Plant-based ingredients provider Naturex has divested its stake in the joint venture with Aker Biomarine which was created to krill extract production. As part of the agreement, Aker BioMarine will pay Naturex an undisclosed sum ...
Tags: Naturex, Aker Biomarine, Ingredients provider, Extract production
Germany's biggest lender, Deutsche Bank, has agreed to sell its nearly 20-percent stake in Chinese bank Hua Xia for around 3.3 billion U.S. dollars to PICC Property and Casualty Company. The sale still has to be given the ...
Tags: Deutsche Bank, Hua Xia Stake
The China-initiated Asian Infrastructure Investment Bank (AIIB), a complement to existing international financial system, was formally established Friday in Beijing and expected to start operation early next year. "The AIIB is legally ...
Tags: AIIB
China Vanke has issued a statement on Wednesday night, welcoming Anbang Insurance to become one of its big share-holders. Earlier this week, Anbang raised its stake in Vanke to 7 percent by acquiring shares worth over 2.8 billion yuan. ...
The European Commission has cleared commodities trading group Trafigura's minority holding in Belgium-based zinc and lead producer Nyrstar. In November, Trafigura told the EC its minority 20.02% stake in Nyrstar -- held through its ...
Tags: Nyrstar, Zinc, lead metal
Gas Natural Fenosa plans to invest $1.1 billion over the next decade to double its number of clients at Chilean subsidiary Metrogas to 1.5 million, from around 700,000 currently, CEO Rafael Villaseca said Tuesday. During the first five ...
Havells India, a manufacturer of lighting and electrical products, plans to sell most of its stake in European lighting system and fixtures company Sylvania. Sylvania is one of the four leading lighting brands in Europe and Latin America. ...
Tags: Havells, LED lightings, electrical products
Supply chain logistics company Brambles has moved to 100 per cent ownership of keg logistics and distribution business Kegstar ahead of an expansion into the UK market. Brambles, which bought an initial 30 per cent in Kegstar in March ...
New Zealand-based dairy cooperative Fonterra will sell its 50% stake in DairiConcepts to US-based cooperative Dairy Farmers of America (DFA) for NZD$196m ($126.7m) . DairiConcepts is the joint venture between Fonterra and DFA. Under ...
In a generation where people compare looks and family backgrounds, the business sector is also engaged in similar competitions. The LED industry is a field that is not short of manufacturers showing off their renowned backers. LEDinside ...
Infineon Technologies AG of Munich, Germany says that is the market leader in power semiconductors for the twelfth consecutive time. Following the firm's acquisition of International Rectifier at the beginning of 2015, Infineon has a market ...
Tags: power semiconductors, Electronics
Dutch brewing company Heineken is planning to fully acquire United Breweries (UB), an India-based conglomerate with a major focus on the brewery (beer) and alcoholic beverages industry, for undisclosed amount. The Dutch brewer currently ...
Tags: Heineken, alcoholic beverages, beer
Thai Union Frozen Products (TUF) is considering divesting its stake in American tuna brand Chicken of the Sea, a move that could clear the way for its planned $1.5bn acquisition of Bumble Bee Foods. TUF CEO Thiraphong Chansiri was quoted ...
Tags: Frozen Products, Chicken
The European Bank for Reconstruction and Development (EBRD) is providing €44.7m as loan to Coca-Cola Beverages Tajikistan (CCBT) for setting up a greenfield soft drink bottling plant in that country. Aimed at cutting down on imports ...
Tags: Coca-Cola Bottling, soft drink
Flexible packaging firm GualapackGroup has acquired a majority stake in Tradbor Indústria e Comércio (Tradbor Stand-up-Pouches), a pre-made stand-up pouches manufacturer in So Paulo, Brazil. The Brazilian company is stated ...
Tags: packaging material, packaging carriage, GualapackGroup