Diversified Trading / Distributing

Vale SA concludes sale of stakes in VLI to Mitsui and FI-FGTS

Vale SA:Says it has concluded transfer of 20 pct of total capital of VLI SA (VLI) to Mitsui & Co Ltd (Mitsui) for 1.5 billion Brazilian reias and 15.9 pct to Investment Fund of Fundo de Garantia do Tempo de Servico - FGTS (FI-FGTS) for 1.2 billion Brazilian reias.Cash proceeds from sale to FI-FGTS...

Tuesday, 15 Apr 2014 09:06am EDT

Mitani Sangyo raises full-year consolidated revenue outlook for FY 2014

Mitani Sangyo Co Ltd:Full-year consolidated outlook for revenue of 68,029 mln yen raised from 66,500 mln yen, for fiscal year ended March 31, 2014.Full-year operating profit outlook of 1,477 mln yen lowered from 1,490 mln yen.Full-year ordinary profit outlook of 1,763 mln yen raised from 1,680 mln...

Monday, 14 Apr 2014 03:00am EDT

INTAGE HOLDINGS subsidiary to spin off business and sell company to Itochu

INTAGE HOLDINGS Inc:Says subsidiary ASKLEP Inc. will spin off its clinical development business into a Tokyo-based wholly owned subsidiary engaged in contract research organization (CRO) business, effective June 2.Says ASKLEP will sell 1 share (100 pct stake) in the Tokyo-based subsidiary to Itochu...

Monday, 14 Apr 2014 02:30am EDT

Hellaby Holdings Ltd acquires business of Dasko Marketing NZ Limited

Hellaby Holdings Ltd:Acquires the business of Auckland-based auto electrical wholesale company, Dasko Marketing NZ Limited (trading as Dasko) in a private transaction.Says it has also purchased the operations of New Zealand Trucks South Island Limited (trading as New Zealand Trucks), a...

Sunday, 13 Apr 2014 08:08pm EDT

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