Hints and tips:
...Not bad, but the key driver of the growth has been Nalco’s business with energy companies, which has little overlap with Ecolab’s operations....
...By announcing divestment stakes in Hindustan Copper, Oil India, MMTC and Nalco, the government hopes to close the estimated 6 per cent fiscal deficit by up to $2.76bn, something it was unable to do last...
...Including Nalco’s $2.7bn of net debt, the deal values the company at $8.1bn....
...This explains the recent flurry of transactions involving companies that cut grime....
...Mr Paulson, also purchased 6.6 per cent of Nalco, a water treatment group, worth $357m, and made a $350m investment in the shares of Motorola Mobility, the handset business to be acquired by Google....
...Erik Fyrwald, is chairman and chief executive of Nalco, an Illinois-based company that provides products and services for treating and managing water....
...Erik Fyrwald, chief executive of Nalco, tells the FT's Ed Crooks that water is the number one issue facing the world....
...(Nalco), with which it has an agreement, to scout for mining assets jointly. There could be more companies that form a consortium “depending on the need,” he said....
...“I don’t understand why there hasn’t been more pressure on the companies to disclose it.”...
...Elsewhere, Nalco rallied 5.4 per cent to $11.66 after it became the latest stock to be added to Warren Buffett’s portfolio....
...Underlying selection This Portfolio is currently comprised of 15 companies of which, 80% are water companies and 20% are water treatment Companies....
...Bright Water has been developed with Chevron of the US and Nalco, a US water treatment company that holds the trademark....
...India’s National Aluminium Company (Nalco) warned that it was facing a production collapse without urgent deliveries of coal to its power plants....
...“It is not price, period, that determines these things,” one person close to the Nalco deal said. “There are lots of reasons why [equity can be shared out] without it being sinister.”...
...Even though only a fortnight ago the Indian cabinet approved the divestment of stakes in Neyveli Lignite and Nalco, investors had expected that fierce opposition from the Communist Party of India-led Left...
...Even though the Indian cabinet had only a fortnight ago approved the divestment of stakes in Neyveli Lignite and Nalco, investors had anticipated that fierce opposition from the the Communist Party of India...
...Other investments which have been returned quickly to market include Nalco, the water treatment business part-owned by Blackstone....
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