South Africa's Sibanye Gold to buy Stillwater Mining for $2.2 bln
JOHANNESBURG, Dec 9 South Africa's Sibanye Gold will pay $2.2 billion for U.S.-based Stillwater Mining , Sibanye said on Friday, extending its push into platinum mining.
BRUSSELS, April 18 The European Commission gave approval on Thursday for German conglomerate Siemens' 1.74 billion pound ($2.65 billion) acquisition of the rail signal business of Invensys.
An investigation of the deal showed the combined group would still face strong competition from rivals such as Thales , Alstom, Bombardier and Ansaldo , the Commission said in a statement.
It had no competition concerns because in addition to the strong competition in the sector, "customers of railway signalling projects and products have significant buyer power".
MOSCOW, Dec 9 The U.S. government is to check if sanctions where violated when Russia this week struck a deal to sell a stake in oil producer Rosneft to a consortium of Qatar's sovereign fund and commodities trader Glencore , the White House said.
TOKYO, Dec 9 Japanese stocks rose to their highest level in a year on Friday, supported by Wall Street gains and solid buying of exporters on the back of a weaker yen.