AMC Entertainment said that it plans to use the offering's net proceeds mostly to retire outstanding debt. AMC Entertainment was purchased by Chinese conglomerate Dalian Wanda Group Co. in September 2012 in a $2.6 billion deal. AMC Entertainment owned, operated or held interests in 343 theaters in North America as of Sept. 30.» Read More
*Ralf Thomas, CFO of Siemens' Industry business, named group CFO. FRANKFURT/ MUNICH, Sept 18- Siemens named company insider Ralf Thomas as its new finance chief on Wednesday, replacing Joe Kaeser who was promoted to the chief executive's post last month following the departure of Peter Loescher in a bitter boardroom battle.
*Thomas, CFO of Siemens' Industry business, named CFO. MUNICH/ FRANKFURT, Sept 18- German engineering conglomerate Siemens named insider Ralf Thomas as its new finance chief in a management reshuffle on Wednesday, replacing Joe Kaeser who was promoted to the chief executive's post last month following a fierce boardroom battle.
CARACAS, Sept 13- At least five Venezuelan newspapers have temporarily stopped publishing in recent weeks for lack of paper, the latest of a string of shortages that threaten to hurt the socialist government's popularity.
LONDON, Sept 12- Swiss police searched the Geneva residence of Israeli billionaire Beny Steinmetz last month as part of an investigation into mining rights in Guinea, a spokesman for BSG Resources, the mining arm of his conglomerate, said on Thursday.
DALIAN, China, Sept 11- Chinese property developer Dalian Wanda Group says it can afford to spend as much as $5 billion every year to buy foreign firms or assets, underscoring the rising clout of the firm as it expands abroad.
**MOLEX INC, $38.54, up 31.4 pct. The maker of electronic connectors and cable assembly products said privately owned energy and chemicals conglomerate Koch Industries would buy it for about $7.2 billion. **MOSAIC CO, $43.69, up 3.6 pct.
**MOLEX INC, $38.47, up 31 pct. The maker of electronic connectors and cable assembly products said privately owned energy and chemicals conglomerate Koch Industries would buy it for about $7.2 billion. Shares of fertilizer companies jumped after Russian President Vladimir Putin said on Friday that it was necessary to resolve a potash dispute with Belarus.
U.S. stocks rose, helping the S&P advance for a fifth straight day following upbeat economic data from China, though concerns about the possibility of a Western strike against Syria tempered investor enthusiasm. **MOLEX INC, $38.47, up 31 pct.
U.S. stocks rose at the open in the wake of upbeat economic data from China, though concerns remained about the possibility of a Western strike against Syria and its impact on the global economy. **MOLEX INC, $38.47, up 31 pct.
U.S. stocks were set for a modestly higher open on Monday in the wake of upbeat economic data from China, though concerns remained about the possibility of a Western strike against Syria. **APPLE INC, Friday close $498.22, up 1.5 pct premarket.
Sept 9- Molex Inc, a maker of electronic connectors and cable assembly products, said privately owned energy and chemicals conglomerate Koch Industries will buy it for about $7.2 billion. The deal for $38.50 per share in cash represents a 42 percent premium on average to the Friday closing prices of Molex's two classes of publicly traded shares, Molex said.
MUMBAI, Sept 9- After the rapid slide in India's rupee this year, the message from the country's corporate titans to the government is clear: shape up and fix the problems or more companies will expand their business abroad and deprive the economy of investment.
NEW YORK, Sept 6- Johnson& Johnson has launched a sale process for its Ortho Clinical Diagnostics unit, which makes blood screening equipment and laboratory blood tests and could fetch around $5 billion, three people familiar with the matter said on Friday.
HELSINKI/ SEATTLE, Sept 3- In an era when shiny new tech start-ups can be worth tens of billions of dollars, Microsoft's deal to acquire Nokia's mobile handset business for 5.44 billion euros is a modest one from a strictly financial point of view.
Aug 30- General Electric Co plans to spin off the U.S. consumer lending operations of its finance arm GE Capital, as the conglomerate moves to focus on its core industrial operations, a person familiar with the matter said.
Aug 30- U.S. cinema chain AMC Entertainment Holdings Inc filed with regulators for an initial public offering up to $400 million, roughly a year after being acquired by China's Wanda Group. AMC plans to list its Class A stock on the New York Stock Exchange under the symbol "AMC", the company said in a filing with the U.S. Securities and Exchange Commission on Friday.
SINGAPORE, Aug 29- Singapore property and drinks conglomerate Fraser and Neave Ltd said on Thursday its joint venture partner, which is run by the Myanmar military, plans to start arbitration proceedings over the company's stake in Myanmar Brewery Ltd..
TORONTO, Aug 28- Bombardier Inc signed a preliminary deal on Wednesday to sell 50 of its Q400 NextGen aircraft to Russian industrial and defense conglomerate Rostec as part of a broader agreement that will lead to a final assembly line for the planes in Russia.
South Korean conglomerates, known as "chaebols," have dominated the economy here for decades but as CNBC's Chloe Cho finds out, a new start-up culture is emerging.
MUMBAI, Aug 28- Indian companies such as Whirlpool of India Ltd say they can't plan more than a couple of months out as a fast-falling rupee currency drives up the cost of imports, forcing them to raise prices even as consumer spending crumbles.