Tag «sale»

Glencore Xstrata plc – Sale of Las Bambas Copper Mine Project

Glencore Xstrata plc (“Glencore”) has signed an agreement for the sale of its entire interest in the Las Bambas copper mine project (“Las Bambas”) to a consortium owned 62.5% by MMG Limited, 22.5% by GUOXIN International Investment Corporation Limited and 15.0% by CITIC Metal Co., Limited (the “Consortium”). The consideration for the transaction is approximately …

Nokia expects the sale of substantially all of its Devices & Services business to Microsoft to close in April 2014

Nokia Corporation March 24, 2014 at 08:00 (CET +1) Espoo, Finland – Nokia today announced that it now expects the transaction whereby the company will sell substantially all of its Devices & Services business and license its patents to Microsoft to close in April 2014. This compares with Nokia’s previous expectation on the transaction closing …

Sale of ThyssenKrupp Steel USA completed

The sale of the ThyssenKrupp Steel USA rolling and coating plant in Calvert, Alabama to a consortium of ArcelorMittal and Nippon Steel & Sumitomo Metal Corporation is completed. Upon closing, ThyssenKrupp received a purchase price of 1.55 billion US dollars from the consortium. At the same time a valuable long-term slab supply contract has been …

Sale of ThyssenKrupp Steel USA: Approval by US antitrust authorities

ThyssenKrupp has received approval in the USA for the sale of the ThyssenKrupp Steel USA rolling and coating plant in Calvert/Alabama. The expiry on January 29, 2014 of the premerger waiting period, during which the proposed combination was reviewed, signals the conclusion of the approval process by the US antitrust authorities. This represents an important …

eBay India brings in Republic Day celebrations with ‘eBay Unites India’ Sale

eBay India (www.eBay.in), India’s leading eCommerce marketplace, has announced the ‘eBay Unites India’ Sale for Republic Day. The sale will be live from January 16 – 26, 2014, offering great deals on technology and lifestyle products including smartphones, TV sets, tablets, laptops, digital cameras, cars & bike accessories, apparel & accessories, fine jewellery, watches, fragrances, …

BHP Billiton Completes Sale of Pinto Valley to Capstone Mining Corp.

BHP Billiton has completed the sale of its Pinto Valley mining operation (Pinto Valley) and the associated San Manuel Arizona Railroad Company (SMARRCO) to Capstone Mining Corp. (Capstone) for $650 million, subject to customary working capital adjustments. About Pinto Valley and SMARRCO Pinto Valley is an open-pit copper mining operation located east of Phoenix in …

Sale of Dakota Growers Pasta to Post Holdings

Glencore  Xstrata  plc  (‘Glencore’)  confirms  that it has entered into an agreement  to  sell  the Dakota Growers Pasta Company (‘Dakota Growers’) to Post Holdings, Inc (‘Post’) for $370 million in cash to be paid at the time of closing. Dakota  Growers  was  acquired  by  Glencore  as part of its acquisition of Viterra  Inc.  The sale of Dakota Growers is subject to the satisfaction of customary  closing  conditions, including regulatory approvals. The sale is …

Glencore Xstrata – Sale of Joe White Malting to Cargill

Sale of Joe White Malting to Cargill 5 August, 2013 Glencore Xstrata plc (“Glencore”) confirmed on 5 August 2013 that it has   entered into an agreement to sell Joe White Maltings, Adelaide, Australia (“Joe White”), to Cargill, Incorporated (“Cargill”). Joe White was acquired by Glencore as part of the Viterra acquisition. The sale is …

BHP Billiton: SALE OF PINTO VALLEY

BHP Billiton has signed a definitive agreement to sell its Pinto Valley mining operation (Pinto  Valley) and the associated San Manuel Arizona Railroad Company (SMARRCO) to Capstone Mining Corp. (Capstone) for an aggregate cash consideration of US$650 million. The transaction is subject to regulatory approval, and other customary conditions, and is expected to be completed …