Industry

Orascom Construction Industries (OCI) plans to sell minority stake it has in a Texas methanol plant.

Rio Tinto Ltd. calls for final bidders for their majority stake in Northparkers copper mine in Australia.

Recent announcement stated the investment of US$135 million by Goldman Sachs in India-based energy company, ReNew Power.

MTS is discussing acquisition of Akado, a major broadband and cable TV provider in Moscow, Russia. Last Wednesday, Kommersant Daily reported that MTS is in discussion to acquire Akado, a major broadband and cable television provider in Russia.

Latest News

Real estate investment trust fund, American Homes 4 Rent files US$1.25 Billion IPO for its Class A shares.

Cinven Ltd, KKR & Co LP and Warburg Pincus LLC are weighing deals to bid for PRA International, a clinical research group.

United Airlines engages to buy biofuels for their flights from AltAir Fuels for a three-year contract.

Canadian Industry Minister, Christian Paradis squashes Telus Corp's application for a takeover deal with Mobilicity following the Canadian ban for spectrum licenses acquisition from smaller rival companies.

Glass Lewis advices shareholders to hold off the takeover vote for SoftBank Corp's takeover bid on June 12.

IBM announced acquisition of SoftLayer Technologies and the creation of a new division in the company for cloud-based services to its clients.

Two companies that are link to Chinese State-backed groups are pursuing the US$5 billion Glencore Xstrata mines in Peru.

Cinven, the majority shareholder of Partnership Assurance Group, has announced IPO for Partnership to debut in the London Stock Exchange middle of June.

Nathan Tinkler agrees to a settle a US$12 million agreement with Blackwood Corp Ltd for a lawsuit filed against him for insolvent trading.

Two separate courts issued temporary restraining orders, restricting Royalty Pharma to bid for Elan.