Tokai completes buy-out of Produflex
Rubber Journal Asia JAPANESE firm Tokai Rubber Industries, Ltd has completed the purchase of all the outstanding quotas of Brazil-based Produflex Minas Indústria de Borrachas Ltda. This is the second acquisition of automotive anti-vibration rubber manufacturers by TRI...
Spreadtrum Communications to be Acquired for $1.78 Billion
Wall Street Journal Spreadtrum Communications Inc. (SPRD) has agreed to be acquired by Tsinghua Unigroup Ltd. for about $1.78 billion, in a deal the China-based fabless semiconductor provider says will bolster its growth prospects. Shareholders will receive $31 per...
China’s Sinosteel in talks to acquire Nigerian steel mill
Reuters Chinese state-owned metals trader Sinosteel is in talks to take over a state-owned steel mill in Nigeria and expand its capacity to 5.6 millions tonnes from 1.3 million, Nigeria’s mining minister said on Thursday during a visit to Beijing. * Seeks to...
Rosneftegaz May Buy Inter RAO Stake
MOSCOW, Jun 24 (PRIME) — State-owned Rosneftegaz may buy part of the government’s stake in Russian power holding Inter RAO UES either this year or the next, Olga Dergunova, director of the Federal State Property Management Agency, told reporters on June...