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Turquoise Hill lines up US$4.4 billion from syndicate including EDC, CIBC
2015-12-15 13:10:33| Grocery - Topix.net
Turquoise Hill Resources has lined up US$4.4 billion of financing from Canada and several other countries to fund the restart of a major copper mining project in Mongolia. Financial backing for the Oyu Tolgoi underground project will come from a syndicate that includes Export Development Canada and Canadian Imperial Bank of Commerce .
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Sumitomo Mitsui to Buy GE Japan Leasing Arm for $4.8 Billion
2015-12-15 12:10:50| Grocery - Topix.net
Sumitomo Mitsui Finance & Leasing Co. agreed to buy General Electric Co.' s Japanese leasing business for about $4.8 billion, rounding off the country's biggest year for acquisitions since 2012.
Micron to Pay $4 Billion for Remaining Stake in Inotera
2015-12-15 02:51:15| Semiconductors - Topix.net
Memory chip vendor Micron Technology Inc. said Monday it signed an agreement to acquire the remaining interest in Inotera Memories Inc., its Taiwanese DRAM joint venture with Nanya Technology Corp., for about $4 billion. Micron already owns roughly 33% of Inotera.
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Pork Commentary: Country of Origin Retaliation Amount $1.1 Billion
2015-12-15 01:00:00| ThePigSite - Industry News
CANADA - Last week the World Trade Organization (WTO) set the retaliation amount that Canada and Mexico can place on American products in response to US Country of Origin Labelling (COOL) law at $1.1 billion.
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Dell Looks to Sell Perot Systems for More Than $5 Billion to Raise Cash for EMC Deal
2015-12-14 22:48:48| IT Services - Topix.net
Dell is looking to sell Perot Systems, a key piece of its technology outsourcing business, for more than $5 billion, sources tell Re/code . The hardware technology giant, led by CEO Michael Dell and private equity firm Silver Lake Partners, is altogether trying to raise $10 billion by selling non-core assets to help reduce the level of debt it will incur when it completes its acquisition of EMC .
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