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Rio Tinto has completed the sale of its wholly-owned subsidiary Coal & Allied Industries Limited to Yancoal Australia Limited. From today, Yancoal takes over management of Rio Tinto’s thermal coal business in the Hunter Valley region of New South Wales. Rio Tinto will receive total consideration of $2.69 billion for the sale, together with customary …
Luxembourg, 4 April 2017 – Aperam announces the completion of the divestment of Aperam Stainless Services & Solutions Tubes Europe, its stainless steel welded tubes entities located in Ancerville (manufacturing plant) and Annecy (distribution centre) in France, to mutares AG on Monday, 3 April 2017. This follows the announcement on 9 January 2017 of Aperam’s …
Outokumpu has completed the divestment of the Terni remedy assets, certain service centers and the VDM-business to ThyssenKrupp. Furthermore, Outokumpu has finalized the comprehensive debt financing arrangements. The transaction and measures were originally announced on November 30, 2013. Divestment of Terni and VDM to ThyssenKrupp completed In the transaction, the stainless steel mill in Terni, …
The issue of Engineers India Ltd. (EIL) which closed yesterday was oversubscribed 2.83 times. Earlier, the Government of India had launched on 6th February, 2014 the Further Public Offering (FPO) of Engineers India Ltd. (EIL) for divestment of the 10% GOI equity holding in the Company with a price band of Rs. 145-150 per share …