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.
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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.
Carlyle raises another $517 mil in CLO funds
The Carlyle Group gained $517 million, making its total funds raised for the year to $1.7 billion. The Carlyle Group announced on Friday that it has raised $517 million in Collateralized Loan Obligation or CLO funds.
Concentric Completes Acquisition of Licos
Concentric AB announced the completion of its acquisition for Licos Trucktec GmbH. (Photo : REUTERS)The image shows employees working on water pumps. Today, Concentric AB announced the completion of its purchase for Licos Trucktec GmbH.
Anglo to Hire Banks for Sale of Brazil Project Stake
Anglo American Plc hired Goldman Sachs and UBS AG to sell as much as 49.9% of its biggest development project.
Latest News
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.
More than 300 investors gathered at the Premoney Conference in San Francisco. (Photo : Reuters )Investors betting on a rise in stocks, bonds and commodities advised to make preparation for a loud sucking sound in their portfolios next month.
India recently announced that it will raise the price of natural gas. (Photo : Reuters)The image is one of the largest coal mines in the world, operated by Coal India Ltd.
Western Cape said that it attracted R4.4 billion worth of foreign investments. (Photo : Reuters) The management of Western Cape announced today that has successfully attracted foreign investment worth R4.
