Samin Tan agrees to US$223 million deal for Bumi Plc

Samin Tan agreed to buy Bumi Plc shares for US$223 million Coal tycoon Samin Tan has agreed to a US $223 million deal that would elevate his stakes in Bumi Plc to over 47%.


Schneider Electric in talks with Invensys for possible US$5 billion takeover

Schneider Electric announced that they are in early talks to buy Invensys for US$5billion. Schneider Electric announced that they are in early talks to buy Invensys Plc.

Mexico’s dominant brewers warned against duopoly

Two of Mexico's brewers gets a warning against a possible duopoly. Mexico's Federal Competition Commission issued a warning to two of its biggest brewers to open up the market to other competitors or face heavy penalties.

Storage and memory solutions company opens R&D facility in Taiwan

SMART Modular Technologies open research and development facility in Taiwan. SMART Modular Technologies Inc. today announced that it has opened its first facility in Taiwan.


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The investment company employs Peter Kotz, who has over 18 years of solid work experience. Gladstone Investment Corporation employed a new Managing Director for its Chicago office.
Sinosteel was in talks with Nigerian ministers for about US$6 million worth investment in Nigerian steel mill.
Comprehend secures US $8.4 million to fund expansion projects. Comprehend Systems, Inc has joined Sequioa Capital in securing US $8. 4 million series A funding, which will be used to finance the enhancement and development of its clinical data insights software.
Doric Assets speeds up the acquisition of A380 jets to cater to the needs of its clients. Demand for more A380 airbuses from commercial carriers prompted Doric Assets Finance Ltd.
Enstar Grouped acquired Torus Insurance in a US$692 million agreement. Enstar Group announced today that it acquired Torus Insurance for US$692 million.
Russia announced that it would lift its oil exports in Asia and consequently decrease the distribution for Europe.
Pfizer invests in two plants in Ireland. A company restructuring in Pfizer's two plants went underway as the pharmaceutical giant announced that a US$130 million investment is heading their way.
According to Alstom's estimates, by 2020, the grid businesses would spend US$64.3 billion for new equipment.
Asia Pacific Investment House invested in St. Kitts & Nevis' Paradise Haven. (CORRECTION: Updated facts related to the investment done in Paradise Heaven.
Philippines' largest company gets offers to purchase its shares in bank and power company. San Miguel Corporation (SMC) confirmed that it obtained offers to buy its shares in its electricity and banking businesses.