US Steel has signed a letter of intent to sell its' mining assets currently held by US Steel Mining Company.
A new company under the control of Banjamin M Statler LLC or its affiliates and Natural Gas Partners is ...
In March 2001, Boeing reveled to the world that it planned to build a radical new passenger aircraft, named the Sonic Cruiser. The craft is designed to travel at speeds of up to Mach 0.98, significantly faster than curre...
Degussa’s plan to divest themselves of any non-core business is progressing well with a memorandum of understanding having been signed by Swiss Ameropa Holding AG and Agrofert Holding a.s. to purchase Degussa&rsquo...
The acquisition of Dal-Tile International by Mohawk Industries is now complete. The merger of the two companies was approved back in November 0f 2001. Soon after, Dal-Tile also acquired Olean Tile Company, the second lar...
The sale of the assets of bankrupt Resource Recovery Industries Inc (RRI) to Zemex Corp has been approved by the United States Bankruptcy court. This follows RRI filing for chapter 11 bankruptcy staus on January 7, 2002....
Swiss based Glencore International has agreed to buy the bankrupt Vanalco aluminium smelter in Vancouver for US$24.25 million, although no plans have been announced for the plant as yet. However, it has been speculated t...
Difficult economic times and the events of September 11, have lead to Special Metals Corp. filing for voluntary Chapter 11 reorganisation under the US Bankruptcy Code. This covers the company and all of its subsidiaries....
It was announced today that Nissho Iwai would acquire the petroleum and carbon products as well the coal and iron ore branches of Nichimen Corporation.
The acquisitions are part of a medium term strategy for growth fo...
The purchase of bankrupt LTV Steel has been approved, with WL Ross and Co LLC to acquire the flat rolled products plants at Cleveland, East Chicago and Hennepin as well as a coke plant in Ohio.
The business will be ca...
American Superconductor today announced plans for a complete reorganisation of their business. The exercise will involve restructuring, consolidation and cost cutting.
These activities will shift their focus from rese...
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