The latest on Monday,

- Barclays confirms new equity sale to investors under consideration – statement

- Land of Leather confirms it is “finalising an underwritten equity fundraising” – statement

- Russian investors in TNK-BP sought to acquire 7.6% of BP Plc shares – Kommersant, Reuters

- Babcock lenders review firm’s A$2.8bn debt facility after market capitalisation halves – Reuters

- Absolute Capital Management demerges Argo and appoints new management – statement

- Arcelor Mittal announces acquisition of US Bayou Steel for $475m – statement – and acquires further 11% stake in Turkish steel company Erdemir – statement

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This entry was posted by Sam Jones on Monday, June 16th, 2008 at 7:45 and is filed under Capital markets, Hedge funds, M&A, People. Tagged with AbCap, ArcelorMittal, argo, babcock & brown, barclays, Bayou, bp, Erdemir, Land of Leather, TNK-BP. Edit this entry.