Investors
Sinopec Group and Sinopec to Create JV
Mother company and subsidiary would form a joint venture partnership to boost profitability. A joint venture would be set up between China Petroleum and Chemical Corp and its mother company.
Cyprus Deal Closes Bank and Force Losses
The Popular Bank of Cyprus would be shut down and funds be put into rehabilitation of Bank of Cyprus according to last ditch bailout plan agreed upon by the government and lending institutions.
Dell's Special Committee Evaluating New Bids
Dell reviewing Icahn and Blackstone offers against the Silver Lake/Dell offer. Currently, the special committee of the Board of Directors of Dell Inc is reviewing the takeover bids submitted by the Blackstone Group and billionaire Carl Icahn.
DP World Focuses on LatAm and Africa for Business
DP Chairman confirms move from US markets to Latin American and African countries for port business.