Investcorp ‘attracts bidders for Armacell’The sale of German insulation firm Armacell by its Bahrain-based private equity owner Investcorp has attracted six bidders as interest grows in companies making energy-efficient products, two people familiar with the transaction said. More… |
Oman refinery picks bidders for $1.2bn dealNine global technology firms have been shortlisted for a $1.2 billion EPC contract to undertake the expansion of Oman’s flagship refinery at Sohar, said a project official at Oman's oil and gas ministry. Oman was looking More… |
Exxon dropped from Iraq rights biddersUS energy giant Exxon Mobil Corp is not on the finalised list of 47 pre-qualified bidders for the next round of Iraq energy exploration rights, a statement posted on the oil ministry website showed on Thursday. The world's largest publ More… |
DuPont seeks new bids for car paint unitChemical maker DuPont has asked private equity bidders to team up and make new offers for its car paint business after initial bids fell short of expectations, according to people familiar with the matter. New bids for the business, which More… |
Iraq seeks bidders on $450m monorail projectIraq has invited foreign companies to compete for a $450 million monorail project in the southern holy city of Kerbala, which hosts millions of Shi'ite pilgrims each year. The rail line is among many road, railway, port and power projects More… |
Iraq mulls asking aggressive bidders to rebidIraq is considering inviting the most aggressive bidders to rebid for some of its giant oilfields after it failed to award deals at an auction in June, the country's oil minister has said. 'The two or three companies who made the b More… |
Saudi Electricity seeks bidders for $2.5bn projectState-run Saudi Electricity Company (SEC) has invited bidders for SR9.5 billion ($2.53 billion) power plant project in Riyadh as part of efforts to meet soaring demand, a senior company official said on Saturday. The 2,000 megawatt co More… |
More bidders join battle for Porsche VW stakeFive more potential bidders have emerged for a Porsche-owned derivatives package, which controls Volkswagen shares, even as the company is in exclusive talks with Qatar, Porsche told German paper Handelsblatt. 'We are in More… |
Chinese, Russian group eyeing Porsche stakeThree more bidders including a Chinese and a Russian sovereign wealth, are interested in taking a stake in German sports car maker Porsche, rivalling investment plans by Qatar, German magazine Focus reported on Saturday. In an advance rele More… |
Iraq offers up giant oilfields to foreign firmsIraq on Wednesday opened up some of its most prized oil and gas fields to international firms that have been excluded for decades, part of new deals that could more than double its output within a few years. In a second bid round, followin More… |








