The facility, initially planned for an amount of Euro 1 billion, was significantly oversubscribed with bank commitments reaching in excess of Euro 2.2 billion. This enabled Saint-Gobain to increase the size of the facility to Euro 1.5 ...
Tags: credit facility, construction markets, building materials
Former Lactalis boss Michel Léonard has been appointed CEO of Groupe Doux, the French poultry processor that went into receivership earlier this month. Léonard, who was Lactalis president for nine years until 2009, takes the ...
Tags: Doux, CEO, receivership
Reuters reported that Abu Dhabi National Energy Company has hired 5 banks to arrange investor meetings ahead of a potential benchmark size bond sale. TAQA, in which the Abu Dhabi government owns a majority stake, picked BNP Paribas, ...
Tags: TAQA, Abu Dhabi National Energy, BNP
French poultry firm Doux,which entered into administration earlier this month,is looking for buyers who would be able to acquire the entire business. Judicial administrator Regis Vaillot said that the administrators wanted to avoid a ...
Market Watch reported that BNP Paribas cut it outlook on base metal prices for next year but reiterated its view that demand for the metals should grow in 2013 as the global economic outlook brightens. The bank cut its 2013 copper ...
Tags: BNP Paribas, base metal price, metal price, metal demand
Taipei, Oct. 25, 2012 (CENS)--In order to revitalize the international-board bond market, the GreTai Securities Market (the over-the-counter market) has proposed to the Financial Supervisory Commission (FSC) allowing simultaneous listing of ...
Tags: bond market, GreTai Securities Market, FSC, ECB
British banking and financial services company Barclays may acquire 70%stake in the French poultry firm Doux,a move that could keep the debt-ridden company afloat and protect nearly 3,400 jobs. Doux,which entered into administration in ...
French cement maker Lafarge SA (LG. FR) is planning to sell a seven-year, euro-denominated bond, one of the banks running the sale said Monday. Initial price guidance has been set in the area of 6.25%. BNP Paribas, Credit Agricole, HSBC, ...
Tags: market view, cement
Terrena,France's leading food cooperative,is planning to place a bid for French poultry firm Doux,which entered into administration in June 2012. A Terrena spokesperson told just-food.com that the company is seeking to place a bid,but the ...
Tags: place a bid, poultry, stake
OAO Russian Machines, a Moscow-based manufacturer controlled by billionaire Oleg Deripaska, will seek as much as $3 billion by selling a minority stake in overseas markets, said Chairman Siegfried Wolf. The company plans to sell as much as ...
Tags: market view, Machines
A new company, backed by an Anglo-German partnership, has been formed to continue the business of German laminated board and doorblank specialist Moralt Tischlerplatten GmbH, which filed for insolvency last summer. Moralt AG has acquired ...
Tags: market view, panel, wood products
The Italian kitchen furniture group Snaidero is currently in the process of negotiating the sale of its 70%majority share in the Franchise Business Division Group,which also owns the franchise chains Ixina,Cuisines Plus and Cuisines ...
CVC Capital Partners Ltd., the buyout firm that owns Formula One, agreed to buy Ahlsell AB for 1.8 billion euros ($2.4 billion) to expand in the wholesale supply of tools, machinery and building products. CVC is buying the Stockholm-based ...
German business confidence jumped more than economists forecast in January to a five-month high, signaling Europe’s largest economy may avoid a recession. The Ifo institute’s business climate index, based on a survey of 7, 000 ...
Tags: market view, machine