Construction Materials
CanWel Building Materials Group Ltd Announces Acquisition Of Pastway Planing Ltd
CanWel Building Materials Group Ltd announced that it has completed the acquisition of 100% of all outstanding shares of privately held Pastway Planing Ltd.
Magnesita Refratarios SA Concludes Acquisition of Reframec Manutencoes e Montagens de Refratarios Ltda
Magnesita Refratarios SA announced that, following information disclosed to the market on April 29, 2013, it has concluded acquisition of Reframec Manutencoes e Montagens de Refratarios Ltda.
Ningxia Building Materials Group Co Ltd to Acquire Equity Shares of China-based Company
Ningxia Building Materials Group Co Ltd announced that it has decided to acquire a 55% stake in an Inner Mongolia-based cement company from Xishui Strong Year Co Ltd Inner Mongolia, for RMB 264.11 million.
China National Materials Co Ltd Announces Proposed Acquisition Of 55% Equity Interest In WXC Through Subsidiary
China National Materials Co Ltd announced that Ningxia Building Materials-a subsidiary of the Company and XSGF entered into the WXC ETA, pursuant to which Ningxia Building Materials has agreed to acquire 55% equity interest in WXC held by XSGF for a cash consideration of RMB264,110,000. WXC is currently owned by Ningxia Building Materials and XSGF as to 45% and 55%, respectively. WXC will become a wholly owned subsidiary of Ningxia Building Materials and an indirect subsidiary of the Company.
Borgestad Startup AS to Acquire Borgestad Industries ASA
Borgestad Industries ASA announced that it has entered into an agreement with Borgestad ASA's (Borgestad) wholly owned subsidiary Borgestad Startup AS. Borgestad Startup AS is to acquire Borgestad Industries' assets, rights and obligations in full, for a merger consideration consisting of 961,450 new shares in Borgestad to be issued to the other shareholders Borgestad Industries. At the time of signing of the merger plan, 74.30% of the shareholders of Borgestad and 79.30% of the shareholders of Borgestad Industries pledged to vote for the merger on the respective general meetings. At the present time the merger is expected to be completed in early September 2013.
Yinson Holdings Bhd Announces Recommended Voluntary Cash Offer to Acquire 100% Shares in Fred Olsen Production ASA
Fred Olsen Production ASA announced Yinson Holdings Bhd intends to acquire 100% of the shares of Fred Olsen Production ASA at NOK 9.40 per share. The offer is unanimously recommended by the Company's Board of Directors. Pre-acceptance from the Company's majority shareholder represents 61.54% of the total issued shares and votes of the Company.
Jiangxi Wannianqing Cement Co Ltd to Acquire Panyang-based Company
Jiangxi Wannianqing Cement Co Ltd announced that it will acquire a 100% stake in a Panyang-based company which engages in the production and sale of ready-mixed concrete, for not more than RMB 36.102 million in total.
Markets
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- U.S.
- Europe
- Asia
Sector Summary
| Energy |  -0.15% |
| Basic Materials | -0.98% |
| Industrials | -0.68% |
| Cyclical Goods & Services | -0.04% |
| Non-Cyclical Goods & Services | -0.31% |
| Financials | -0.34% |
| Healthcare | -0.51% |
| Technology | -0.13% |
| Telecoms | -0.04% |
| Utilities | -0.76% |
| DOW | 14,932.45 | -42.51 |
-0.28% |
| S&P 500 | 1,613.70 | -1.26 |
-0.08% |
| NASDAQ | 3,432.28 | -2.21 |
-0.06% |
| TR US Index | 146.29 | -0.36 |
-0.25% |
+246.24Analyst Research
| Report Title | Price |
|---|---|
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Provider: Freedonia Group Inc, The
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$500.00
|
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Provider: Bohai Securities Co.,Ltd.
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$23.00
|
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Provider: Auerbach Grayson & Co., Inc.
|
$25.00
|
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Provider: Reuters Investment Profile
|
$20.00
|
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Provider: GlobalData
|
$125.00
|
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