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POSCO likely to withdraw bid for Dongbu package deal

2014-06-17 13:02:20| Steel - Topix.net

POSCO is likely to abandon its bid to acquire Dongbu Incheon Steel and Dongbu Dangjin Plant - two facilities belonging to the troubled Dongbu Group - following the unexpected downgrade of its credit rating last week by local assessment agencies.

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GLOBAL: Anheuser-Busch InBev signs barley deal with Syngenta

2014-06-17 12:41:26| Daily beverage news and comment - from just-drinks.com

Anheuser-Busch InBev's malting barley suppliers are to have access to "superior-yield" crops after the brewer signed a deal with a Swiss chemicals firm.

Tags: global deal signs barley

 
 

BP to sign 11.8bn deal with China

2014-06-17 10:56:05| BBC News | Business | UK Edition

BP will sign a deal with China National Offshore Oil Corporation worth about 11.8bn to supply liquefied natural gas, says chief executive Bob Dudley.

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Covidien Hillsborough plant appears to be on track as $43B deal unveiled

2014-06-16 21:11:58| Industrial Machines - Topix.net

Medtronic's $42.9 billion proposal to buy Covidien doesn't appear to be having an impact on Covidien's plans to build a medical device manufacturing facility in Hillsborough County.

Tags: track deal appears plant

 

EU set to approve Telefonica, E-Plus deal - report

2014-06-16 17:54:00| Telecompaper Headlines

(Telecompaper) EU anti-trust regulators will approve Telefonica's proposed takeover of German rival E-Plus after it pledged to give up one fifth of the combined group's network capacity to MVNOs, reports Reuters citing unnamed sources with knowledge of the matter. One source said that the EC would clear the deal, with others adding that the aim was to create up to three MVNOs to replace E-Plus. After merging E-Plus and O2, Telefonica will be expected to lease at least 20 percent of the combined group's network capacity to MVNOs, the report said. Similar conditions were imposed when 3 Group acquired Orange Austria and O2 Ireland. 

Tags: set report deal approve

 

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