COMMODITIES

Bunge To Acquire Edible Oil Biz Of Amrit Group For $78M

April 10, 2012 | TEAM VCC

Deal value includes cash consideration for oil business on slump sale, trademark and non-compete fee.

Nexus-backed Sohanlal Commodity Management To Raise $20M

April 10, 2012 |

In talks with Everstone Capital for third round of fund raising to expand its warehouses.

GAIL Eyes Project Stakes, Long-term Deals

March 26, 2012 | Reuters

Gail signed a deal with Cheniere Energy in Dec to buy 3.5m tonnes LNG a year under a 20-yr contract starting from 2017.

Novelis To Sell Aluminum Foil Assets In Europe

March 06, 2012 | Reuters

The plants in Rugles (France), Dudelange (Luxembourg) and Berlin (Germany) employ about 850 people.

Brent hits 8-month Top Above $121 After Iran, China Moves

February 20, 2012 | Reuters

US crude rose $1.36 to $104.60 a barrel, after earlier rising to $105.21 a barrel, the highest since May last year.

India's Gold Demand Drops Below China In 4th Quarter

February 17, 2012 | Reuters

China's gold consumption stood at a higher 190.9 tonnes between Oct & Dec, compared to 173 tonnes in India.

Rio Tinto Retreats From Aluminium, $8B Of Assets On Block

October 17, 2011 | Reuters

The sale is designed to help the group more than double its aluminium earnings margins to 40 per cent by 2015.

International Paper Buys 75% In Andhra Paper For $388M

October 14, 2011 | TEAM VCC

The transaction size was 8% lower than original value due to stronger dollar, VCCircle estimates show.

Coal India Is Now India's Most Valued Firm

August 17, 2011 | TEAM VCC

Coal India surpassed Reliance Industries to become India’s most valued company in intra-day trade on Wednesday.

Aditya Birla Group Acquires Swedish Pulp Maker For $340M

April 19, 2011 | Pallavi S

The group has already sewn deals aggregating over $1.4 billion since January 1.

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