ThyssenKrupp, because of declining demand and low priced competition, is selling off assets in the Americas to
Investors
Strategic Partnership between Yakult and Danone Dissolved
Yakult and Danone dissolves its strategic partnership. Yakult Honsha Co Ltd, the Japanese health drink manufacturer will dissolve its tie up with Danone SA of France.
Charter Hall to Invest Aus$1.3 billion
Charter Hall plans to invest money for acquisitions and list publicly REITs. The owner of Sydney's more than century old General Post Office building, Charter Hall Group, is planning to purchase Aus$1.
Clean Line Energy Partners Acquires Power Network New Mexico
Clean Line purchases the Power Network for an undisclosed amount. An agreement has been signed between Clean Line Energy Partners LLC with Power Network New Mexico for the acquisition of a proposed 200 mile 345 kilovolt transmission line.
Archer-Daniels-Midland Purchases GrainCrop Ltd.
ADM purchases Australia's GrainCrop for US$2.3 billion. The world's largest corn processor, Archer-Daniels-Midland Co finalized an agreement from GrainCorp Ltd for the purchase of the rest of the Australian crop handler's business and assets.
Latest News
Dynamic Yield raises US$2 million in Series A funding. Dynamic Yield announced today that it was able to raise $2 million in its Series A funding round.
The Greece National Bank would be selling 12% of its share offering to private placement. The largest lender in Greece, the National Bank, is aiming to sell at least 12% of its Eur9.
Glass Lewis joins ISS in supporting the split of Timken into its bearings and steel businesses. Glass Lewis, the activist proxy advisory firm, had told its Timken Co shareholders that the non binding proposal to break up the company's ball bearings and steel business is a good move.
GSK to sell off Lucozade and Ribena. GlaxoSmithKline (GSK) is going to sell its soft drink brands Ribena and Lucozade. The decision may result in GBP1.
In a warning report, Reuters has found that debt issuances by companies have reached near 2007 levels.
Noble Investment Group exceeds investment funding target. The Noble Investment Group was very pleased to disclose the success of its latest investment fund round.
Vaportherm receives US$29 million for its financial round. In a press release, it was disclosed that Vaportherm closed a US$29 million financial round last 12th of April 2013.
Rwanda prices Eurobond offer capped at US$400 million. The Republic of Rwanda, with a rating of B/B has offered to the market a ten year Euro denominated bond with a reoffer price of Eur98.
Continental Grain Co has criticized the continuous reply of Smithfield Foods. One of the biggest shareholders in Smithfield Foods Inc, Continental Grain Co has urged the meat company to add three new directors to its existing board.
