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Aramco to up stake in EIG's MidOcean to 49%, fund new stake in Peru LNG

Manufacturing

17 September, 2024

Aramco to up stake in EIG's MidOcean to 49%, fund new stake in Peru LNG

Saudi Aramco will increase its stake in liquefied natural gas firm MidOcean Energy to 49% and fund its acquisition of ......

Saudi mining company Ma'aden to buy Alcoa's stake in joint venture for $1.1 bn

Manufacturing

16 September, 2024

Saudi mining company Ma'aden to buy Alcoa's stake in joint venture for $1.1 bn

U.S. aluminium maker Alcoa said on Sunday that it would sell a 25.1% stake in its Ma'aden joint venture to Saudi Arabian ......

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Fairfax acquires majority stake in India aluminium products maker

Manufacturing

09 September, 2024

Fairfax acquires majority stake in India aluminium products maker

Indian-born Canadian billionaire Prem Watsa-owned Fairfax India has picked up a controlling stake in an aluminium products manufacturer based in ......

Abu Dhabi's ADNOC to buy minority stake in ExxonMobil's Texas project

Manufacturing

04 September, 2024

Abu Dhabi's ADNOC to buy minority stake in ExxonMobil's Texas project

Abu Dhabi National Oil Company (ADNOC) will acquire a 35% equity stake in ExxonMobil Corp's proposed low-carbon hydrogen project in ......

TotalEnergies to form new $444 mn JV with Adani Green

Manufacturing

03 September, 2024

TotalEnergies to form new $444 mn JV with Adani Green

TotalEnergies will form a new joint venture with India's Adani Green Energy Limited in a deal that will see the ......

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Advent eyes benchmark returns from second portfolio exit in 2024

Manufacturing

21 August, 2024

Advent eyes benchmark returns from second portfolio exit in 2024

Global private equity firm Advent International, which has been active in India this year having struck an exit from Bharat ......

JSW Steel to buy $120 mn stake in Australian firm to expand coal reserves

Manufacturing

13 August, 2024

JSW Steel to buy $120 mn stake in Australian firm to expand coal reserves

India's top steelmaker JSW Steel said on Monday it will buy a 67% stake in an Australian private firm for ......

Aramco to buy stake in JV Petro Rabigh from Sumitomo Chemical

Manufacturing

07 August, 2024

Aramco to buy stake in JV Petro Rabigh from Sumitomo Chemical

Saudi Aramco will buy from Japan's Sumitomo Chemical a 22.5% stake in their petrochemical joint venture Petro Rabigh for $702 ......

UltraTech board approves $472 mn deal to take control of India Cements

Manufacturing

29 July, 2024

UltraTech board approves $472 mn deal to take control of India Cements

UltraTech Cement, India's number one cement maker, said its board on Sunday approved a $472 million deal to gain control ......

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The curious case of Convergent PE's competing bids with different partners for same asset

Manufacturing

15 July, 2024

The curious case of Convergent PE's competing bids with different partners for same asset

Convergent Finance, a private equity-style firm led by former Fairfax India executive Harsha Raghavan, is looking to strike its first bet ......