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Exclusive: Buyout firms KKR, Blackstone among bidders for Philippine hospitals group – sources

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SINGAPORE (Reuters) – Buyout firms KKR (KKR.N), Blackstone (BX.N) and CVC are among bidders competing for a stake in the hospital unit of Philippines’ Metro Pacific Investments Corp (MPI.PS), people with knowledge of the matter told Reuters. FILE PHOTO – Trading information for KKR & Co is displayed on a screen on the floor of Read More

Nora Quoirin died from prolonged hunger and stress, police say

2 days ago DieselGasoil Comments Off on Nora Quoirin died from prolonged hunger and stress, police say
By Rebecca Taylor, news reporter Nora Quoirin died from internal bleeding thought to be caused by prolonged hunger and stress, Malaysian police have said. Authorities on Thursday said there was currently no evidence of kidnapping in the London teenager’s disappearance, and said the post-mortem did not find any sign she had been sexually abused. Investigators Read More

Cleaning house: Indonesia returns yet more ‘contaminated’ Aussie garbage

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Indonesia just shipped tons of ‘recyclable’ garbage back to Australia, because the rubbish included hazardous material and household trash, as the Southeast Asian region continues to pushback against Western waste. An official with the local customs agency said on Tuesday that eight containers of waste, weighing about 210 tons, were placed on a cargo ship Read More

Asian middle distillates supply may balloon as refineries restart from maintenance

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Singapore — The Asian middle distillates complex is likely to face headwinds thisweek as fresh barrels are expected to hit the spot market with the restart ofseveral regional refineries following completion of scheduled turnarounds. Meanwhile, weaker demand for middle distillate cargoes towards the end ofthe peak travel season could also weigh on prices, market participants Read More

AMS sparks bidding war for Osram, shines spotlight on auto business

5 days ago DieselGasoil Comments Off on AMS sparks bidding war for Osram, shines spotlight on auto business
VIENNA (Reuters) – Shares in Osram (OSRn.DE) jumped after Austrian sensor maker AMS (AMS.S) triggered a bidding war for the German lighting group, saying it was ready to trump Bain and Carlyle (CG.O) with a cash offer valuing the company at 4.3 billion euros ($4.8 billion). FILE PHOTO: Logo of lamp manufacturer Osram is pictured Read More

Sensor specialist AMS triggers bidding war for Osram

5 days ago DieselGasoil Comments Off on Sensor specialist AMS triggers bidding war for Osram
VIENNA (Reuters) – Shares in Osram (OSRn.DE) soared after Austrian sensor maker AMS (AMS.S) triggered a bidding war for the German lighting group, saying it was ready to trump Bain and Carlyle (CG.O) with a cash offer valuing the company at 4.3 billion euros ($4.8 billion). FILE PHOTO: Logo of lamp manufacturer Osram is pictured Read More

Hotline set up in bid to find Nora Quoirin

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Police in Malaysia looking for missing teenager Nora Quoirin have set up a dedicated hotline to receive information. The search for Nora, 15, from London, is continuing a week after she disappeared from a Malaysian jungle resort. Hundreds of people have joined the search operation to try to find the teenager who was born with Read More

Parents thank Malaysian teams searching for their missing daughter

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The parents of a London teenager missing for nearly a week in Malaysia have thanked search teams and hailed their dedication. Meabh and Sebastian Quoirin, whose 15-year-old daughter Nora has not been seen since last Sunday, said “terima kasih” – “thank you” in Malay – to those taking part in the major operation to find Read More

Argentina’s YPF sees steady oil output growth from Vaca Muerta

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Buenos Aires — YPF is widening its exploration in Argentina’s Vaca Muerta shale play for long-term oil production growth, while natural gas is poised for slower growth in the near term, a senior company manager said Friday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The state-backed Argentinian company Read More