Codelco would sell its non-key assets to fund its investments after receiving only US$1 billion from the government.
Firm Management
Discovery Minerals finalizes merger and acquisition of Deer Park Development Corporation
Discovery Minerals, Ltd. completed its merger and acquisition deal with Deer Park Development Corporation on an all-stock deal.
Telenor appoints Petter Furberg as new CEO
Telenor appointed Petter Furberg as new CEO. Telenor Group named a new Chief Executive Officer for Telenor Myanmar. The company appointed Petter Furberg for the position, effective upon approval from relevant Myanmar authorities.
China's online corporation Cloudary withdraws US$200 million US IPO
Cloudary Corp, China's online company, would withdraw its IPO worth more than US$200 million due to the market's current condition.
Glenn Dubin of Highbridge is stepping down as CEO
Highbridge's CEO Dubin decided to step down from his position. Highbridge Capital Management executive Glenn Dubin is stepping down as CEO but will remain chairman of the firm worth around US$30 billion, according to Dubin himself.
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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.
EnVivo announced today that Dr. Deborah Dunsire is its new president and CEO. Deborah Dunsire, M. D. , was named by EnVivo Pharmaceuticals as its new president and chief executive officer.
Russia announced that it would lift its oil exports in Asia and consequently decrease the distribution for Europe.
JMI Equity announced today the promotion of six executives. JMI Equity, a growth equity company targeting software, internet, and technology businesses, announced six promotions in its company this Thursday.
In an attempt to turn around its decline, the Gulf Finance House said that it will use a new business model.
The majority stockholders of EasyJet backed the company's expansion plan despite the founder's resistance.
Michael Hession was appointed as new CEO of InterOil, effective July 1, 2013. InterOil Corporation announced today that Dr. Michael Hession will be its new Chief Executive Officer.
C. Larry Pope said that there would not be any change in management following the US$4.7 billion takeover deal of Smithfield Foods Inc by Shuanghui International.
