The Delaware Chancery Court is the venue for the hearing between Cooper Tire and Rubber Co against Apollo Tyres Ltd.
Industrials
Anglo-American sells interest in Amapa iron ore mine to Zamin Ferrous
Zamin Ferrous purchases Anglo American shareholdings in Amapa iron ore mine in Brazil. The mining consortium established by Pramod Agarwal, Zamin Ferrous, had completed the purchase of the Amapa iron ore mine located in Brazil.
Dover closes USD145 million acquisition deal with Finder
Dover Corp acquired industrial manufacturer Finder SpA for USD145 million. Dover Corp recently finalized a deal to purchase industrial company Finder SpA for USD145 million.
SFW Capital makes strategic investment in Filtec
SFW Capital Partners made a strategic investment in California-based Industrial Dynamics Company (DBA Filtec) for growth and product expansion.
Brussels launches in-depth probe into Ineos-Solvay deal
Brussels had launched a full state investigation on the joint venture between Solvay and Ineos due to antitrust concerns.
Latest News
3i pays EUR165 million for the 49% stake of Allianz Capital Partners in Scandlines. 3i, the private equity investor, had bought out the co-owner of its ferry group Scandlines.
The following bids, mergers, acquisitions and disposals were reported on Monday The following bids, mergers, acquisitions and disposals were reported on Monday: BlackBerry Ltd is abandoning a plan to sell itself and instead will replace its chief executive and raise about $1 billion from institutional investors, including its largest shareholder, the smartphone maker said.
US fund York Capital Management invested EUR100 million in GEK Terna, one of Greece's top construction groups.
Investment firm's portfolio company acquired plastic coatings manufacturer in a recent transaction.
Germany's Henkel had made plans to increase sales in MENA for the next few years. Henkel, the German cleaning products manufacturer known for brands such as Persil and Schwarzkopf, has laid out plans to boost sales by 40% in emerging markets such as the Middle East.
GS Engineering and Construction and Samsung Engineering form joint ventures with Arabtec separately.
The King Hamas decree granting BHD185 million bailout to Gulf Air is set to be vetoed by a number of MPs since it was done while Parliament was in recess.
Whitehaven Chairman Mark Vaile said the future of the mining company is assured with the two mines it is preparing to go online.
SunPower Corp acquired Greenbotics Inc for its robots that clean solar power panels. US solar manufacturer SunPower Corp purchased Greenbotics Inc. The latter manufactures robots that can clean solar panels.
