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Caledonia Investments sells stake in TGE Marine for A 78.7m cash
2015-09-28 12:23:24| Trucking - Topix.net
Caledonia Investments has entered into a binding agreement for the sale of its stake in TGE Marine to MES Germany Beteiligungs, a wholly-owned subsidiary of Mitsui Engineering & Shipbuilding Co, for 106.9m, or A 78.7m in cash. The investment vehicle said the payment for its 67.9% stake in TGE will be made in cash, together with a pre-transaction dividend received of 7.5m, delivering total proceeds of 114.5m, or A 84.1m.
Tags: cash
marine
investments
sells
Dollar gains after Fonterra raises payout forecast, Guoxin commits to Christchurch investments
2015-09-24 08:34:52| Food - Topix.net
The New Zealand dollar rose after Fonterra Cooperative Group lifted its forecast payout to farmers, reducing the prospects of the rural sector slowing the economy, and after China's Guoxin International Co committed to raising some $3 billion to invest in the rebuild of Christchurch. The kiwi rose to 62.91 US cents as at 5pm in Wellington, from 62.63 cents late yesterday.
Tags: dollar
investments
gains
forecast
Beaufort Securities Reiterates Speculative Buy Rating for Legendary Investments plc
2015-09-20 21:32:02| Furniture - Topix.net
's stock had its "speculative buy" rating reaffirmed by Beaufort Securities in a research report issued on Monday, ARN reports. Legendary Investments plc remained flat at GBX 0.09 on Monday.
Tags: buy
rating
securities
investments
Canadas PSP Investments sells stake in Sydney Airport
2015-09-04 15:21:00| Airport Technology
Canada's Public Sector Pension Investment Board (PSP Investments) has offloaded its remaining stake, in Australia's Sydney Airport, amounting to 71.7 million shares in a A$405.8m deal.
Tags: psp
airport
investments
sydney
PSEG's New Jersey Investments Continue to Create Local Jobs
2015-09-02 21:54:00| Transmission & Distribution World
As Labor Day approaches, PSE&G reports that it continues to create thousands of jobs as it invests more than $10 billion to improve the state's energy infrastructure read more
Tags: local
create
jobs
continue
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