As of December 31, inventory of iron ore at 25 major Chinese ports amounted to 84.197 million mt, indicating a decrease of 1.206 million mt or 1.41 percent week on week, as announced by China's Xinhua News Agency. As of the same date, the ...
Tags: Iron Ore, Chinese Ports
Shandong Province-based Chinese steelmaker Shandong Iron and Steel Co. (Shandong Steel) announced on December 30 that it has sold an 80 percent stake in Jinan Steel International Trade Co. and a 100 percent stake in Shandong Laiwu Steel ...
Tags: Shangdong Steel, Subsidiaries
American Securities LLC, a leading U.S. private equity firm, announced that, in partnership with management, it has completed the acquisition of Frontier Spinning Mills Holding Corp., a leading producer of cotton yarn for the knitting and ...
Crocs, Inc. announced that Blackstone Group LP is making a $200 million investment that will give the private equity firm a 13 percent stake in the shoe company. Crocs also said late on Sunday that John McCarvel, its CEO, plans to retire in ...
Tags: Crocs, Blackstone Group LP, investment, John McCarvel, retirement
XPO Logistics Inc. said it has closed its purchase of NLM, a Web-based freight auction site, from truckload carrier Landstar System Inc. XPO paid $87 million for the business, which it will rebrand as XPO NLM, it said in a Dec. 30 ...
Tags: XPO Logistics, NLM, Landstar System, close purchase
How to attach label to Baosteel color-coated products as greener and more environment-friendly? How to add value to Baosteel color-coated products beyond what their prices could offer? How to maintain advantage of Baosteel with high-end ...
Tags: steel, metallurgy
It’s reported that the Japanese steelmakers are mulling to raise tinplate export prices by US$50/ton to Asian buyers for the first quarter of 2014. However, the Asian buyers can only accept the price rise of US$30/ton. ...
Tags: steel, metallurgy
Ikaria, Inc., a critical care company focused on developing and commercializing innovative therapies designed to address the significant needs of critically ill patients, announced today that its investor group and employee shareholders ...
Tags: Ikaria, sell the Commercial Business, Madison Dearborn Partners
Town Sports International Holdings, Inc. (Nasdaq:CLUB), the owner and operator of New York Sports Clubs, is pleased to announce the entry into an agreement to sell its property located at 151 East 86th Street, New York to an affiliate of ...
Tags: Town Sports International Holdings, Stillman Development International
The Orvis Company, Inc. of Manchester, VT, entered an agreement to sell its Ross Reels subsidiary to the Mayfly Group, LLC. Mayfly operates various brand names including Abel Automatics, Inc., a manufacturer of premium fly-fishing reels and ...
Tags: Orvis Company, Ross Reels, Mayfly Group
Emerald Expositions, organizers of the Outdoor Retailer trade show, has agreed to acquire George Little Management, which operates the Surf Expo and other trade shows. The price paid was $335 million, subject to certain adjustments at ...
Cooper Tire & Rubber Co. has terminated its merger agreement with Apollo Tyres Ltd. And Apollo is not happy about it. "Apollo is disappointed that Cooper has prematurely attempted to terminate our merger agreement," says the company. ...
Tags: tyre, tire, Auto Parts
Cooper Tire & Rubber Co. announced it has terminated the merger agreement with Apollo Tyres Ltd. "It is time to move our business forward," says Cooper CEO and Chairman Roy Armes. "While the strategic rationale for a business ...
Tags: Auto Parts, Accessories, tire, tyre
Further to the signing of a framework agreement in early May, Total is pleased to announce that QPI is now a shareholder of Total E&P Congo, holding 15% of its capital. "The conclusion of this agreement, which is an important milestone, ...
Tags: Total, QPI, Total E&P Congo, Qatar, Congolese petroleum industry
Madison Dearborn Partners announced today that it has signed a definitive agreement under which it will acquire a majority ownership position in Ikaria, Inc., a leading provider of proprietary and innovative therapies for the critical care ...