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Geo-Jade Petroleum to fully acquire KoZhan Joint-Stock Company

Geo-Jade Petroleum Corporation:To acquire 100 pct stake in KoZhan Joint-Stock Company, which is mainly engaged in mining, petrochemical engineering and design of chemical production business, from International Mineral Resources II B.V.Transaction price valued at $353 mln.

Wednesday, 25 Mar 2015 08:00pm EDT

R&I places SUMITOMO CORP on rating monitor with view to downgrading

SUMITOMO CORP:Rating and Investment Information, Inc. (R&I) put SUMITOMO CORP on rating monitor with view to downgrading.The company's current rating is "AA-".

Wednesday, 25 Mar 2015 03:07am EDT

Findel PLC completes sale of subsidiary to CVSL Inc

Findel PLC:Completes the sale of its subsidiary Kleeneze Limited to Trillium Pond AG, a subsidiary of CVSL Inc.Total consideration was 3.4 mln pounds in cash which will be used to further reduce the Group's bank debt.

Wednesday, 25 Mar 2015 03:01am EDT

SUMITOMO amends consolidated full-year outlook for FY 2015

SUMITOMO CORP:Says the company amended the consolidated full-year outlook for the FY ending March 2015.Confirmed the revenue at 8,600,000 million yen.Profit before tax decreased to a loss of 33,000 million yen from 62,000 million yen.Net income attributable to shareholders decreased to a loss of...

Wednesday, 25 Mar 2015 01:00am EDT

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