ENRC founders and the Kazakh government offered a mix of cash and share to acquire ENRC valued at GBP3.04 billion and shares at Kazakhmys Plc.
Industry
Australian investors scared of Chinese investment frenzy
According to a poll, Australians are scared of 'too much' Chinese investments in their country.
FCC's Alpine Bau faces break up due to insolvency
Alpine Bau, the insolvent arm of Spain's construction group FCC, could break up with the failure of last-ditch talks to save the company.
Vodafone finalizes acquisition of Kabel Deutschland
Vodafone Group Plc had finalized a preliminary agreement to purchase Germany's largest company Kabel Deutschland Holding AG.
Russia’s Pharmstandard to sell OTC drug business - sources
Russia's biggest drug manufacturing company, OAO Pharmstandard (PHST), intends to sell its over-the-counter medicine business.
Latest News
As its debt drew near, Dubai increased asset sales to pay its US$30 billion worth of debt next year and another US$9.6 billion debt by 2015.
Telefonica SA agreed to sell its Irish arm to Hutchison Whampoa Ltd priced at Eur850 million. (Photo : Reuters)The image is Telefonica's logo. Spain's largest telephone company, Telefonica SA agreed to sell its Irish unit to Hutchison Whampoa Ltd.
Vodafone agreed to acquire Kabel Deutschland priced at Eur7.7 billion and would be the biggest deal since 2007.
New Zealand's Synlait Milk Ltd. planned a share sell off and an IPO to raise a total of NZ$120 million making it end the majority stake held by China's Bright Dairy.
TA Associates announced acquisition of a minority stake in Fractal Analytics through a US$25 million investment.
Prof. Jacob A. Frenkel was named the new chief of the Bank of Israel replacing former bank governor Stanley Fischer.
Billionaire Kumar Mangalam Birla's daughter Ananyashree Birla offered credit to women in villages in Maharashtra state.
Two sources told Reuters on Sunday that Vodafone proposed a new bid for Kabel Deutschland early on Monday.
Lloyds Banking Group asked for a two year extension from the European Commission for the sale of its 631 branches.
