Luxembourg-based glass and metal products firm Ardagh Group is delaying its previously planned initial public offering (IPO) for its wholly-owned subsidiary Oressa citing challenging IPO market conditions. Announced in June this year to ...
Tags: glass, metal products, metal can packaging
Diversified iron ore developer London Mining said Monday it produced 900,000 mt of iron ore from the Marampa operation in Sierra Leone in the first quarter, up 17% from Q4 2013, while it looked for a minority investor to help it cope with ...
Tags: Iron Ore, London Mining
French cement maker Lafarge has confirmed its goal to cut debt below €10bn ($13bn) this year, and said it would aim to cut it further below €9bn ($11.95bn) in 2014 as it seeks to regain its investment grade, Reuters has reported. ...
Tags: cement maker, Lafarge
The media had reports that Visa Steel Limited plans to sell stake to expand. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the ...
Tags: Steel Pipes, Steel Tubes, Metals in Steel, Steel Industry
Visa Steel Ltd will sell new shares to fund INR 17 billion expansion and cut debt,as it tries to end six straight quarters of losses. Mr Vishambhar Saran chairman of Visa Steel Ltd said that the sale at the right price will reduce the ...
Tags: Visa Steel, shares, cut debt, six straight quarters of losses
Business Standard reported that more clarity on talks to refinance loans for oil, steel, shipping and ports entities to emerge in a month or two; external commercial borrowing refinance a prime tool. With a combined debt of close to INR ...
Tags: Essar Group, debt burden, refinance loan, oil, steel
Grupo Empresarial Ence SA, (ENCE), Spain-based company engaged in the wood industry, runs talks with forest funds and competitors interested in buying the forest, according to Reuters, quoting El Economista local newspaper. According to ...
Tags: market view, wood products
Greece will use future revenue from the country’s ‘Helios’ solar energy project to cut debt by as much as 15 billion euros ($21 billion), euro-area leaders said. "Greece commits future cash flows from project Helios, or ...
Tags: Market View, solar
Greece will use future revenue from the country’s ‘Helios’ solar energy project to cut debt by as much as 15 billion euros ($21 billion), euro-area leaders said. "Greece commits future cash flows from project Helios, ...
Tags: solar