Stolt-Nielsen and Sungas were now the new co-owners of AGHL after Traspetrol used its call option to buy back its shares in the company.
Sectors
Solar investment to power up Gulf region
An estimated 84 megawatts of power will be generated after a pipeline investment is made in the Gulf region.
Argentina's Elsztain backs out of IDB investment
Investor Eduardo Elsztain withdraws his support for IDB Holding. (Photo : Reuters)This is Argentinian investor Eduardo Elszatain. Argentinian investor Eduardo Elsztain withdrew his planned backing of IDB Holding Corporation, a member of Nochi Dankner's portfolio of companies.
Capstone Infrastructure and Renewable Energy Agree to Exchange Shares
Capstone Infrastructure and Shares of Renewable Energy agreed to exchange shares to form a combined entity that was not only well-funded but also diverse.
Deutsche Bank Needs More Capital under Basel Proposal
To achieve the 3% leverage ratio target proposed by Basel, analysts claimed that Deutsche Bank still has to increase its capital or decrease its assets by 409 billion Euros.
Latest News
Tesla Motors’ stock continued to soar, reaching up to 250% this year so far. (Photo : Reuters)The image shows the logo of Tesla Motors, whose stock has been performing well lately.
Dayli, an Austrian drug store chain acknowledged that its neighborhood stores concept is not effective, and therefore filed for a restructuring on Thursday.
ECI has sold its portfolio company Clinisys to Montagu Private Equity. (Photo : Reuters)The image is the corporate logo of Montagu Private Equity. ECI Partners had sold off its healthcare IT portfolio company CliniSys to Montagu Private Equity.
Two food giants, Nestle and Danone faced China's probe on the food sector for unethical practices with price cuts on infant milk formula.
Mairs & Power Prepares for Bill Frels'Retirement (Photo : Reuters)This is the logo of Morningstar, who gave Mairs & Power Growth and Balanced funds a Silver Analyst Ratings under Bill Frels' leadership.
Temasek Holdings, an investment company belonging to the Government of Singapore, hold on to their stocks of China's top banks.
The FCA orders trading bans on three Portuguese firms due to market volatility. (Photo : Reuters)The image is a worker sprucing up the UK regulator Financial Conduct Authority.
Shipbuilder Rongsheng shares were stopped from trading in the Hong Kong Stock Exchange. (Photo : Reuters)The image is the Rongsheng Shipyard now under pressure.
Japanese bank ORIX acquired 90% stake in Robeco. (Photo : Reuters)The image shows the logo of Robeco Groep, an asset management firm where ORIX Corporation recently bought 90% stake in.
