Basic Materials

Starwood Capital Group clinches Liberty Center for USD 135 million

Starwood Capital Group clinched the sale of Liberty Center for USD 135 million from Forest City Enterprises and Jos Muscarelle.

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Canada's BioteQ signs venture deal with Jiangxi Copper Company

BioteQ Environmental Technologies Inc. announced that they have agreed Jiangxi Copper Company to set up a water treatment facility at the Yinshan Mine site.

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UC Funding grants USD 9.94 million acquisition bridge loan to VA developers

UC Funding granted a USD 9.94 million bridge loan to real estate developers in Norfolk, VA.

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Berkeley Group and Wellcome Trust launches joint venture

Berkeley Group and Wellcome Trust announced that it has created a joint venture to invest in English properties.

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US recovery augurs well for diamond investors: analyst

A mining analyst said that improved consumer sentiment in the US is a good sign for diamond investors.

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China Molybdenum acquires controlling stake in Australia's Rio Tinto

Rio Tinto revealed that it sold 80% of the Northparkes copper-gold mine to China Molybdenum for US$820 million.

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Ashland Considers Divestment of units with US$2 Billion Revenue

Ashland Inc may opt for divestment of elastomers and water-treatment businesses.

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Graña y Montero raises US$413 in their IPO

Graña y Montero revealed that it had raised up to US$413 million in their IPO.

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US home sales on the rise

New sales of homes in the U.S. rose by 8.3% despite higher mortgage rates.

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Mediterranean Investments Holding Plc to sell stakes to fund Libyan project

Mediterranean Investments Holding Plc announced that it is considering a London IPO to raise EUR100 million.

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Chatham produces US$1.60 million in its IPO

Chatham announced that the net proceeds they got from their IPO did not meet its expectations of US$4 million.

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Ferragamo considered as luxury target after US$2.6 billion Loro Piana deal

Salvatore Ferragamo SpA and Tod's SpA were expected to pursue growth through deals with LVMH and Gucci-owner Kering SA.

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BV is now ECRM's major shareholder

Efficient Collaborative Retail Marketing announced that BV Investment Partners is ECRM's majority shareholder.

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Loro Piana Brothers Emerge as Billionaires After Selling Italian Cashmere

LVMH Moet Hennessy Louis Vuitton SA bought 80% of Loro Piana SpA making the brothers who led the company billionaires.

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NSW State Aims To Sell Heritage Buildings

The NSW state government expressed their intent to sell heritage building in Sydney

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