Petroplus: rapid rise and fall of a refiner

Here is a look at the ups and downs of Petroplus as Vitol, the world's largest oil trader, teamed up with Marcel Van Poecke, Petroplus's co-founder, to buy the insolvent refiner's Swiss plant.


Faurecia to acquire Ford/ACH automotive interiors business in Saline, Michigan (USA)

Faurecia will acquire the Saline, Mich. (USA), interior components business. As part of its continued growth in North America and commitment to its long-term customer Ford Motor Company, Faurecia will acquire the Saline, Mich.

Deals of the day -- mergers and acquisitions

These bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported on Thursday.

Chery seeks $951 mln loan for Jaguar Land Rover JV

Chery Automobile Co Ltd, is in talks with banks for a roughly Rmb6bn ($951.3 million) loan for its joint venture with Jaguar Land Rover Ltd, sources said.


Latest News

Successful Silicon Valley media publisher to use funds to build teams & tech Zimbio Inc. , parent company of the fifth largest entertainment website Zimbio.
New round to accelerate Blueprint’s presence in USA, Europe and Asia Pacific Blueprint™, a global leader in requirements definition and management software, today announced the completion of a growth capital round of funding totaling $15.
Company to Use Investment to Accelerate its Customer Acquisition and Practice Management Platform Total Attorneys, the legal industry's leading customer acquisition and practice management platform, today announced the closing of a $15 million growth capital investment.
Hyatt Regency brand establishes significant Latin America presence with purchase of Hotel Nikko Mexico, which will be rebranded Hyatt Regency Mexico City
ARC Shopping Center REIT In, through its joint venture, PECO-ARC Institutional Joint Venture I, LP, has closed on the acquisition of an 111,924 square foot Publix-anchored shopping center.
Private equity-backed EverBank Financial Corp cut the size of its initial public offering by 24 percent, a day before the company was expected to go public.
Kewill Plc said it had agreed to be taken private by tech-focussed private equity firm Francisco Partners Funds in a deal that values the British software company at 89.5 million pounds ($145.17 million).
Navis Asia Fund IV has sold its stake in Chinese garment label firm Trimco International to Switzerland's Partners Group, making a 10-fold return.
Deal to buy Charming Shoppes valued at $857.2 mln Women's clothing retailer Ascena Retail Group Inc will buy Charming Shoppes Inc for $857. 2 million in an all-cash deal that will expand its plus-size clothing portfolio.
India-focused private equity firm Jacob Ballas has invested $38 million in Marg Karaikal Port. India-focused private equity firm Jacob Ballas, backed by New York Life International, has invested $38 million in Marg Karaikal Port, a unit of MARG Ltd , for a minority stake, the south Indian infrastructure firm said on Wednesday.