US-based Dole Food has received a proposal from David H. Murdock, the company's chairman of the board and CEO, to acquire all of the outstanding shares of common stock which are not already owned by him in a deal which values the company at ...
Qatar-based Hassad Food, the agricultural investment arm of Qatar’s sovereign wealth fund, plans to invest $500m in India for the production of rice, coffee, cardamom and ready-made foods. The proposed plans comes after the Hassad ...
Tags: Boost Food Production, Hassad Food
Total E&P Indonesie expects the giant Mahakam gas block's proven reserves to fall to 2.7-3 Tcf by 2017 and plunge further to 1.3-1.6 Tcf in 2018 due to natural depletion, a company official said Thursday. "At the end of 2012, the ...
GF Securities announced on June 6 that its largest shareholder Liaoning Chengda intended to lend a no more than 10% stake it holds in the former to China Securities Finance Corporation to obtain proceeds after the expiration of the lending ...
Tags: Service
Metallurgical Corp. of China Ltd. (MCC, SHSE: 601618 and SEHK: 1618) is said to sell a majority stake in west Australia-based Lamber iron ore project. People close to it disclosed in an interview recently that it was busy looking for ...
Tags: Iron Ore, Metallurgy, Mineral, Energy
Lushang Group, controlling shareholder of Silver Plaza Group (SHSE: 600858), spent CNY 250 million buying additional 5% shares in the listed company. Silver Plaza announced today that it received a tender offer from Lushang that planned ...
ULSTEIN contributes NOK 20 million for search and rescue boat Thursday, Jun 06, 2013 The 20-metre S&R craft - to be delivered in 2015 - will be named 'RS Idar Ulstein', in memory of Ulstein's long-time CEO and Chairman of the Board, who ...
Tags: Transportation, Service
In retaliation for Europe setting a punitive tariff (11.8%) on China-made solar panels, China announced on June 5 plans to start an anti-dumping and anti-subsidy investigation against Europe-made wine imports. According to Reuters, this is ...
Tags: Wine Industry, Solar Trade Dispute
OCI N V plans to sell a minority stake in its Beaumont, Texas, methanol and ammonia plant in a second half of 2013 initial public offering, the Dutch-listed parent of Orascom Construction Industries said Wednesday. The funds from the IPO ...
German-based Bayer has bought majority stake in Conceptus, a birth control manufacturer, and expects the purchase of the entire Californian firm for $1.1bn to close soon. According to Bayer, over 96% of the company's outstanding shares ...
Tags: birth control, Bayer
Indonesia's state-owned oil and gas company Pertamina has signed sales and purchase agreements with PTT Polymer Marketing, a unit of Thailand's PTT Global Chemical, for polyethylene and polypropylene products, a Pertamina official said ...
Japan's Inpex signed Tuesday shipbuilding and shipping contracts for two new LNG tankers, which will deliver cargoes to its new Naoetsu import terminal as well as to Taiwan's CPC from the Ichthys project in northern Australia, a company ...
Tags: Inpex, Tanker Charter Deal, Chemicals
Porsche’s former chief financial officer has been convicted of credit fraud by a German court in a criminal case relating to a failed 2009 bid by the sports car maker to buy Volkswagen. Bloomberg reports Holger Haerter was convicted ...
Tags: Porsche, Fraud, Volkswagen Bid
There has been some uneconomic duplication of facilities such as loading jetties at the three LNG export projects being built on Curtis Island offshore the eastern Australian port of Gladstone, a senior executive at one of the projects ...
Tags: LNG Terminals, Chemicals
BP has become the second oil and gas major in a day to announce it would have a new chief for its Australian operations, following fast on the heels of a similar announcement by ExxonMobil. Andy Holmes has been appointed president of BP ...
Tags: Exxonmobil, Chemicals