The expertise of AGR’s highly skilled reservoir evaluations team will be showcased at a leading symposium this week. Tim Wynn, Lead Geologist, and Liz Chellingsworth, Principal Geophysicist, both based in AGR’s Aberdeen ...
Following the transaction concluded with German steel giant ThyssenKrupp for the divestment of Italian mill Terni and the high performance alloy unit VDM, Finland-based stainless steel producer Outokumpu has stated that with this ...
Tags: steel, metallurgy, price
Dow Chzemical will shut the equivalent of about 800,000 mt/year of chlorine and caustic soda capacity in Texas and divest chlorine derivatives assets with a value of up to $5 billion, it said Monday. The divestment includes about 40 ...
Tags: Dow Chzemical, Chemicals
Finland-based stainless steel producer Outokumpu has announced that it plans to divest its Italian steel plant Terni (Acciai Speciali Terni) and its high performance alloy unit VDM. Outokumpu has signed a binding agreement with ThyssenKrupp ...
Tags: steel producer, Outokumpu
Global drinks giant Diageo has confirmed it is considering selling most of the Whyte & Mackay (W&M) whisky distilleries it gained by taking over India’s United Spirits. Diageo is offering a deal to offset competition concerns about ...
Tags: Diageo, mull, sale, Whyte&Mackay distillery
TORONTO, Nov. 22, 2013 /CNW/ - Vena Resources Inc. (the "Company" or "Vena") (TSX: VEM) (Peru: VEM) (Germany: V1RA) (USA: VNARF) announces that it has entered into a share purchase agreement with Azincourt Uranium Inc. (TSXV: AAZ) ...
Tags: Metallurgy, Mineral, Energy
Italian insurer Generali Group has inked an agreement with Cattolica to divest 100% of the capital of Fata Assicurazioni Danni, in a transaction valued at nearly €179m. Generali noted that the transaction will enable it to further ...
Tags: insurer, Generali Group
Seoul-based LIG Group is planning to divest all shares of its nonlife insurance division, as part of its strategy to gather the required funds to compensate investors for losses from a financial fraud scandal in 2011. Unveiling its ...
Tags: LIG Group, Nonlife Insurance
Clariant performance well on target after solid third quarter Sales from continuing operations in Q3 2013 grew 2% in local currencies and were 3% lower in Swiss francs, at CHF 1.443 billion, down from CHF 1.489 billion in the same period ...
Tags: economy, Construction
Finland-based packaging firm Huhtamki Oyj has sold its Italian subsidiary Huhtamaki to polystyrene packaging manufacturer Diesse for €5m. The sale includes the rigid plastic manufacturing units in Settimo Torinese, Sant'Ilario d'Enza ...
Tags: Rigid Plastic, Packaging
Evonik Industries AG announces Q3 results ended on September 30, 2013. -Operating performance in the first nine months of 2013: -Slight organic decline in Group sales to €9.7 billion on price grounds despite upturn in demand ...
Tags: Evonik Industries, Textile
The US office furniture manufacturer Steelcase intends to close down its plant in Durlangen, Germany. The 265 staff employed there were informed about the divestment plans on 17 October. The production of cabinet furniture is to be ...
Tags: Furniture, Furnishing, office furniture
Oerlikon reported strong order intake and sequential margin improvement in Q3; guidance confirmed With a Q3 EBIT margin of 12.6 %, Oerlikon sequentially improved its profitability in the first nine months of 2013 and continued to deliver ...
Tags: Oerlikon, Fibers Segment
Akzo Nobel N.V. reported third quarter revenues of €3,778 million, 5 percent lower compared with the same period last year. The decrease was a consequence of adverse currency effects and divestments. Lower restructuring costs and ...
Tags: AkzoNobel, Decorative Paints
ABB is selling all assets of Baldor’s generator set business to Generac Holdings Inc., a Wisconsin-based producer of generators and other engine-powered products. The sale is expected to close later this year; terms of the transaction ...
Tags: ABB, Genset Business