Empire State Building owners received its third unsolicited offer for the iconic skyscraper. (Photo : Reuters)The image is the Empire State Building in the twilight.
Industrials
Wynnchurch Capital invests on Detroit Tool
Detroit Tool Metal Products will gain investments from owner Wynnchurch Capital. (Photo : Wikkimeida Commons)Los Angeles-based Reliance Steel & Aluminum has acquired Sunbelt Steel, Texas.
Bankrupt Suntech extends forbearance agreement
Suntech extended its forbearance agreement with its bondholders. (Photo : Reuters)The image is the frontage of the corporate headquarters of Suntech. Chinese solar energy and systems manufacturer Suntech Power Holdings Company extended a forbearance agreement with what it says as "a majority" of its unpaid convertible bond holders.
Concentric Completes Acquisition of Licos
Concentric AB announced the completion of its acquisition for Licos Trucktec GmbH. (Photo : REUTERS)The image shows employees working on water pumps. Today, Concentric AB announced the completion of its purchase for Licos Trucktec GmbH.
Jindal Talks for Liberia Iron Ore
Jindal Steel is in negotiations to acquire an iron ore mine in Liberia as the country seeks for more foreign investors to boost its economy.
Latest News
The owners of Financiere SELEC, namely Deutsche Bank and LBO Frane, is selling off SELEC's residential real estate portfolio.
Abu Dhabi's Mubadala and Taiwan's Farglory are working for the completion of the Al Maryah project in the Middle East kingdom's free port zone.
Permaswage was sold to Precision Castparts by long time owner Bridgepoint. (Photo : Reuters)Permaswage supplies to aircraft manufacturers globally. Bridgepoint sold Permaswage to Precision Castparts Corporation in a $600 million deal today.
Precision Castparts Corp announced acquisition plans for Permaswage SAS months after its purchase of a titanium alloy maker.
Empire State Building owners received two unsolicited offers to buy the iconic building for US$2.1 billion and US$2 billion.
Related and Highbridge agreed to partner and create a joint venture on real estate. (Photo : Reuters)The image is an urban area where REITs and real estate moguls earn their keep.
Egypt's OCI increased in value as the country's finance authority approves of tender. (Photo : Reuters)The image is snapshot of the trading floor of the Egyptian bourse Orascom Construction Industries, one of Egypt's largest publicly traded firms, predicts a tremendous upsurge in more than seven years.
Total and Hellman & Friedman planned to sell 30% of their stakes in GTT, maker of cryogenic hull linings through an initial public offering.
Norway purchases more shares in Cermaq. (Photo : Reuters)The image is a fishing boat at the Atlantic Ocean. The state of Norway had spent nearly 1. 56 billion crowns or US$254 million to increase its shareholding in fish farmer Cermaq to 60% overall.
