More discussions between Rio and Glencore is said to have transpired after early talks were held for the venture of two thermal coal assets in Australia.
Industry
Numericable, French Cable Company, Plans IPO
According to sources, Numericable hired Rothschild to work on a Eur5 billion Paris Stock Market debut within the year.
SAC Hedge Fund Rivals Hope to Feast on Investor Redemptions
Five hedge fund rivals top the list of possible investment alternative firms after an estimated US$3 billion to US$4 billion outside money leaves SAC Capital Advisors by year end.
UPDATE: Clearwire Urges Acceptance of Dish Offer to Shareholders
Clearwire Corp's board has urged its shareholders to accept the offer proposed by Dish priced at US$4.40 over the US$3.40 offer from Sprint.
Severn Trent Bid Rejection Causes Ripples
Severn Trent rejection of the LongRiver consortium bid causes ripples in the mergers and acquisitions market as well as losses for hedge fund firms anticipating the buyout sale.
Latest News
According to a Wall Street Journal report, Carlyle Group seeks a hefty US$4 billion property fund, the biggest property fund since the financial crisis once gotten successfully.
Hewlett Packard's (HP) Indian unit faced a US$386 million order after the Indian customs department stated that the company has underpaid dues while importing spare parts and other products into India.
Within the past week, an informal takeover bid for Kabel Deutschland Holding AG was initiated by Vodafone.
The FTSE Emerging Markets index fell 1.7 % on Tuesday. (Photo : Reuters)The image is the flag of South America's largest economy, Brazil. FTSE declined from its peak last May to more than 10 percent.
Gemalto was chosen by SoftBank Mobile for the commercial launch of mobile NFC services in Japan. (Photo : Reuters)The image is the Softbank corporate logo on the frontage of its company headquarters.
Bank of America, Chase, CitiGroup and other big banks were given two years to comply with the Dodd-Frank requirement that pushed swaps trading out of banks.
Newcastle Investment Corp. announced today, a public offer of 30,000,000 shares of its common stock.
Berkley Properties and 601W Companies emerged in a partnership for the recapitalization of Chicago's Prudential Plaza.
Doug Suttles has three-decades of experience as an oil and gas veteran. (Photo : )Oil and gas veteran Dough Suttles (left) formerly of BP, is now CEO of Escana Doug Suttles preceded interim CEO Clayton Woitas.
