Corning and Samsung agree on buyback for joint venture

A share buyback worth USD1.9 billion was agreed upon between Corning and Samsung for the joint venture Samsung Corning Precision Materials Co.


New offers made for Kerimov's Uralkali stake

After the collapse of the Belarussian venture, Kerimov is considering offers from other parties as to his stake in potash producer Uralkali.

Riverstone Energy to increase IPO volume

According to demand, Riverstone Holdings would increase the IPO volume of Riverstone Energy. A demand from buyers for the minimum GBP670 million or USD1.

Birmingham City squelches rumors of sale

While there was an offer made for the club, Birmingham City management said that there were 'no immediate plans' to sell.


Latest News

Sideris Pharmaceuticals Inc received USD 32 million in capital commitments in its Series A funding round.
Legoland Dubai's main promoter is seeking to raise funds through an IPO set in the London Stock Exchange.
Wayfair LLC Chief Executive Officer Niraj Shah had disclosed that it would be holding a venture capital round soon.
Itqan Capital and partner D3 Consultants unveiled plans to launch an education-focused private equity fund in the Gulf region.
With its consortium, Petrobras leads to extract the oil from the Libra pre-salt mine. A consortium led by Petroleo Brasileiro SA had landed a license to develop the largest oil discovery in Brazil under terms that had exceeded projections.
A soon to be named company would comprise of 7,300 miles of pipeline and storage and trucking facilities.
Kior, the operator of the first US biofuel plant, had received financial commitments amounting to USD100 million.
With 90% of Canada Bread Co in Maple Leaf Foods Inc's name, the latter is seeking options for the divestment of the said asset.
French frozen baking industry leader Europeene des Desserts was recently bought out by Equistone Partners Europe Ltd's Fund IV.
Trinity Biotech purchases Lab21's blood bank screening unit for USD7.5 billion. In a recent move, Lab21 had sold its blood bank screening unit to Trinity Biotech for USD7.