Industrials
TVV Capital acquires Pitonyak Machinery Corp
TVV Capital's acquisition of Pitonyak Machinery Corp serves to complement an earlier acquisition for the buyout firm.
American Industrial Partners set to purchase Flow International Corporation
American Industrial Partners would be acquiring Flow International Corporation in a deal worth more than USD 200 million.
Royal DSM in advanced talks to sell caprolactam business- sources
Sources told Bloomberg that Royal DSM NV was already in the second round of bidding for its caprolactam business.
ENRC founders get 95.99% shareholder vote for ENRC takeover
Founders of the Eurasian Natural Resources Corp (ENRC) won 95.99% in shareholder approval on the takeover of the company.
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Sources told Reuters that Lockheed Martin Corp anticipated orders for its F-35 fighter jets in the next few months.
Analysts thought that Tokyo Electron Ltd's takeover was unusual move in an industry norm where local companies were rarely open to mergers or takeovers by their foreign rivals.
Stanford Asia Holding, a subsidiary of Stanford Marine Group, received a USD 300 million loan facility.
PKP Cargo SA said in a statement today that its major investor, Polish State Railway, would be divesting its stake in the former's freight transportation unit that would reportedly fetch around PLN1.65 billion or USD526 million.
Volkswagen AG invests new finds into the venture with FAW Group to expand the production of the plant in Foshan.
Sources told Bloomberg that billionaire Mikhail Prokhorov's Onexim Group was thinking of bidding for a stake in Uralkali.
Berjaya Corporation Berhad's Philippines unit, Berjaya Philippines Inc, extended its GBP42 million or USD65 million takeover bid offer to minority shareholders of British auto dealer HR Owen to October 11.
The rights to the Minas-Rio project is the main asset to be sold off by Anglo American as it faces mounting pressure to provide finances for the project.
Newmont Mining Corp CEO Gary Goldberg said they were looking at potential mine acquisitions as the value of gold fell.
A spokeswoman for activist hedge fund Cevian said the fund had increased its holdings from less than 3% to 5.2% in German multinational conglomerate corporation ThyssenKrupp.