Today, OCI Resources announced that it had launched its initial public offering of 5,000,000 common units.
Industrials
Turkey plans establishment of industrial zone in Addis Ababa
Turkey said it intended to create an industrial zone in Addis Ababa on land assigned to Turkey by the Ethiopian government.
Jeju Air contemplates IPO to increase fleet
South Korean budget carrier Jeju Air Inc said it would consider conducting an IPO to increase the number of its airplanes and meet the growing demand for air travel in the Asia-Pacific.
Union says Fiat will invest almost EUR 1 billion to produce Maserati SUV in Turin plant
Fiat union leaders said the carmaker would invest nearly EUR 1 billion to make the Maserati SUV in its Turin factory.
British Land will half-own Southgate mall for USD157 million
REIT British Land said it would buy 50% of Southgate, a shopping center in Bath, for GBP 101 million.
Latest News
The Riverside Company announced its purchase of Rutland Plastics for an undisclosed amount. The Riverside Company announced that it had purchased Rutland Plastics.
New and old investors provide USD65 million in equity investments to Kaiima Bio-Agritech. Israeli technology company Kaiima Bio-Agritech Ltd is focused on seed and breeding technology.
The government of Japan proposed today its JPY47 billion or USD473 million 'ice wall' project in the hopes of stopping the leakage of radioactive water from the Fukushima nuclear plant.
Thailand's largest shopping mall developer, Central Pattana, said it would be spending THB 15 billion to expand in Southeast Asia.
Lafarge would sell its 53.3% stake in its Honduras business to Cementos Argos for a price tag of EUR 232 million.
Private equity fund Mandarin Capital said it had sold its stake in IMA through accelerated book building.
Germany's steel maker ThyssenKrupp denied reports of having cancelled the sale of Steel Americas.
Mumbai-based Kingfisher Airlines sued International Aero Engines for engine defects. Mumbai-based Kingfisher Airlines Ltd filed a lawsuit against International Aero Engines (IAE) for defects in the planes' engines.
Global Ports Investments announced that it had agreed to acquire the National Container Company for USD 652 million.
