Crestview Partners has agreed to acquire Accuride, which supplies components to the North American and European commercial vehicle industries. Crestview Partners is a New York based private equity firm, which will acquire Accuride for ...
Tags: Crestview Partners, Accuride, acqusition
German automaker Volkswagen has invested $300m in Israeli ride hailing provider, Gett, which competes with Uber, Lyft, and Didi Chuxing. Volkswagen's investment comes months after General Motors injected $500m into privately held American ...
Tags: Volkswagen, automaker
The Australian Competition and Consumer Commission (ACCC) has approved the £71bn merger of Anheuser Busch InBev and SABMiller, after concluding that the deal would not affect the domestic market. The regulator's decision came after ...
North Carolina Attorney General Roy Cooper spoke at a Teamsters rally outside of the MillerCoors brewery in Eden, North Carolina. MillerCoors announced plans to close the Eden brewery in September 2015, just two days before merger talks ...
Tags: MillerCoors, Eden brewery, ABI, SAB, North Carolina Brewery
Japanese Omron Automotive Electronics (OAE) has agreed to plead guilty and pay $4.6m fine for its involvement in rigging bids for power window switches in Honda Civics, the US department of justice (DoJ) said. The justice department said ...
Tags: OAE, Bid rigging case
The European Union (EU) has ended an investigation without changing the minimum import pricing previously agreed on for China-produced PV modules, according to China's Ministry of Commerce. The EU in 2013 imposed antitrust tariffs on ...
Tags: PV Modules, PV
Anheuser-Busch InBev faced some serious queries from the US lawmakers over its plan to acquire SABMiller. The lawmakers are concerned that deal could stifle the growing craft beer industry. The £71bn deal that was announced in ...
Tags: craft beer, caft beer industry
Leyard Optoelectronic, a leading worldwide provider of LED display products and ancillary systems, and Planar Systems, a global leader in display and digital signage technology, announced they have entered into a definitive merger ...
Tags: Leyard, LED display products
Grammer has signed a contract for the acquisition of the Reum Group, a provider of surface, plastics and metal technology. Reum is specialized in developing and manufacturing high-quality, design-oriented metal and plastic combinations, ...
The 25th China-U.S. Joint Commission on Commerce and Trade was successfully held in Chicago, the United States, on December 16-18, 2014. Consensus has been reached by China and the United States as follows: Export Control: The ministries ...
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
Thai Union Frozen Products (TUF) is planning to raise close to $380m, which will fund its planned acquisition of Bumble Bee Seafoods. TUF will offer up to 795.3 million new shares to its existing shareholders at $0.4685 each, Reuters ...
Tags: food, Bumble Bee Seafoods
US based vehicle remarketing services Cox Automotive has voluntarily pulled out its filing under the Hart-Scott-Rodino Antitrust Improvements Act as amended to provide the US Department of Justice additional time for reassessing the ...
Tags: automobile manufacture, Cox Automotive, auto accessories
GE has inked a pact for selling its fleet operations in the US, Mexico, Australia and New Zealand to Element Financial Corporation for $6.9bn, as well as divested its European fleet businesses to BNP Paribas arm Arval. While the ...
Bangladesh has expressed concern over the US trade bill concerning the Trans Pacific Partnership (TPP) apprehending that a less developed country (LDC) like Bangladesh would lose its competitive edge in the American market due to ...
Tags: US trade bill, American market, Apparel