Australia-based Carpentaria Exploration (CAP) has announced that it has signed an agreement with Pure Metals Pty Ltd to jointly develop its Hawsons iron ore project in New South Wales. Accordingly, Pure Metals will acquire 40 percent ...
Dutch insurance firm ING Group has sold its 26% stake in ING Vysya Life Insurance Company to its joint venture partner Exide Industries for an undisclosed amount. The deal, which was originally inked in January this year, is a part of a ...
Tags: Life Insurance, Insurance, insurance firm
US Representative Kevin Cramer, a Republican and North Dakota's lone House member, believes that hardline, pro-drilling arguments from his own party may be hindering the chances of bipartisan support for increasing oil and gas production on ...
Tags: Drilling Rhetoric Hinders, Chemicals, Cramer
Canada-based marketer and distributor of branded specialty food products Premium Brands has agreed to acquire Freybe Gourmet Foods for $55m. Freybe, founded in 1844, is one of the leading manufacturers of premium gourmet deli meats in ...
Tags: food products, food, Premium Brands
Deinove, a France-based bacteria company, will establish a new subsidiary Deinobiotics to speed up research and development of new antibiotics as part of its antibiotics program. The Holding Incubator Green Chemistry, which has invested ...
Tags: Deinove, antibiotics program, drug candidate
Argo Group International, a Bermuda-based underwriter of specialty insurance and reinsurance products, has appointed Thomas A. Poland as vice president. Based in Colony Specialty's Alpharetta, Georgia office, Poland will lead the Colony ...
Winnepeg, Canada-based Boyd Group Income Fund, which also operates as Gerber National Glass Services, announced a cash distribution for the month of $0.039 per trust unit. The company also operates under Boyd Autobody Glass, as well as ...
Tags: Glass Services, Glass, Glass Industry
Britain's biggest food manufacturer Premier Foods will seek refinancing over the next six to 18 months to further improve its balance sheet, predicts City analyst Shore Capital. Brand advantage: revenue growth is likely to come from ...
Tags: Foods, food manufacturer, food
Suntech Power's epic plunge from solar module dominance to bankruptcy comes as the result of misplaced investments, a misguided pricing strategy, anti-dumping action in the US and a potential new willingness by the China government and ...
Tags: solar module, solar, Suntech
There’s good news for potential buyers of clean energy vehicles (CEVs) in British Columbia. If you thought you had missed out on your chance to save up to $5000 on a qualifying CEV, don’t worry: the province’s ...
SynCardia Systems, a manufacturer of Total Artificial Heart, has secured $15m structured financing from Athyrium Opportunities Fund and $4m follow-on equity investment from existing shareholders. The company will use the capital to ...
Tags: SynCardia Systems, Artificial Heart, biventricular heart
Dell has received two counter-offers related to its plans to go private, with rival bids coming in from private equity fund manager Blackstone and entities associated with investor Carl Icahn. Reports of the offers surfaced in recent ...
Tags: Dell, Blackstone, Icahn Group
Fujitsu has paid $1.2 billion into its pension funds for current and former U.K. employees, and renegotiated cuts to ongoing pension contributions, freeing up cash to grow other areas of its U.K. business, the company said Monday. The ...
Tags: Fujitsu, Fund Deficit, Electronics
India’s garment exports to the world have grown by 21.15 percent from US$ 10.685 billion in 2008 to US$ 12.945 billion in 2012, while China’s apparel exports during the same period have grown by 31.21 percent from US$ 113.021 ...
Tags: garment exports, garment, apparel exports
Brazilian investment firm 3G Capital’s owner Jorge Paulo Lemann has acquired 20% stake in icecream manufacturer Diletto for BRL100m ($50.5m). The transaction was completed in January and was handled through Innova, a fund controlled ...
Tags: ice cream firm, ice cream, icecream