Sep. 22, 2014, 6:42 AM
- In yet another move expanding its foods business, Mitsubishi (OTCPK:MSBHY) has offered to buy Norwegian fishery Cermaq (OTC:CRMQY) for 8.9B kroner ($1.4B). The offer is 14% more than Cermaq’s closing price on Sept. 19.
- Norway's Ministry of Trade, Industry and Fisheries, Cermaq’s biggest shareholder (with a 59.2% stake) says it’s prepared to sell its shares to Mitsubishi, although it could switch to another buyer if presented with a more attractive offer.
May 1, 2012, 3:47 AMAussie oil producer Woodside Petroleum (WOPEY.PK) plans to sell a stake in its giant Browse natural gas project to Mitsui and Mitsubishi for $2B. The two Japanese firms will also work with Woodside to market LNG to the Asian market and to help Woodside raise money to finance the project. (PR) | Comment!
Apr. 12, 2012, 2:27 AM
MSBHF vs. ETF Alternatives
Mitsubishi Corp. is a general trading company engaged in the import, export and wholesale of various products. Co.'s products include internet services, financial services, IT solutions, all forms of carbon and hydrocarbon products, ferrous metals, non-ferrous metals, gas/petroleum equipment and... More
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