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SYDNEY: Australian iron ore miner Atlas Iron Ltd said it has agreed a far-reaching debt restructuring that will hand its lenders 70% of the company’s stock as it struggles to stay afloat.
BENGALURU: Mining infrastructure provider Mineral Resources said it would not make an offer to counter Hancock Prospecting’s A$390mil (US$288mil) bid for Australia’s Atlas Iron.
PUTRAJAYA: Integrated facilities management services provider Radicare (M) Sdn Bhd is collaborating with Atlas Copco to provide higher levels of hospital support services in the country.
GEORGE TOWN: RGB International Bhd has secured the rights to sell two more branded gaming machines in Asia under its sales and marketing business division.
New YORK: Billionaire hedge fund manager Leon Cooperman and his firm Omega Advisors Inc agreed on Thursday to pay US$4.95mil to settle the U.S. Securities and Exchange Commission's insider trading lawsuit against them.Cooperman is worth $3 billion, according to Forbes magazine