We need Mitsui and if you look at there deals they have done in the past. They usually want a substantial equity for the cash they provide. Most of the deals on there Japanese and Australian website is north of 20% stake.
Europe is not going give us 170 Million loan. That's a pipe dream.
- Financing agreement for the Taza Onshore Wind Power Generation Plant in the Kingdom of Morocco comes into force.EDFR (60%), Mitsui (40%).
- Mitsui to Participate in Coating Manufacturing and Sales Business in Europe.After the investment, Mitsui's equity stake will be 20%, and Kansai Paint's will be 80%.
- Mitsui entered into an agreement to acquire a 25% stake in Hexagon Composites ASA, a Norwegian manufacturer of composite pressure vessels.
- Mitsui announce that LABIX Company Limited ("LABIX") of Thailand, a J/V established with a wholly-owned subsidiary of Thai Oil Public Company Limited ("Thai Oil"), began production this March of Linear Alkylbenzene ("LAB") with a capacity of 100,000 tons a year, in line with the original plan.
- Mitsui has entered into a basic agreement with JX Nippon Mining & Metals Corporation, to sell its entire interest (22.63%) in Caserones copper mine ("Project") in Chile.
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