Three mines of Arch Coal Inc to be sold off

Three mines owned by Arch Coal would be sold to Bowie Resources LLC. One of the most indebted US coal miners, Arch Coal Inc, has agreed to sell off three of its most profitable mines located in Utah for the price of US$435 million.


Investcorp expects GBP600 million from Skrill sale

Investcorp's Skrill sale made bankers prepare for debt investment of around GBP300 million or US$456.16 million.

China National Petroleum Corp Purchases Stake In Kashagan Oil Fields

China National Petroleum Corp pays out US$5 billion for a share in the Kashagan oil fields of Kazakhstan.

Fresenius' biotech unit is already sold

Fresenius sold its transplantation medicine and anti-cancer cell drug to Neopharm. (Photo : Reuters)The image is the front foyer of German healthcare giant Fresenius SE.


Latest News

David Neeleman is trying to put together $3.2 billion to regain JetBlue back and buy TAP-report (Photo : Reuters)Brazilian airline Azul owner, Davil Neeleman carrying a model plane.
Hochtief AG increases share investment in Leighton Holdings to 55%. (Photo : Reuters)The image is the corporate headquarters of Hochtief in Essen, Germany.
ReproCell share values, after an initial hiccup, rose exponentially from 3,200 yen per share to 18,300 per share.
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.
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.
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.
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 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 American Plc hired Goldman Sachs and UBS AG to sell as much as 49.9% of its biggest development project.
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.