SBM Offshore, along with its partners, has signed a $3.5 billion contract from Brazilian oil firm Petrobras to construct two oil platforms.
Investors
LDK Solar Sells More Shares to Fulai
LDK transfers more shares under a purchase agreement with Fulai. LDK Solar Co's share values has declined nearly three fourths since 2012 and has now sold additional shares to Fulai Investments at discounted rate of 30% of value from last month.
Warren Buffet to Become Major Goldman Sachs Shareholder
Warren Buffet, an American businessman, will become one of the ten largest shareholders in Goldman following a deal he signed with the bank to exchange his profits on warrants for stock.
Grupo Rede Buyout by Rivals Pursues Despite Bondholder Opposition
The buyout of Brazilian power holding firm Grupo Rede Energia SA by rivals SA is unlikely to be prevented by opposition from foreign bondholders, several sources familiar with the matter told Reuters.
Deloitte Discusses Roland Berger Takeover in Advance
Deloitte is said to have discussed in advance its plan to buy Germany's Roland Berger Strategy Consultants
Latest News
CVC Capital partners would be selling off its shareholdings in the Belgian Postal Service or Bpost. CVC Capital Partners, the private equity group, is now preparing to sell to the market twenty five to thirty percent of the Belgian Postal Service.
KKR has agreed to sell to Temp Holdings its interest over Intelligence Holdings. KKR & Co has entered into an agreement to sell Intelligence Holdings for 68 billion yen or US$721 million.
Armada Hoffler Properties Inc. is planning to raise $201.3 million from IPO as it hopes to become an REIT.
Armada Hoffler Properties has filed documentation to lead the way to an IPO. Armada Hoffler Properties Inc, the US real estate company, has filed with regulators to raise nearly US$201.
Shell says China approves a product-sharing contract for the share gas block in Sichuan. Royal Dutch Shell has received approval from China for a production-sharing contract for the Fushun shale gas block in the southwestern province of Sichuan as it steps up drilling activities in the Asian country.
After so many years, the two major firms namely Roland Berger and Deloitte have been talking merger.
Next Media's pending sale was held back by protests and other hindrances. Jimmy Lai, the Hong Kong billionaire, has offered his Taiwanese newspaper and magazine for sale but did not push through.
Cerberus has grandiose plans for Seibu, such as relisting after three years and expanding its shareholdings in the company.
A year ago, Sharp announced Foxconn would purchase shares but a year later, no agreement has been forged.
