Jindal Steel to commission 2-MTPA steel plant in Oman in Oct

Jindal Steel to commission 2-MTPA steel plant in Oman in Oct

The Economic Times 30 June 2013 NEW DELHI: Jindal Steel and Power plans to commission a 2 million tonnes per annum (MTPA) capacity plant in Oman in October, which the company claims would be the largest steel plant in the Gulf region. “In Oman, we are...
Adobe Acquires Neolane for US$600 Million

Adobe Acquires Neolane for US$600 Million

Ivcpost.com 27 June 2013 Adobe Systems Incorporated said that the company has agreed to acquire privately held Neolane. The latter operates as a software platform for managing digital marketing campaigns. The deal was priced at US$600 million in cash. Adobe Systems...
Aspen Pharmacare agrees Merck plant acquisition

Aspen Pharmacare agrees Merck plant acquisition

Financial Times 27 June 2013 Aspen Pharmacare has agreed to buy a manufacturing plant from Merck of the US as part of a $1bn deal, as the South African group builds up its global presence. Aspen said the transaction would involve it taking over a plant in the...
Telefónica to Sell Irish Unit to Hutchison Whampoa

Telefónica to Sell Irish Unit to Hutchison Whampoa

The Wall Street Journal 25 June 2013 Telefónica SA agreed to sell its Irish business to a subsidiary of Hong Kong’s Hutchison Whampoa Ltd. for up to €850 million ($1.1 billion) as the Spanish company continued shedding assets. For the Hong Kong conglomerate, the...
Beijing Enterprises Group will buy China Leason for HK$2.4B

Beijing Enterprises Group will buy China Leason for HK$2.4B

Reuters HK 26 June 2013 Beijing municipal government backed Beijing Enterprises Group Company Lt. announced on Wednesday that it would pay HK$2.4B (around $3.1B) to buy the new shares of China Leason, a company specializes in the natural gas exploitation. The shares...