Simmons' new advertising agency will be aiming to boost new high-end bedding lines that could launch early next year, the company said. The goal of the campaign is to redefine the luxury bedding purchase, Simmons executives said. ...
Tags: Bedding Lines, Furniture, Furnishing
Netherlands-based financial conglomerate ING has inked an agreement with Seoul-based private equity firm MBK Partners, to divest its South Korean insurance business, in a transaction valued at nearly KRW1.84trn (€1.24bn). Following ...
Tags: Insurance, MBK Partners
In the next stage, Baosteel Co., Ltd will focus on boosting Zhanjiang Steel construction and key projects such as 3 blast furnaces overhaul,etc. as well as technical renovation project, compiling 2014 plan for fixed asset investment, ...
True Religion Apparel, Inc announced the appointment of David Conn as Chief Executive Officer and named a new leadership team that, together with the Company’s new owner, TowerBrook Capital Partners L.P. (“TowerBrook”), ...
Tags: True Religion
Oaktree Capital Group has engaged investment banking firm Goldman Sachs to find a suitable buyer for packaging company Tekni-Plex, in a transaction which could be worth $800m, according to sources. Five years back, the US-based investment ...
Tags: Oaktree Capital, Tekni-Plex
Investors around the globe are on edge amid more volatility in financial markets as Wall Street attempts to wean itself off stimulus and fears intensify about China's banking system, sending Australian shares sharply lower to the point of ...
Tags: Investors, Wall Street, Financial Markets
LUXeXceL Group, the inventor of the proprietary Printoptical Technology, announced today the completion of the A-round by a Dutch Venture Capital company Chrysalix SET and the US based Turnstone Capital Management. The proceeds of this ...
Crude futures fell to fresh lows immediately ahead of the 2:30 p.m. EDT (1830 GMT) market settle Wednesday, as the oil complex extended an overnight selloff in US trading after equity markets slid throughout the the session. NYMEX July ...
Tags: Metallurgy, Mineral, Energy, oil
Dashang (SHSE: 600694) on May 27 announced the restructuring plan following more than three-month trade suspension to acquire retail business and related assets under Dalian Dashang Group and Dalian Dashang Investment Management at CNY ...
GR–NEAM, a wholly-owned subsidiary of General Re, has set up a new office in London, UK, in an effort to expand its global insurance asset management capabilities. A branch of the company's Dublin subsidiary, the new office is ...
Tags: GR–NEAM, subsidiary
Fairfax Financial Holdings has signed a merger agreement to enable Hartville Group of Canton, Ohio, to become a wholly-owned firm of Crum & Forster's US Fire Insurance, subject to customary conditions including regulatory approval. The ...
Tags: Fairfax, Hartville Group
Starr International Insurance (Asia), a global insurance organization, has received Philippine Insurance Commission's approval to set up a branch office in the country to offer general insurance product and services. The company plans to ...
Connecticut-based specialty investment management firm, Fermat Capital Management has inked a licensing agreement with EQECAT for use of its Risk Quantification & Engineering (RQE) version 13 catastrophe modeling platform. As part of the ...
Oil futures closed US trading above Friday's settles Monday, after driving higher shortly ahead of the 2:30 p.m. EDT (1830 GMT) NYMEX market settle on geopolitical concerns arising out of the escalating conflict in Syria. NYMEX June crude ...
Tags: Oil Futures, Chemicals
Legal & General (L&G), the UK based diversified financial conglomerate, is planning to purchase New Ireland Assurance's existing annuity business as well as a fraction of its future business, in a deal valued at nearly 136m (£114m). ...