State-owned Mubadala Development Co and Amsterdam-based Trafigura Beheer submitted joint bids for Eike Batista's MMX Mineracao & Metalicos.
Deals
Francesca outshines Lululemon in luring private equity bids
Women's boutique retailer Francesca's Holdings Corp. has ousted Lululemon as the most attractive company to date to land private equity bids.
Joint ventures boost SAIC Motor profits
The partnerships of SAIC Motor Corp with Western car manufacturers helped boost its sales for the first half of this year.
Philippine regulator declares failed bidding for LRT 1 extension project
A Philippine regulator said that the bidding for the LRT Line 1 Cavite extension project had failed.
Tanzania signs USD 111 million oil palm joint venture agreement with Singapore's Nava Bharat
Tanzania's National Development Corporation signed a joint venture agreement with Nava Bharat of Singapore for an oil palm farm and processing facility.
Latest News
Wesfarmers Ltd was able to gather AUD 304 million through a lease securitization deal with a special purpose entity.
RHJ International had said that Germany's banking regulator would probably give its decision on its planned acquisition of BHF-Bank by September's end.
Carrefour posted improved profits in the first half of 2013 despite discontinuing a number of operations.
Founders of ENRC announced that investors had already accepted up to 94.5% of its buyout offer. Founders of the Eurasian Natural Resources Corporation (ENRC) announced that investors had already accepted 94.
Playtech said it intended to spend more than EUR 600 million for acquisitions to capitalize on the increased use of mobile devices for online betting.
Vivendi CFO said the company still plans to complete the sale of its Moroccan unit this year. French multinational mass media and telecommunications company Vivendi said that it is still aiming for the sale of Maroc Telecom by the end of 2012.
The purchase of Elster helped Melrose Industries increase its revenues for the first half of this year.
Taiwan-based Advanced Semiconductor Engineering Inc would be selling convertible bonds to raise USD 400 million.
German insurance firm Allianz announced that it is nearing a deal to outsource its information technology services.
