronics Co Ltd (the largest LED maker in China), has acquired the assets of Israel-based ...
Tags: CPV, Electrical, Electronics
Royal DSM, a life sciences and materials sciences firm based in the Netherlands, has acquired 19% stake in Yantai Andre Pectin, a China-based producer of texturing ingredients. Headquartered in Yantai, Shandong Province, Andre Pectin was ...
Tags: Royal DSM, Andre Pectin
Thailand's PTT Exploration & Production PCL, the country's flagship petroleum explorer, might invest in North American shale-gas and Myanmar deep-water projects as part of its plan to nearly double its output by 2020. PTTEP, which made ...
Tags: Shale Gas, flagship petroleum