Global oil and gas service company, AGR, has long had a presence throughout Africa and so will be building upon this at the 20th Africa Oil Week in Cape Town (25-29 November). The richness and diversity of hydrocarbon habitats, combined ...
Tags: oil, Metallurgy, Mineral, Energy
United Mechanical and Electrical Co. (United M&E) invested RMB 320 million (US $53.33 million) in an offshore energy efficient, environmental, and clean energy project. Subsidiaries Zhejiang United Mechanical and Electrical Co. and Insigma ...
Tags: LED, LED Street Light, Lights, Lighting
Private equity (PE) activities have increased substantially in the Chinese market over the past decade. PE funds invested in China rose to USD 15 billion in 2012, from below USD 1 billion in 2000. China now represents approximately 10% of ...
Tags: global investment, economy
Global pharma companies Sanofi, Novartis and GSK are competing to acquire the domestic formulations business of debt-burdening Elder Pharmaceuticals. People familiar with the matter were quoted by media sources as saying that Sanofi and ...
Tags: Domestic Formulations, Medicine
Seven Seas Water Corporation has named Claudio Baldovino as president, South America. Claudio Baldovino joins Seven Seas Water as president, South America and a member of the Company’s Executive Committee. He comes to Seven Seas ...
Property and casualty insurer ACE has reported net income of $953m during the first quarter of 2013, with a decrease of 2% compared to $973m during the corresponding period earlier year. For the latest quarter period ended on 31 March ...
Tags: ACE, Net Income
Equity fund managers marginally beat the market in the first quarter, with income-focused funds performing best as the global hunt for yield drives up stocks such as banks and property trusts. For the three months to the end of March, the ...
Tags: Yield, Equity Funds
The acquisition will support TCS' European plans India based IT services company, Tata Consultancy Services (TCS) has signed a deal to acquire the French IT service provider Alti for €75m. The acquisition will help TCS expand its ...
Chicago-based private equity firm CIVC has disposed of underwriter of vehicle service contracts GWC Warranty (GWC) to Stone Point Capital. Further terms of the transaction have not been disclosed. Headquartered in Wilkes-Barre, ...
Tags: CIVC, private equity firm, GWC
Floor covering designer and manufacturer Tandus Flooring Inc., Dalton, Ga., has been acquired by sustainable flooring and sports surfaces manufacturer Tarkett Group, France, for an undisclosed price. Tandus's roots go back to 1803. In ...
Tags: Textile World, Tandus, carpet maker, carpet
By 2030 around 70 percent of the Europe's energy requirements is predicted to come from abundant reserves of gas in Russia, the Artic and the neighboring areas of southeast Asia and North Africa. Also to the European Union's 27 member ...
Tags: Pipe, Europe, coatings market, energy
There were, despite continued economic uncertainty in many Western markets and concerns over slowing growth in the East, signs that M&A activity rebounded in the food sector this year. Data for the whole of 2012 has not yet been published ...
Tags: European M&A advisors, food sector, Food
Crossbeam has been bought by private equity firm Thoma Bravo, opening up the door for the security company to expand its product line both in-house and via acquisitions. Known for its high-end X-Series hardware that supports software of ...
Tags: Blue Coat, BT, cloud, Crossbeam, Crossbeam bought
Denmark based AP Moller Maersk Group, one of the largest port operators in the world, has emerged as the frontrunner to acquire a significant stake to be offloaded by Infrastructure major, Larsen and Toubro at Dhamra Port located in Orissa. ...
Tags: AP Moller Maersk Group, port operator, acquisition, infrastructure
IDG News Service-Box has received$125 million in funding,an infusion the company will use to boost its international expansion and strengthen its cloud-hosted enterprise collaboration,storage,file-sharing and content management software. ...
Tags: private equity funds, investment, enterprise collaboration, file-sharing