Mining giant Anglo American said Monday that it will sell coal mines in Australia to a Britain-based miner for up to $3.875 billion in a move to simplify its business ahead of a $52 billion merger with Canada's Teck Resources.
Mining giant Anglo American said Monday that it will sell coal mines in Australia to a Britain-based miner for up to $3.875 billion in a move to simplify its business ahead of a $52 billion merger with Canada's Teck Resources.
Germany's Commerzbank AG advised its shareholders on Monday to reject what it considers a lowball approach from UniCredit SpA in its latest move to fend off the Italian rival and continue as a standalone bank.
Prudential PLC said Monday that it will acquire a 75% stake in Indian rival Bharti Life Insurance Co. Ltd. for 35 billion rupees ($370 million) to expand into one of the world's fastest-growing markets.
Molten Ventures PLC said on Monday that it has sold another portion of its stake in fintech company Revolut for approximately £63 million ($84 million), extending the European venture capital firm's series of disposals to boost cash returns and fund new investments.
Ariana Resources said Monday that it has sold part of its stake in Turkish gold and silver mining company Zenit to local conglomerate Özaltin for approximately $19.5 million to raise funds for the Dokwe gold project in Zimbabwe.
Winvia said Monday that it has agreed to acquire family-run prize-draw company Rev Comps for £11.8 million ($15.8 million) to increase its customer base and share in the U.K. market.
Sintana Energy Inc. said Monday that it has conditionally raised gross proceeds of approximately $11.5 million through a share sale that the oil explorer plans to use to help fund its drilling work and acquisitions.
