Licensing rights would be purchased by Grupa Lotos SA. The second largest refiner in Poland, Grupa Lotos SA, had entered into an agreement to purchase Centrica Plc's oil and gas exploration assets located in the Norwegian side of the North Sea.
Investors
Coho Data raises USD 25 million in Series B round
Ignition Partners led the Series B round for Coho Data which raised USD 25 million. Canada-based Coho Data was able to secure USD 25 million in its Series B round.
OSX Brazil bondholders to work with AlixPartners on OSX claim
Eike Bautista's OSX Brazil is to discuss details with last bankrupt employees since this whole morning.
Anglo American's Kumba unit seeking agreement on raw materials
Exclusive rights to supply material provided by Anglo American Plc's formalized. The Kumba Iron Ore unit of Anglo American Plc had agreed to formalize an agreement to provide raw material to ArcelorMittal South Africa Ltd.
Top deals of the day - M&As
The following bids, mergers, acquisitions and disposals were reported on Tuesday. The following bids, mergers, acquisitions and disposals were reported on Tuesday.
Latest News
PPF Group NV agreed to purchase Telefonica Czech Republic's majority shareholdings. The PPF Group NV of billionaire Petr Kellner had agreed to purchase the controlling stake in Telefonica Czech Republic.
Advantage Rent a Car was hived off by Hertz to comply with regulatory authorities. Advantage Rent A Car would be filing for bankruptcy after Hertz had terminated lease agreements over vehicles that Advantage was able to use in its operations.
Lada is set for major developments, such as the appointment of its first non Russian CEO. Bo Andersson was recently appointed by OAO AvtoVAZ as its new CEO.
The Delaware Chancery Court is the venue for the hearing between Cooper Tire and Rubber Co against Apollo Tyres Ltd.
American Realty is set to have a total of USD15 billion in acquisitions in the near future, Currently, Nicholas Schorsch has his hands full, as his firm American Realty Capital Properties Inc, had nearly USD5 billion in takeovers and his share price declining by 20%.
Twitter's share price increase shows the divestiture of the conservative approach to IPO management.
BlackBerry's cash reserves may only last until 2014. Beleaguered smartphone maker BlackBerry had planned to issue convertible notes worth USD1 billion after the collapse of its Fairfax Financial Holdings bid.
IntercontinentalExchange Inc Chief Executive Jeff Sprecher said on Tuesday that he expected the consolidation between his company and NYSE Euronext be completed within days.
3i pays EUR165 million for the 49% stake of Allianz Capital Partners in Scandlines. 3i, the private equity investor, had bought out the co-owner of its ferry group Scandlines.
