Anglo American Plc hired Goldman Sachs and UBS AG to sell as much as 49.9% of its biggest development project.
Archives
Direct ChassisLink buys Hyundai Merchant's chassis fleet
Littlejohn's DCLI acquires the chassis fleet of Hyundai Merchant Marine. (Photo : Reuters)This is a cargo ship in operation. Hyundai Merchant Marine sold its chassis fleet operations in North America to Direct ChassisLink.
Subsidy increase does little to appease renewable energy investors
Investors in the wind farm industry and renewable energy sector are still doubting the stability of the market even after a 10% increase in subsidy.
Wynnchurch Capital invests on Detroit Tool
Detroit Tool Metal Products will gain investments from owner Wynnchurch Capital. (Photo : Wikkimeida Commons)Los Angeles-based Reliance Steel & Aluminum has acquired Sunbelt Steel, Texas.
Bankrupt Suntech extends forbearance agreement
Suntech extended its forbearance agreement with its bondholders. (Photo : Reuters)The image is the frontage of the corporate headquarters of Suntech. Chinese solar energy and systems manufacturer Suntech Power Holdings Company extended a forbearance agreement with what it says as "a majority" of its unpaid convertible bond holders.
Latest News
According to a WSJ report, China is set to appoint Ding Xuedong to be the new head of China Investment Corporation.
Clearlake Capital Group acquired North American Rental and Tubular Services from Archer Limited. (Photo : Reuters)The image is a gas meter commonly found in natural gas field processing plants.
Arch Coal agreed to let go of Canyon Fuel as part of its growth strategy. (Photo : Reuters)The image is a coal mine in production. Arch Coal gave up its operations in Utah as it agreed to sell Canyon Fuel Company to Bowie Resources.
TPG is looking to either buy Cerberus Capital's shares in Seibu or purchase new ones. (Photo : Reuters)This is the logo of TPG group. TPG, a private equity firm from the United States, eyed Seibu Holdings as its next investment project.
Replicon raised $20 million in its latest round of investment. (Photo : Reuters)This is the logo of Replicon. Cloud based spreadsheet and time tracker software Replicon announced that it received $20 million in its Series A fundraiser.
Lixil acquired American Standard in a $542 million buyout. (Photo : Reuters)The image is a sample of an energy efficient kitchen. ASD Americas Holding Corp will be bought by Lixil Group Corp.
Swiss bank UBS remains on top of Asia-Pacific equity capital market through the boom in Southeast Asian countries.
Brevan Howard's trader who was supposedly involved in Libor investigation left the hedge fund. (Photo : Reuters)Citigroup official logo On Thursday, hedge fund, Brevan Howard, disclosed that it lost a trader who is supposedly associated with a large scale rate-rigging scandal.
Air Canada terminates a tender offer to buyback some bonds after Fed Chairman triggered sell off. (Photo : Reuters)Air Canada jets as they get ready to take off.
