SYDNEY--29 Jul--AsiaNet/InfoQuest
AMERICAST SALE...
NEW YORK - Castle Harlan, Inc., the New York private equity
investment firm, announced today that it had agreed to sell
AmeriCast Technologies, Inc., a North American leader in the
design and manufacture of large, complex steel castings, to
Bradken Ltd., a leading publicly-traded Australian manufacturer
of cast steel and other products, primarily for the mining and
railroad industries, in a transaction valued at approximately
$288 million.
www.castleharlan.com
www.bradken.com.au
www.champmbo.com
CHA HOSPITAL...
SAN FRANCISCO - The innovative CHA Women's and Children's
Hospital in Seoul, Korea, has been selected as one of only four
projects worldwide to win the 2008, prestigious American
Institute of Architects (AIA) National Healthcare Design
Award.
www.kmdarchitects.com
RISI BENCHMARKING...
BOSTON - RISI, the leading information provider for the
global forest products industry, today announced the addition
of new tissue grade data to their Cost Benchmarking Service,
along with a new information delivery method via the Analytical
Cornerstone software platform.
www.risiinfo.com
www.risiinfo.com/benchmarking
SUN PHARMACEUTICAL...
MUMBAI - Sun Pharmaceutical Industries Ltd. reported a
quarter of strong growth for the first quarter ending June 30,
2008. There is significant one-time sales and profit component
in these financials linked to the sales of products that enjoy
limited duration marketing exclusivity in the US.
www.sunpharma.com
TECHINSIGHTS CHALLENGE...
SAN FRANCISCO - TechInsights announced today the top 128
designs at the start of Phase II in the Microchip PIC32 Design
Challenge, a year-long contest and community sponsored by
Microchip Technology Inc. and Digi-Key Corporation as the
exclusive distributor.
www.techinsights.com
www.unitedbusinessmedia.com
www.microchip.com
www.digikey.com
www.myPIC32.com
www.cmp-egevents.com/web/esv/home
XPOCHEM XPOPHARM...
SEOUL - The one-stop marketplace for the fine and specialty
chemical and pharmaceutical industries, XpoChem and XpoPharm,
will take place at SETEC in Seoul, South Korea, on 5 and 6
November 2008, exhibiting a wide range of items in these
fields, from ingredients and intermediates to finished
products, equipment and machinery.
www.cmpmediakorea.com
www.ksica.or.kr
www.kpta.or.kr
www.xpochem.com
www.xpopharm.com
DENHAM CAPITAL...
BEND, Oregon and BOSTON - Vulcan Power Company and Denham
Capital announced today that Denham will invest $145 million in
newly issued preferred equity securities of Vulcan. In
addition, Merrill Lynch Commodity Partners, a principal
investment fund of Merrill Lynch, will convert its outstanding
notes into Vulcan preferred equity.
www.vulcanpower.com
www.denhamcapital.com
www.ml.com
MARVELL FOUNDATION...
SANTA CLARA, California - The Marvell Foundation, a
non-profit organization founded by Marvell, today announced it
has raised over $1.1 million for disaster relief in China and
Burma. The company's employees worldwide have donated
approximately $552,000 -- in excess of $100 per employee.
www.marvell.com
FANNIE MAE...
WASHINGTON, D.C.: Fannie Mae will redeem the principal
amount of FINP securities issues amounting to a total of
US$8,053,000 on August 7, 2008 at a redemption price equal to
100 per cent of the principal amount redeemed plus accrued
interest.
http://www.fanniemae.com
HIFN AMCC...
LOS GATOS, California and SUNNYVALE, California - Hifn, the
catalyst behind storage and networking innovation, and Applied
Micro Circuits Corporation, a global leader in embedded Power
Architecture processing, optical transport, and storage
solutions, today announced a working alliance to provide a
series of reference designs for networking and storage
solutions.
www.hifn.com
www.amcc.com
GENERAL FINANCE...
PASADENA, California - General Finance Corporation which
owns Royal Wolf Trading Australia Pty Limited, the leading
provider of portable storage solutions in Australia and New
Zealand, and Mobile Office Acquisition Corp. and its
subsidiary, Pac-Van, Inc., a provider of modular buildings and
mobile offices in the United States, today announced that they
have entered into a definitive merger agreement in a
transaction valued at $158.8 million.
www.generalfinance.com
www.royalwolf.com.au
JEWELLERY FAIR...
HYDERABAD - The curtains finally came down on the much
awaited Hyderabad Jewellery, Pearl & Gem Fair 2008 organised by
CMP, which brought to an end 4 days of intense business
interactions between exhibitors, trade visitors and buyers,
both from India and overseas.
ASIAN PAPER...
SINGAPORE - Asian Paper 2008, held during April 23-25, was a
big success with a very large and active crowd of 5,019 trade
visitors from an amazing 67 countries attending the show.
www.asianpapershow.com
AsiaNet is a consortium of leading news agenciesdistributing unedited, translated news releases for worldwide
clients. Visit www.asianetnews.net for full-text versions.