Atlatsa Resources Corporation (Atlatsa) (TSXV: ATL; NYSE MKT: ATL; JSE:ATL) is pleased to announce that the South African Department of Mineral Resources (DMR) has executed amended mining rights in favour of its subsidiary, Bokoni Platinum ...
Tags: mineral
Talisman Energy Inc. (Talisman) (TSX:TLM)(NYSE:TLM) today announced that two of its affiliates have reached agreement to sell their approximately 12% equity interest in the Ocensa Pipeline in Colombia to an investment group led by Advent ...
GlaxoSmithKline is to sell its drinks brands Lucozade and Ribena to Suntory Beverage & Food Ltd (SBF), the Japanese consumer goods company, for GBP 1.35 billion (AUD 2.4b) in cash. It is expected that the transaction will be completed by ...
Tags: Beverage, Food, Agriculture
GlaxoSmithKline (GSK) has agreed to sell its nutritional drinks brands – the iconic Lucozade and Ribena – to the Japanese consumer goods firm Suntory Beverage & Food (SBF) for £1.35bn in cash. GlaxoSmithKline is to sell ...
Tags: Agriculture, Food
State-owned Chinese oil giant Sinopec has taken its first step into Egypt's upstream sector with a $3.1 billion deal to buy a 33% stake in US-based Apache's assets there. The deal is the first under in a new global strategic partnership ...
Tags: Metallurgy, Mineral, Energy
Fewer executives are planning to make a capital investment in their business during the coming months, with investment expectations among Australian businesses fading in the lead-up to the middle of the year. Amid a broad drop-off in ...
Centrosolar Group AG will sell its solar glass division off, following a year of devastating financial losses. The Germany-based company has also postponed the publication of its annual report and announced the continuation of its ...
Tags: solar glass division, solar glass, glass
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
Finsbury Food Group has sold its free-from business to Genius Foods for Pound 21M to focus on its core bread and cake business and reduce debt. Genius Foods has a 50% share of the UK gluten-free bread market The free-from business ...
Tags: Finsbury Food Group, Genius Foods, UK
Regional US supermarket group and food distributor Spartan Stores has booked an increase in third-quarter earnings. Net profit in the three months to the end of December amounted to US$5.2m, a 2% increase on the prior-year period. ...
Tags: US supermarket group, food distributor, Spartan Stores, earnings
If you have young children or grandchildren, look at them and imagine signs around their necks: “I owe my government $52,000 — and each day I will owe more.” While the number varies according to the parameters of data ...
Tags: finance, money management, bullet
Reuters reported that credit rating agency Moody’s downgraded ThyssenKrupp’s debt to “junk” status due to challenging market conditions and profit losses in its Brazil and US sites. ThyssenKrupp replied that its ...
Tags: Moody, Steel, Steel Americas
Luxembourg-based steel giant ArcelorMittal has announced that it will issue $3.5 billion common shares to reduce its debt significantly. With the share issuance, the company aims to reduce its debt to $17 billion by the end of June this ...
Tags: Luxembourg, steel giant, ArcelorMittal, debt
Associated Press reported that aluminum producer Alcoa Inc launches the fourth quarter earnings season on Tuesday after the markets close. The sluggish global economy, including slower growth in China and the debt crisis in Europe, has ...
Tags: Alcoa, aluminum producer, aluminum, aluminum industry
Overview 1. US steelmaker Severstal Columbus LLC's financial performance weakened in the third quarter of 2012 amid unfavorable industry conditions. 2. Consequently, we don't expect the company to generate material positive free ...
Tags: generate material, steelmaker, steel, steel markets