US-based Wausau Paper has signed an agreement to sell its specialty paper business to a new company sponsored by a private equity firm KPS Capital Partners for about $110m. According to Wausau Paper, the new company will be known as ...
Tags: Wausau Paper, Paper Business
The Rieter Group held its own in 2012 against difficult market conditions worldwide. Order intake for the year as a whole declined by 12% to 839.7 million CHF, although Rieter received more orders in the second half-year than in the first. ...
Tags: Textile, Rieter Group
China-based LDK Solar has announced that due to a temporary cash-flow shortage, the firm was not able to make full payments to the holders of its 4.75% convertible senior notes due 2013 in an aggregate principal amount of US$23.793 million, ...
Solera Holdings has completed acquisition of 100% of the equity interest of Eziworks, an Australia-based company which operates as Car Quote, for an undisclosed sum. A body shop management system, Car Quote serves as a central part of the ...
Japan-based Marubeni Corporation has announced that its wholly-owned subsidiary Marubeni Iron Ore Australia Pty. Ltd. (MIOA) has signed a loan agreement for A$1.06 million financing with Japan Bank for International Cooperation, in relation ...
Tags: Iron Ore, Metallurgy, Mineral, Energy
Singapore-listed Noble Group has acquired a 5.34% equity stake in the Australian company developing the first large-scale underground coal mine in Indonesia in recent years in a move widely seen as a vote of confidence in the fledgling ...
Tags: Coal Mine, Coal, Metallurgy, Mineral, Energy
On the one hand, Baosteel Engineering turns yesterday's customers into today's partners and they team up to build a world-class steel company, on the other hand, it focuses on building a steel structure virtual industry chain integrated ...
Tags: Baosteel Engineering, steel, steel structure virtual industry chain
Dean Foods' share price was down 9% today (13 February) after the US dairy giant issued a cautious outlook for the year. Shares in the group were down to US$16.73 in early morning US trading today, despite the firm booking earnings of ...
Tags: Dean Foods, share price, dairy giant
Light weight paper and packaging solutions supplier in the US, Burrows Paper has completed the acquisition of the remaining 75% equity interest in investment company Innopak Hong Kong. Prior to the deal, Burrows owned 25% stake in the ...
Tags: Burrows Paper, paper and packaging solutions, Packaging
SASKATOON, SASKATCHEWAN–(Marketwire – May 18, 2012) -Great Western Minerals Group Ltd. ("GWMG" or the "Company") (TSX VENTURE:GWG) (OTCQX:GWMGF) announces that the the escrow agent (see GWMG Media Release May 10, 2012: "GWMG ...
Tags: Rare Earth, Metallurgy, Mineral Energy
Thesundaily.my reported that Marubeni Itochu Steel Inc a major shareholder of Yung Kong Galvanising Industries Bhd with an 18.41% p stake has expressed interest to subscribe for 48.80 million new shares in the latter. In a filing to Bursa ...
Tags: Marubeni Itochu, Steel, Steel Inc, Galvanising Industries
Metinvest BV the parent company of the international vertically integrated steel and mining group of companies announced that its subsidiary, Metinvest Trametal SpA had repaid ahead of schedule the remaining EUR 107.5 million of a 7 year ...
Tags: Metinvest BV, steel, mining, purchase, fixed assets, shares
IBM, the leader in Smarter Commerce, and Toshiba TEC Corporation, Japan's leading maker of point-of-sale systems and related technology for retailers, announced a definitive agreement under which Toshiba TEC will acquire IBM's Retail Store ...
Tags: Smarter Commerce, Toshiba, IBM, point-of-sale systems
Fairfax Financial Holdings has completed sale of its stake in Florida-based insurance firm Cunningham Lindsey for proceeds of nearly $270m. The acquisition follows an agreement signed between Luxembourg-based CVC Capital Partners and ...
Tags: Fairfax Financial Holdings, Cunningham Lindsey, insurance, stake
A chunk of Dole Food Co.'s business could end up in the hands of one of Japan's largest trading houses it was announced this week - and China appears to be central to the potential deal. On Wednesday (12 September), Dole, which is in the ...
Tags: Food business, Food industry, Food, food sector