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Ayala Corporation Unit's Joint Venture Secures PHP7 Billion Loan For Power Project-DJ

Monday, 1 Jul 2013 10:09pm EDT

Dow Jones reported that Ayala Corporation said that a unit's power-generation joint venture has secured a PHP7 billion ($161.7 million) from several banks to fund the construction of a 135-megawatt coal-fired power plant. Ayala said South Luzon Thermal Energy Corp., a joint venture between its AC Energy Holdings Inc. and Trans-Asia Oil and Energy Development Corp., will double the company's power generation capacity to 270 megawatts by 2016. BDO Unibank Inc., Security Bank Corp. and Rizal Commercial Banking Corp. provided the loan to build the plant located in Calaca, a coastal town just south of Manila, Ayala said.

Mitsubishi Corp And Consortium To Buy U.S. Power Plant And Parent Company-Reuters

Monday, 1 Jul 2013 08:04pm EDT

Reuters reported that a consortium including Mitsubishi Corp and Japanese and Canadian pension funds will buy a U.S. gas-fired power plant in Michigan this month for nearly JPY200 billion ($2.01 billion). Mitsubishi, Japan's Pension Fund Association, Mizuho Financial Group Inc's Mizuho Bank, the Japan Bank for International Cooperation (JBIC), and Canadian pension fund Omers will acquire all shares in the parent firm of the 1.63-gigawatt power plant, the report said.

Distribuidora Internacional de Alimentacion SA And Haci Omer Sabanci Holding Complete Sale Of 100% Stake In Diasa Dia Sabanci Supermarketleri Ticaret AS To Yildiz Holding AS And SOK Marketler Ticaret

Monday, 1 Jul 2013 01:06pm EDT

Distribuidora Internacional de Alimentacion SA announced that on July 1, 2013, together with its Turkish partner Haci Omer Sabanci Holding AS completed the sale of 100% stake in Diasa Dia Sabanci Supermarketleri Ticaret AS to Yildiz Holding AS and SOK Marketler Ticaret AS. As a result, Distribuidora Internacional de Alimentacion SA received the amount of TRY 77,831,514.60 (EUR 30,873,270.37).

General Electric Co's GE Oil & Gas Completes Acquisition of Lufkin Industries

Monday, 1 Jul 2013 01:00pm EDT

General Electric Co's GE Oil & Gas announced that it has completed its acquisition of Lufkin Industries, Inc., provider of artificial lift technologies for the oil and gas industry and a manufacturer of industrial gears based in Lufkin, Texas, for approximately $3.3 billion. The move broadens GE Oil & Gas` artificial lift capabilities with solutions for a wider variety of well types and technology for production automation and optimization in the drilling industry. On June 27, Lufkin shareholders voted to approve the transaction, in which shareholders will receive $88.50 per share in cash for each of their Lufkin shares.

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IS PRIVATE EQUITY - STRONG TRACK RECORD & UPSIDE POTENTIAL
Provider: Edison Investment Research
$10.00
Buy
Trdnjava Holding dd: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
$20.00
Buy
IS PRIVATE EQUITY - REALISING VALUE
Provider: Edison Investment Research
$10.00
Buy
Sahar Investments Ltd. (SAIN) - Financial Analysis Review
Provider: GlobalData
$125.00
Buy
Grupo Industrial Saltillo SA de CV - Financial Analysis Review
Provider: GlobalData
$125.00
Buy

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