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Light Rail Manila consortium bids for $1.5bn LRT 1 extension project

2014-05-29 01:00:00| Railway Technology

A consortium led by Metro Pacific Investments Corporation (MPIC) has submitted its bid for the Phillipine Government's $1.5bn Light Rail Transit Line 1 (LRT 1) cavite renovation and expansion project in Manila.

Tags: project light extension bids

UPDATE 1-ADM bids for German flavours firm Wild as suitors line up

2014-05-24 00:05:46| Agriculture - Topix.net

Leading global agribusiness group Archer Daniels Midland Co is among the bidders for German drink and food flavours maker Wild in a transaction valued at 1.5 billion euros , sources familiar with the deal said on Friday.

Tags: up line update firm

Severstal CEO not naming names for bids on U.S. steel plants

2014-05-22 19:58:43| Steel - Topix.net

Amid speculation it could be selling its North American operations to a number of interested parties-- including Pittsburgh-based United States Steel Corp.--OAO Severtal CEO Alexey Mordashov , said the company has no pressure to dispose of these assets.

Tags: us names steel plants

Telkom bids ZAR 2.7 billion for BCX

2014-05-22 11:29:00| Telecompaper Headlines

(Telecompaper) South African operator Telkom said that it has made an offer to acquire all of ICT services provider Business Connexion Group (BCX). Under the offer, Telkom will acquire all the BCX share capital for ZAR 6.60 per share, representing a total cash consideration of approximately ZAR 2.7 billion. The offer is fully financed and represents a premium of 22 percent to the weighted average share price of ZAR 5.38 for the 60 trading days prior to BCX's cautionary announcement on 15 April.

Tags: billion bids zar telkom