International Paper (IP) and corrugated packaging producer in Brazil Jari Celulose, Embalagens e Papel, a Grupo Orsa company, have sealed the previously announced deal to form a new joint venture (JV), in which IP will invest about $470m. ...
Tags: International Paper, packaging producer, JV
Russian mining and steel group Mechel has announced that it has acquired 55 percent (73.33 percent of common shares) of Vanino Sea Trade Port. The acquisition was made in line with the company’s strategy of developing its mining ...
The newly appointed chairman of Indonesia's special taskforce for the upstream sector will focus on various issues during his tenure, among them increasing oil and gas production and boosting reserves, he told Platts Monday. Rudi ...
Tags: Indonesia, Skkmigas, Oil, Gas Production
Turkish Glass maker Trakya Cam Snayii AS bought a 45 per cent stake in HNG Float Glass Limited (HNGFL) through a joint Venture (JV) agreement on Friday. According to the JV, Hindustan National Glass and Industries (HNGIL), the ...
Dell may be sold to private equity, reports Bloomberg, with the computer company said to be talking to two private equity companies - Texas Pacific Group and Silver Lake. The reports surfaced after Dell's corporate strategy boss left to ...
Tags: Dell, private equity, company news
The Finnish group Dynea Chemicals sold its 50% stake in the Australian joint venture Dynea Australia to the US firm Momentive Speciality Chemicals on 4 January. The company was subsequently renamed Momentive Speciality Chemicals Australia. ...
Tags: Dynea Chemicals, panels, Laminex
Qatar First Investment Bank (QFIB) has sold its 71.3% stake in Emirates National Factory of Plastic Industries (ENPI Group), a producer of flexible and rigid plastic packaging solutions to Saudi Printing & Packaging (SPPC). The ...
Tags: QFIB, ENPI Group, SPPC
Japan's Itochu is eyeing a stronger foothold in China after agreeing to take a 33% stake in Canadian pork processing group HyLife. Itochu said late last week it has acquired a 33.4% stake in Manitoba-based HyLife for JPY5bn (US$56m). ...
Tags: Canadian pork, Itochu, pork producers
Canada-based Sun Life Financial and Malaysian investor Khazanah Nasional are planning to acquire life insurer CIMB Aviva in Malaysia, in a deal valued at MYR1.8bn ($596m). Both firms will jointly purchase 98% of the life insurer in order ...
Tags: life insurer, CIMB Aviva, financial services markets, insurance company
Allied World Financial Services,a subsidiary of Allied World Assurance Company,has agreed to acquire a minority ownership interest in a privately held asset management firm Crescent Capital Group. Further terms of the transaction have not ...
Tags: Allied World Financial Services, minority stake in Crescent Capital
SEOUL, SOUTH KOREA, January 13, 2013 /24-7PressRelease/ -- alphaCloud, a rising mobile game developer, is excited today to announce the launch of Fashion Master onto the App Store. This unique digital adventure puts fashion at the forefront ...
Tags: alphaCloud, mobile game, App Store, Fashion Master
TA Associates, a leading global growth private equity firm, announced it has completed a majority investment in Dutch, LLC, the parent company for leading fashion brands JOIE, Equipment and Current/Elliott. Terms of the investment were not ...
Tags: TA Associates, private equity firm, Dutch, sold, stores, LLC
In a statement issued to the London Stock Exchange (LSE), epiwafer foundry and substrate maker IQE plc of Cardiff, Wales, UK has a potential “significant acquisition”. This follows UK newspaper The Times reporting that, to ...
Tags: IQE, LSE, significant acquisition, UK
General Motors and Isuzu are considering developing an all-new ute together, the Detroit-based automaker has confirmed. Reuters reports the two companies have signed a memorandum of understanding to enter negotiations over the potential ...
Tags: General Motors, Isuzu, UTE, partnership
Yashili International is to spend CNY1.1bn(US$176.7m)to build a 52,000-tonne capacity dairy in New Zealand,via its recently established subsidiary in the country. Yashili New Zealand Dairy Co has already signed a conditional purchase ...
Tags: Yashili, purchase agreement, dairy industry, milk