Holcim Shareholder Plans to Vote Against Lafarge Deal
Eurocement Holding, the second-largest shareholder in cement
company Holcim, plans to vote against the Swiss company's union
with Lafarge unless the financial terms of the deal are altered,
according to a person familiar with situation.
EIG to Invest in Breitburn
EIG Global Energy Partners agreed to invest $1 billion in
Breitburn Energy Partners, a publicly traded oil and gas
exploration and production company, as energy producers turn to
alternative capital sources to bolster their balance sheets.
Slater & Gordon to Buy Quindell Unit
Australian law firm Slater & Gordon has struck a deal to buy
a unit of insurance claims processor Quindell for a minimum $949
million, a move that will expand its personal injury law business
in the U.K.
Malakoff to Test Investor Appetite for IPO Next Week
Malaysian power producer Malakoff plans to start testing
investor's appetite next week for its up to $740 million initial
public offering, people familiar with the matter said Monday.
Chinese Company Makes Sharply Lower Bid for PanAust
A Chinese company returned with a sharply reduced takeover bid
for Laos-focused PanAust that values the copper and gold miner at
$860 million, indicating the world's second-biggest economy is
eager to take advantage of slumping commodity prices to secure
long-term strategic supplies.
ChemChina Committed to Pirelli's Autonomy
The Chinese chemical company behind a bid to buy tire maker
Pirelli in a potential $7.7 billion deal won't rule out an improved
offer, even as it suggested it had limited financial firepower to
offer more.