UK plastic supplier RPC Group adds Bosnian firm Helioplast in $13M deal

England-based rigid plastic packaging products supplier RPC Group PLC has added Bosnia and Herzegovina-based injection molder Helioplast d.o.o. in a deal valued at £8.4 million ($13 million).

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Anhui Conch Cement Co

China's Anhui Conch Cement to add to capacity through acquisitions

As the Chinese government plans to consolidate production, Anhui Conch Cement Co said it plans to increase its capacity to 30 million metric tons through acquisitions, Bloomberg reported.

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Panama Canal

Panama Canal Authority, Spanish-led consortium to keep $7B Panama Canal expansion project running

The Panama Canal Authority and a building consortium led by Spain's Sacyr Vallehermoso SA on Tuesday agreed to put up at least $100 million each to keep the Panama Canal expansion project running. The two parties are at odds over who should pay for $1.6 billion in project cost overruns.

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Sweden's Sandvik agrees to purchase Texas-based Varel International Energy Services

Sandvik, a high-technology engineering firm based in Sweden, has agreed to buy Texas-based Varel International Energy Services for a price tag of about $740 million.

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SandRidge Energy Inc

Fieldwood shells out $750M to acquire Sandridge unit in Gulf Coast

Houston, US-based firm Fieldwood Energy LLC, a portfolio company of Riverstone Holdings LLC, bought the Gulf Coast unit of Oklahoma-based firm SandRidge Energy Inc in a deal valued at $750 million.

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Bourbon SA

Paris's Bourbon sells vessels to China's ICBC Financial Leasing

Bourbon, a Paris-based operator of supply and crew ships for the oil industry, sold a dozen vessels to China's ICBC Financial Leasing as part of its plan to make a dent on its debt, Bloomberg reported.

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Coal India Ltd

State scraps plan to sell Coal India stake -FinMin

The government of India has cancelled its plan to divest a 5% stake in state-owned miner Coal India Ltd due to persistent opposition from trade unions, according to a finance ministry official.

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Arle Capital Partners Ltd

UK firm Arle Capital eyes sale or listing of oil business -report

London, UK-based private equity group Arle Capital Partners is planning either an exit or a listing of its British oil services company Expro this year, according to a report citing inside sources.

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Wijaya Karya (WiKa)

Indonesian state-controlled builder Wijaya Karya completes Sarana Karya buy

Indonesia-based state-run builder Wijaya Karya (WiKa) completed the purchase of state-controlled asphalt manufacturer Sarana Karya in a deal that is expected to support WiKa's expansion projects.

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Cahya Mata Sarawak Bhd (CMS)

Malaysia's Cahya Mata Sarawak Bhd partners to build Southeast Asia's first integrated phosphate complex

Malaysian firm Cahya Mata Sarawak has agreed to work with various companies to build the first integrated phosphate facility Southeast Asia, the Daily Express reported.

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United Technologies Corp

Canada, United Technologies Corp revive $4.7 billion Sikorsky helicopter deal

Canada resurrected a $4.7 billion agreement to buy Sikorsky helicopters from United Technologies Corp which Ottawa nearly scrapped due to delays and complications it encountered, Reuters reported.

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Braskem SA

Argentine market regulator CNV rejects Braskem's bid for Solvay Indupa

Argentina's stock regulator CNV on Friday rejected Braskem's $1.35 per share bid to buy roughly 30% of the shares of plastics maker Solvay Indupa that are traded on the Buenos Aires bourse. CNV said that the offer was below Solvay Indupa's book value of $2.81 per share as of September.

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Fortress Investment Group

Fortress Transportation and Infrastructure Investors plans up to $100M IPO

A regulatory filing showed that Fortress Transportation and Infrastructure Investors intends to raise up to $100 million in its initial public offering in New York, Reuters reported.

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SP AusNet

Chinese firm concludes acquisition of SP AusNet stake

The State Grid Corp of China officially completed the $7.5-billion purchase of interests in Australian power firms SP AusNet and Jemena from utilities group Singapore Power.

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Chen Guangbiao

Oddball Chinese magnate looking to buy the New York Times

45 year-old recycling magnate Chen Guangbiao, whose charity works and publicity stunts are more known rather than his business sense, has claimed that he will be extending an offer to acquire the New York Times Co for $1 billion.

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