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Mar 08, 2012
Pallinghurst announces PGM Consolidation and IDC investment
The Industrial Development Corporation of South Africa today announced a major investment in the platinum mining and beneficiation industry that will see the creation of a significant platinum group metals (PGM) company in the North West Province of South Africa. The investment will be into a newly consolidated company, NewCo, which has the potential to ...
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Dec 29, 2011
The Energy & Minerals Group Completes Sale of 49% Interest in Liberty Joint VentureDENVER–Dec. 29, 2011– MarkWest Energy Partners, L.P. (NYSE: MWE) and The Energy & Minerals Group (EMG) today announced the closing of the previously announced acquisition by MarkWest of the 49 percent interest in MarkWest Liberty Midstream & Resources, LLC held by EMG.
The acquisition consideration included approximately $1.0 billion of cash and the issuance of 19.95 ...
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Mar 25, 2011
ArcelorMittal, Nunavut and Baffinland Complete Plan of ArrangementTORONTO, ONTARIO and LUXEMBOURG, LUXEMBOURG–(Marketwire – March 25, 2011) – ArcelorMittal, Nunavut Iron Ore Acquisition Inc. and Baffinland Iron Mines Corporation (“Baffinland“) today announced the completion by Baffinland and 1843208 Ontario Inc. (“Acquireco“), a corporation owned as to 70% by ArcelorMittal and as to 30% by Iron Ore Holdings, LP, of the court approved plan of ...
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Dec 27, 2010
Plains All American Pipeline Announces Changes to Board of Directors In Connection with Ownership Changes in General Partner(Houston – December 23, 2010) Plains All American Pipeline, L.P. (NYSE: PAA) today announced changes to the board of directors of its general partner. Such changes are related to the previously announced agreement to transfer 50.1% of its general partner interest that was substantially consummated today. Two new directors were appointed to the board of ...
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Dec 15, 2010
Nunavut Iron Ore Acquisition Inc. Increases Its Offer Price for Baffinland Iron Mines Corporation to $1.35 per Share
Revised Offer Price is a 23% Premium to ArcelorMittal Bid
Revised Offer is for 50.1% of Baffinland Shares, including those already held by Nunavut Iron
Shareholders receive significant premium and benefit of continuing ownership in Baffinland with new management and majority owner
Nunavut Iron proposes Baffinland distribute 2% gross revenue royalty interest in proven and probable reserves to ...
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Dec 10, 2010
Plains All American Pipeline Announces Pending Transfer of Ownership in General Partner and Changes to Board of Directors(Houston – December 10, 2010) Plains All American Pipeline, L.P. (NYSE: PAA) today announced that Vulcan Energy Corporation, an affiliate of Vulcan Capital (collectively “Vulcan”) has entered into definitive agreements to sell its 50.1% ownership interest in PAA’s general partner. Vulcan Capital is the private investment group that oversees the portfolio investments of Paul G. ...
