Glencore Xstrata plc said Sunday, April 13, it has agreed to sell its giant Peruvian copper project Las Bambas to a Chinese consortium lead by China Minmetals Corp. for $5.85 billion.
Chinese investors in Australia could soon find themselves on an equal footing with U.S. counterparts after Australian Prime Minister Tony Abbott told Chinese officials he would ease regulatory scrutiny in return for greater access to Chinese markets.
The $3.3 billion bid trumps, by a narrow margin, an agreed offer from Yamana.
A consortium led by Brookfield Renewable Energy Partners and including Britain's Centrica said Tuesday it had finalized a $1.5 billion deal to acquire and break up Ireland's Bord Gais Energy, securing entry into Ireland's state-dominated energy market.
Leading German electricity utility RWE has agreed to sell its RWE DEA woil and gas unit to an oil and telecoms investment vehicle led by Russian billionaire Mikhail Fridman for an enterprise value of $7.1 billion.
China witnessed its first domestic bond default Friday when solar equipment maker Shanghai Chaori Solar Energy Science & Technology failed to make a full payment on an 89.8 million renminbi ($15 million) coupon.
Offer valued at $19.3 billion will compete with Bouygues Telecom bid and potential proposal from Iliad.
Carlyle Group has prevailed in an auction with an agreement to pay $1.93 billion for the South Korean security operations of Tyco International.
Shares in French cable company Numericable Group climbed sharply on Monday following a report that controlling shareholder Altice has struck a tentative deal to buy a 50% stake in Vivendi's Societe Francaise de Radiotelephone, or SFR, that would value the mobile and Internet services provider at more than $21 billion.
Royal Dutch Shell's $15 billion asset sale continued apace Friday as the company notched its fourth sale in under two months -- and its second in as many days -- with the A$2.9 billion ($2.6 billion) disposal of its Australian downstream business.