Packaging company Ardagh is almost said to have completed its €3bn acquisition of the glass packaging unit of Saint Gobain. Saint Gobain has been considering the sale of Verallia to focus on higher-margin home and construction ...
Tags: Glass Packaging, Packaging
Two investment funds KKR and CVC Capital Partners have emerged as top bidders for Pivovarna Lasko, a Slovenian brewery. Three other bidders - Mid Europa Partners, Bain Capital and Dutch brewer Heineken - were urged to submit improvised ...
Pivovarna Lasko, a leading brewer in Slovenia, has secured five binding bids in a sale that iis likely to be completed by June end. Though the names of the bidders have not been announced officially, local media reports say that Dutch ...
Tags: Pivovarna Lasko, bids, Food
Heineken has expressed interest in acquiring Slovenian brewer Pivovarna Lasko, in a deal that would allow the Dutch brewing company to enter into Slovenia where it is not currently present. Lasko is up for sale since last year and ...
The US Department of Justice announced that a Detroit federal grand jury has indicted an executive of Takata on one-count for conspiring and price fixing of seat belts sold to car makers. Hiromu Usuda, the accused executive allegedly ...
Tags: seatbelts, car makers, Auto
Cairo based Al-Nour Company for Dairy Product has placed a new bid to acquire 100% shares of Arab Dairy Product Company (ADPC). The Egyptian Financial Supervisory Authority (EFSA) has approved Al-Nour's decision to purchase the company ...
Tags: Dairy Product, Agriculture
US-based food manufacturing company Kellogg's has once again raised its offer to acquire Egyptian cake and biscuit maker Bisco Misr to £89.86 per share, in an increasing $144m takeover battle. Kellogg's new offer overtakes Abraaj ...
Tags: Egyptian cake, biscuit maker, Agriculture
Dutch company Cargotrax has introduced, claiming to be the first company in Europe,an online auction service for freight (truck loads). The company claims to have 400,000-plus truckers and more than 2.5m freight senders on its network. ...
Tags: online auction, Service
Spot export offers for Chinese magnesium ingot on a FOB basis generally remained steady, supported by stable domestic prices in steady trading volumes, industry sources said Thursday. Platts assessed its weekly magnesium ingot (minimum ...
Tags: Magnesium, magnesium ingot, Mineral
At the end of 2014, Hastings-based upholstery manufacturer Collins and Hayes will bid farewell to Bruce Cowen, who has worked for 32 loyal years as the company's area sales manager and, more recently, its agent in the South-west of England. ...
Tags: upholstery manufacturer, Furniture
US-based food manufacturing company Kellogg's has raised its offer to acquire Egyptian cake and biscuit maker Bisco Misr to £82.2 per share. Kellogg's new offer overtakes Abraaj Investment Management's latest offer of ...
Tags: Egyptian cake, biscuit, Agriculture
Monte Carlo Fashions Ltd, a marketer and retailer of woollen and cotton apparels is coming out with an IPO to raise around Rs 350 crore through a book building process. The promoters led by Jawahar Lal Oswal of Oswal Woollen Mills and ...
PET and plastic packaging supplier Petainer has been named as the reserve bidder for the purchase of APPE with a bid of approximately €300m. Petainer will be getting financial backing from Next Wave Partners and KKR Asset Management ...
The US Department of Justice announced that Continental Automotive Electronics and Continental Automotive Korea have agreed agreed to plead guilty for bid rigging of vehicle equipment sold to vehicle makers in the country. The companies ...
Tags: bid rigging, plead guilty, Auto
The Grib diamond mine in Russia, owned by the somewhat unlikely candidate of oil supplier Lukoil, is arguably the most prospective of the new generation of diamond mines. Therefore, its launch of commercial mining earlier this year and the ...
Tags: Grib Diamonds, Diamonds