(Reuters) – Turkey’s largest private pension fund Oyak has agreed to buy German alumina products maker Almatis from Dubai International Capital (DIC), the company said in a statement on Tuesday. Terms ...
(Reuters) Oaktree Capital, a senior debtholder in German aluminum company Almatis, ratcheted up its fight against Almatis’s equity owner, Dubai International Capital, over the best way to restructure ...
The private investment firm Investcorp has agreed to acquire Almatis, the former Alcoa Specialty Chemicals, for an undisclosed sum. The sellers are Rhone Capital and Ontario Teachers' Private Capital, ...
02 May 2010 Debt-Laden German aluminium producer Almatis has filed for chapter 11 bankruptcy protection in the US after rejecting a refinancing proposal from its owner Dubai International Capital. The ...
The reorganisation caps months of battling over Almatis between Dubai International Capital, or DIC, and Oaktree Capital Management LP, which invests in ailing companies. DIC will invest $100 million ...
Oaktree Capital Management, an asset manager battling Dubai International Capital for control of Almatis, plans to revise its debt-restructuring plan for the German alumina-products maker, a person ...
Debt-laden metals company Almatis rejected a refinancing deal by its Gulf owner and filed for Chapter 11 bankruptcy protection on Friday in a move to cut its borrowings and help it emerge with a ...