Tata Steel is now in the process of finding banks to facilitate the sale of bonds for its debt refinancing purposes.

Sinopec has concluded a deal to purchase oil and gas assets from its parent company. Sinopec Corp. has reached an agreement with its parent company China Petrochemical Corp.

Gold prices surge as many investors opt for the metal in light of the Cyprus meltdown. Gold values expected to increase in the next quarter because of the current Cyprus crisis.

First Quantum Minerals Ltd. says it has enough support from its shareholders to buy rival Inmet Mining Corp. in a C$5.1 billion deal.

Rockwood to sell off units for an expected US$2 billion. Chemicals producer Rockwood Holdings is preparing the sale of two of its subsidiaries. The sale is expected to reach US$2 billion with the increasing recovery of the US construction sector.

Temasek buys stake in Evonik. Temasek Holdings, the Singapore state investor will purchase shares in the German company, Evonik Industries according to people close to one of the owners of Evonik.

Smithfields Food split recommended through letter by shareholder. One of the biggest shareholders in Smithfield Foods Inc has formally recommended to the board to split America's largest hog producer into three separate distinct units.

U.S. silver mining company Hecla Mining Co. is set to buy Aurizon Mines Ltd. as part of its attempt to gain access to a Quebec gold mine.

Potash Corp. has been looking to boost its stake at the world's sixth largest producer of potash.

ICL purchases Thermphos. Israel Chemicals, the fertilizer and specialty chemicals maker has entered into an agreement to acquire Thermphos International BV.