Wednesday, 10 February 2010
TDU.LS
TDU.LS Well, that Iran put “de roda de fortuna”, i.e. wheel (from yesterday bicyclist killed in London Bridge) at my window this night, is telling me something. Isn’t it? Dear ongoing…, yesterday (see the chart), Markets react in this way to the news: “…LONDON (Dow Jones)--The cost of insuring the sovereign debt of Greece, Portugal, and Spain against default fell Tuesday, after Portugal announced plans for a 10-year, syndicated bond issue, and as markets continued to speculate on possible support measures ahead of a European Union summit Thursday. After widening dramatically for several days, Portugal's five-year sovereign credit default swap spreads tightened to around 231 basis points Tuesday afternoon from 242 basis points at Monday's close, while Greece's five-year sovereign CDS tightened strongly, to 391 basis points from over 421 basis points, according to data provider Markit. Spain's five-year CDS tightened 10 basis points to 162 basis points. At one point Tuesday afternoon, traders described Greece's sovereign CDS spreads as "screaming tighter" to around 380 basis points…”Or you (and me) are in a roll, and we can get things sorted quickly, or I (and you) going to nowhere. What’s it coming to be? With my “Working Lings.co.uk) you, who should make up your minds. Are you want Down-time or you want Up-turn? Personally, you with Gasprom’s Karachi can’t pass in my eyes beyond of the “Aurora Residence’s” next construction. Clear, that things right now seems kind off (i.e. kinda) well, - tedious, tenuous, and, including from you, - semi-hostile. COP15, look for yourself (see the TDU.LS):
Camargo to Pay $1.3 Billion for Cimpor Stake Owned by Teixeira. Feb. 10 (Bloomberg) -- Camargo Correa SA, a Brazilian cement maker, agreed to buy 22.2 percent of Cimpor-Cimentos de Portugal SGPS SA to become the biggest shareholder, heating up a three-way Brazilian pursuit for parts or all of the Portuguese company. Camargo will pay 6.50 euros for each of the almost 149 million Cimpor shares it plans to buy, valuing the transaction at about 968 million euros ($1.33 billion). Camargo is buying the stake from Portuguese construction company Teixeira Duarte- Engenharia e Construcoes SA, the Sao Paulo-based company said today in a filing with Portugal’s securities regulator. Closely held Camargo is the second Brazilian cement maker to seek a minority stake in Cimpor since Companhia Siderurgica Nacional SA started a 3.86 billion-euro hostile bid in December. Votorantim Cimentos SA, the Latin American country’s No. 2 cement producer, agreed Feb. 3 to buy a 17.3 percent stake. CSN offered 5.75 euros, a bid Cimpor has dismissed as too low. Buying into Cimpor may help Camargo and Votorantim ward off the entry of a new competitor. CSN, Brazil’s biggest steelmaker, expanded into cement last year, and buying Cimpor would lift cement sales to 34 percent of its total revenue from 2 percent, according to Raymond James analyst Francisco Schumacher. Camargo may buy an additional 3 percent of Cimpor from other shareholders, it said today, without identifying them. It said it wants to act “as partner to all those who want to strengthen a Cimpor that’s Portuguese, but with an international presence and ambition.” Cimpor shares fell 3.2 percent to 5.66 euros as of 10 a.m. in Lisbon. Trading had been suspended before the Lisbon exchange session opened at 8 a.m., and it resumed at 9:30 a.m. Teixeira Duarte shares surged as much as 24 percent to 1.06 euros, their biggest intraday gain since March 2000. Last Updated: February 10, 2010 05:25 EST
Юлию Тимошенко призывают уйти в отставку самой, а не "вперед ногами"
Комсомольская правда - 28 мин. назад
22:30 3-2-2010. CIMPOR rejeita OPA
19:28 16-1-2010 CIMPOR: Camargo-Correa de lancer OPA
12:28 14-1-2010 Governo atento a movimento na CIMPOR
Teixeira Duarte sobe mais de 17% e Cimpor desliza mais de 3%. As acções da Teixeira Duarte disparam 17,72%, depois de a empresa ter chegado a acordo com a Camargo Corrêa para a venda da participação que detinha no capital da Cimpor. Já a cimenteira recua mais de 3%, numa altura em que o sucesso de uma OPA é cada vez menos provável.
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