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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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DeepWell AS

Norwegian private equity firm HitecVision invests in DeepWell

Norway-based private equity group HitecVision has announced a growth capital investment in well intervention services provider DeepWell AS in a deal that marks HitecVision's entry into the well intervention industry.

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Huntington Ingalls Industries

Huntington Ingalls buys Colorado-based firm Stoller

Newport News, Virginia-based nuclear services provider Huntington Ingalls Industries has picked up Broomfield, Colorado-based environmental engineering company SM Stoller Corp in a deal, of which financial terms were undisclosed.

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Oil and Natural Gas Corp (ONGC)

India's ONGC to spend $9 B in the next decade for oil, natural gas production

Oil & Natural Gas Corp or ONGC said it would be spending about $9 billion in the next ten years to produce oil found in new blocks in the east coast of India.

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