According to the report from Taiwan Central News Agency, research institutes forecast that the global demand for LED commercial lighting (including office, retail store, hotel, etc.) in 2013 will reach $ 1.059 billion, a substantial ...
The proposed merger of UK-based soft drink giants AG Barr and Britvic has received provisional clearance from the Competition Commission (CC) of the UK. The commission reviewed the context of the potential transaction and said that the ...
Tags: soft drink, Food
According to the data from the World Steel Association, Korea's largest steelmaker Posco ranked as world's fifth largest crude steelmaker in 2012, down from the fourth in 2011. ArcelorMittal remains the top one of crude steelmaker as it ...
Tags: Metallurgy, Mineral, Energy, steel, Crude Steel
Berkshire Hathaway and 3G Capital have completed the previously announced $28bn acquisition of American food company HJ Heinz. The consortium had entered into an agreement on 14 February to acquire Heinz for $28bn, including the ...
Tags: 3G Capital, HJ Heinz
UK-based Burton’s Biscuit is investing £4.6m at its facility in Llantarnam, south Wales to boost production and support new product development, a move which safeguards 800 jobs at the facility. The new investment is part of ...
Tags: Biscuit, Agriculture
It is reported that the United Arab Emirates is forming the world's fifth largest aluminum company by merging its 2 state owned aluminum company. The merger of Dubai Aluminium and Emirates Aluminium creates a company with enterprise ...
Tags: UAE, Aluminum Firm, Construction&Decoration
Florida-based Cash & Associates has inked an agreement with Digital Insurance, a US-based employee benefits-only agency, to merge its health insurance and benefits division into the Orlando office of Digital Benefit Advisors (DBA). The ...
Tags: Insurance, Digital Insurance, Service
Solar cell maker Neo Solar Power (NSP) has announced May consolidated revenues of NT$1.114 billion (US$37 million), representing an on-month growth of 8.92% compared to NT$1.023 billion in April, and an on-year decrease of 16.75% compared ...
Tags: Solar Power, Solar cell
On 24 May the Directorate-General for Competition of the EU Commission approved the planned merger of the Label & Processing business division of Ahlstrom with Munksj? AB with the restriction that the Ahlstrom activities in the areas of ...
Tags: Construction, Decoration
The investment firm Mutares sold the veneer converter HIB-Trim Parts to its competitor NBHX. The sale took effect retroactively to 1 January. The German Federal Cartel Office approved the merger on 16 May and the sale closed on 28 May. Both ...
Tags: Construction, Decoration
France-based Rousselet-Robatel — a manufacturer of centrifuges and complete process lines for a variety of industries including textile, pharmaceutical and chemical among other industries — has acquired an equity share in ...
Tags: Textile, centrifuges
German media operator Bertelsmann and English publishing and education service provider Pearson (NYSE: PSO) last Friday declared that merger between Random House affiliated to Bertelsmann and Penguin Group under Pearson has gotten approval ...
T-Mobile had been using Software AG's Aris to align its business processes for over a decade, but when news broke of a merger with Orange, the company had to review whether the platform was still the best fit for the job. EE's head of ...
Tags: EE, Aris, Customer Experiences
Exor, the main shareholder in Italian carmaker Fiat, has sold 15% stake in its Swiss inspection services firm, SGS, to Belgian investment firm Groupe Bruxelles Lambert’s subsidiary, Serena of (GBL) for about EUR2bn. The move frees ...
Tags: Fiat Owner, SGS Stake
Tower Group International (TWGP) has inked a deal to purchase American Safety Reinsurance (ASRe), the Bermuda-based reinsurance firm, from Fairfax Financial, at a total consideration of nearly $59m. After completion of the transaction, ...
Tags: Tower Group, Fairfax Financial