Keyword: portfolio

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Reliance Eyes 26% Stake in India's Fortis

17.06.2010 - Indian energy major Reliance Industries may foray into the healthcare sector by buying a 26% stake in hospital chain Fortis Healthcare , the Financial Express reported on Thursday...

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SABIC Gets $1 Billion Credit from Alinma

16.06.2010 - Saudi-based Alinma Bank granted on Tuesday a $1 billion credit facility to Saudi Basic Industries Corp (SABIC), al-Hayat online news service reported. SABIC's Chief Executive...

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BASF Near Agreeing Takeover of Cognis

02.06.2010 - BASF has in principle agreed with the private equity owners of Cognis on a takeover of the German maker of additives, a newspaper reported on Wednesday. BASF, the world's largest...

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Sanofi to Invest in Japanese Generic Drug Maker

27.05.2010 - French drugmaker Sanofi-Aventis will enter Japan's promising generic drug market by buying a small stake in Nichi-iko Pharmaceutical and forming an alliance with the generics maker...

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CFO: Saudi SABIC 'Not Desperate' for Bond Issue

26.05.2010 - The chief financial officer of chemical maker Saudi Basic Industries Corp (SABIC) on Tuesday said the firm was "not desperate" to issue a bond, as jittery investors continue their...

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Akzo Nobel Wins EU Approval to Buy Dow Coating Unit

22.04.2010 - Dutch chemical company Akzo Nobel gained EU regulatory approval on Wednesday for its acquisition of U.S. firm Dow Chemical's powder coatings activities. Akzo Nobel, the world's...

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Oracle Buying Drug Software Maker Phase Forward

19.04.2010 - Oracle said on Friday it agreed to spend $685 million to buy Phase Forward, the top maker of programs that help drugmakers run clinical trials, in Oracle's biggest software...

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Reliance Industries Buys Stake In Indian Logistics Firm

19.04.2010 - Reliance Industries, has bought a stake in Indian freight services firm Deccan 360 in a deal to help boost the retail operations of India's top listed conglomerate. Deccan 360's...