Australia's Primary Health Care to bring down loan interest costs in a AUD 1.25 billion refinancing agreement- sources

Sydney-based medical services provider Primary Health Care is cutting down loan interest costs on a AUD 1.25 billion refinancing agreement, according to sources interviewed by Bloomberg.


M&C Saatchi exits Walker Media stake for GBP36 million

UK-based advertising firm M&C Saatchi divested a controlling stake of 75.1% in Walker Media for GBP36 million. M&C Saatchi sold its holding to French multinational advertising and public relations company Publicis.

Lufthansa Technik in talks to sell aircraft maintenance facility in Ireland

US-based aviation investment firm Cloud Investment Partners is mulling over a possible takeover of Lufthansa Technik's aircraft maintenance facility in Ireland. Lufthansa Technik Airmotive Ireland is a target of a possible shutdown.

Agarwal disappointed about his USD8 billion investment in aluminum

In an interview with Bloomberg TV India, billionaire Anil Agarwal expressed his disappointment about the outcome of his INR500 billion or USD8 billion investment in his aluminum business, and even commented that doing business in India is more difficult than elsewhere.


Latest News

Both Archer-Daniels-Midland Co. and GrainCorp Ltd expressed their disappointment over the ruling of Australian Treasurer Joe Hockey regarding the US corn processor's takeover of one of the largest crop handlers in Australia.
Italy-based Barilla family, the founders of the biggest company pasta in the world, have shelled out USD25 million to acquire a South Island dairy farm.
Gaelectric has received a funding of over EUR90 million from Irish and German sources for its third operating wind farm project in Dunbeg. Earlier this year, the wind farm company nabbed EUR65 million in debt financing.
Chile-based drug firm CFR Pharmaceuticals promised a 25.1% stake for its black shareholders should the acquisition of local pharmaceutical company Adcock Ingram be approved, in line with South Africa's black economic empowerment (BEE) codes.
A Bloomberg report cited officials from India's Finance Ministry who said the government plans to sell some of the stakes it holds in ITC Ltd, Axis Bank and Larsen & Toubro in order to gather funds.
France's two largest petroleum and electric utility firms are vying to develop two 500-megawatt wind projects near Le Treport in France. The French government opened the bidding earlier this year to attract investments of about EUR3.5 billion.
Dublin-based aircraft management firm Amentum Capital Ltd has sold a 25% stake in its business to Tokyo-based investor Financial Products Group (FPG)for an undisclosed amount.
The largest clothing retailer in the US is set to enter the Indian market through a joint venture with Arvind Brands, according to sources interviewed by The Economic Times.
Information, communication and technology (ICT) solutions provider Tech Mahindra is holding a board meeting on Friday to consider a merger with engineering firm Mahindra Engineering Services.
A report from The Wall Street Journal said the government of Canada is in discussions with Northleaf Capital Partners and HarbourVest Partners to manage a portion of the funds it has set aside for venture capital investment.
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