Nippon Life Insurance will invest about 1.5 trillion yen in private credit and structured credit strategies through Blackstone over the next five years, the companies said Wednesday.
The allocation is part of a broader partnership between the two firms, which also covers real estate and asset management capabilities.
NMDC (NSE:NMDC, BOM:526371) said it has set iron ore prices effective June 3, according to a Wednesday filing on Indian bourses.Baila Lump (65.5%, 10-40 mm) has been priced at 5,700 Indian rupees per ton, while Baila Fines (64%, -10 mm) have been fixed at 4,850 rupees per ton, the filing said.Shares of the company rose over 1% in recent trade.
French industrial gases company Air Liquide plans to invest nearly 200 million euros in a new nitrogen production unit in South Korea to support SK Hynix's (KRX:000660) new packaging and testing fab "P&T7", situated in Cheongju, Air Liquide said in a Wednesday release.The Cheongju facility is an industrial project dedicated to the advanced packaging of high-bandwidth memory (HBM).Air Liquide's new facility will supply high-purity gases and high-purity compressed air to the fab and is expected to commence operations in late 2027, the report said.
Shandong Buchang Pharmaceuticals (SHA:603858) subsidiary Buchang Qihang Pharmaceutical Sales completed the industrial and commercial registration changes to expand its business scope, according to a Wednesday filing with the Shanghai bourse.The subsidiary, with a registered capital of 6 million yuan, now holds approval for pharmaceutical retail and wholesale, Class III medical device operations, disinfection device sales, and road freight transport.Shares of the pharmaceutical company were down 1% Wednesday.