CHS Inc announced that they have entered a joint venture with Ruralco Holdings to invest in the Australian grain origination and marketing company, Agfarm.
Sectors
Microsoft admits it can't compete with Google
Microsoft admitted that it could not vie against Google on price when it comes to selling cloud services.
Business Growth Fund completes investment of GBP40 million
Business Growth Fund announced that it has invested up to GBP40 million of its capital in companies around Manchester and Northern England.
Google's Chromecast benefits Apple too
Analysts said that Apple's investors should welcome Google's Chromecast because they would benefit through the dongle.
Shandra Games to acquire affiliates
Shandra Games announced that they plan to acquire affliates Shanghai Shengzhan Networking Technology Co., Ltd and Tianjin Shengjing Trade Co., Ltd.
Latest News
Google is expecting a revenue growth decline in the future as it shifts to a mobile operating environment.
Womai.com revealed that it had received financing from SAIF Partners, the details of the transaction, however, were not disclosed.
Perrigo Co is now in a waiting game as it waits for the decision regarding the acquisition of Elan Corp.
Copperbelt Energy Corp. announced that it planned to raise US$150 million from Dutch and German development-finance institutions and other creditors.
Rio Tinto revealed that it sold 80% of the Northparkes copper-gold mine to China Molybdenum for US$820 million.
OCI NV, the parent company of Osracom Construction Industries, announced plans to buyback shares in OCI S.A.E.
Perusa revealed that it sold its 85% stake in Kamman Maschinenbau to KBA. Perusa, a German private equity group, had exited its position in Kammann Maschinenbau.
Centric Wealth confirmed that its majority stakeholder, Champ Private Equity, intended to sell the company for around US$200 million.
Penske Automotive Group said that they are set to acquire Western Star Trucks Australia for US$200 million.
