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Suzuki says to buy back Volkswagen stake for up to $3.9 billion
2015-09-16 11:50:29| Automakers - Topix.net
Suzuki Motor Corp is buying back the 19.9 percent stake held by top shareholder Volkswagen AG for up to $3.9 billion, after an international arbitration court last month ordered the German automaker to sell its holding. The Japanese automaker said it will repurchase on Thursday as many as 122.77 million shares at Wednesday's closing price of 3,842.50 yen per share for up to 471.74 billion yen via the Tokyo Stock Exchange's off-hours trading system before the market open.
Altria: The Rumor Mill For SABMiller Heats Up
2015-09-16 08:03:30| Beverages - Topix.net
Shares of Altria rose over 3% on Tuesday after rumors emerged that Anheuser-Busch InBev could be interested in taking over SABMiller , which Altria owns a large 27% equity stake in. This speculation is centered on Altria pulling out from this week's conferences held by BofA Merrill Lynch and Stifel, which followed a similar move by AB InBev which also pulled out its CFO from the Barclays conference last week.
22/10/2015 - BIFM Catering & Hospitality SIG - Is the Chefs' Skills Shortage Cooking up a Storm?
2015-09-14 15:48:44| BIFM Events
BIFM Catering & Hospitality SIG - Is the Chefs' Skills Shortage Cooking up a Storm?
Development of former RAF Coltishall base could be speeded up
2015-09-14 08:54:21| Jewelry - Topix.net
David Fyffe of Scottow Solar Ltd at the Scottow Moor Solar Park on the Norfolk County Council-owned Scottow Enterprise Park, located on the former RAF Coltishall airbase. Picture by SIMON FINLAY.
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Ethane Crackers Are Cropping Up
2015-09-13 08:35:12| Chemicals - Topix.net
It remains to be seen if Belmont County will ultimately land the $5.7 billion PPT Global Chemical ethane cracker, but six similar projects already are under construction along the nation's Gulf Coast, with Marcellus and Utica shale gas scheduled to provide at least a portion of their feedstock. Industry leaders believe ethane yields from just the Marcellus and Utica fields could reach 590,000 barrels daily by 2020, which is up from none at all in 2012.
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crackers
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