Mizuho Corporate Bank (China), Ltd., a wholly-owned subsidiary of Japanese commercial lender Mizuho Corporate Bank, Ltd., has gained regulatory approval to expand registered capital by CNY 3 billion. People in the know disclosed in an ...
Tags: bank, economy, Registered Capital
Darling International, a US-based provider of rendering and bakery residuals recycling solutions, is set to acquire Vion Ingredients, a division of Vion Food, for approximately EUR1.6bn. Vion Ingredients is engaged in the development and ...
Tags: Vion Ingredients, Food
Joe’s Jeans Inc. announced it has completed the acquisition of Hudson Clothing Holdings, Inc., a leading global designer and marketer of women’s and men’s premium branded denim apparel. “We are very pleased to have ...
Tags: Hudson Clothing, Apparel
San Francisco-based private equity investment firm Hellman & Friedman has acquired Chicago-based insurance brokerage firm, Hub International, from Apax Partners, in a transaction worth approximately $4.4bn. Commenting on the transaction, ...
Tags: insurance, investment funds
While industrial performance has stabilised, industry's share in Europe's GDP has declined from 15.5% of GDP one year ago to 15.1% in summer 2013. The two industrial Competitiveness reports published today by the European Commission ...
Tags: Service, industry economy
Combined with a more favourable sterling to euro exchange rate, this “good growth” is projected to lead higher revenue for the period to 30 September, RPC said in its pre-close trading update. The rigid plastics packaging firm ...
Tags: Coffee Capsules, RPC
Industry analysts seem to agree that TransForce's offer to buy Vitran's Canadian operations for US$4.50 per share would be a good deal for Canada's largest LTL carrier. Walter Spracklin, analyst with RBC Capital Markets, said the deal ...
Tags: Transportation, Auto, Car
Canadian smartphone maker BlackBerry has agreed to a US$4.7bn takeover bid from a consortium led by its biggest shareholder, Fairfax Financial. In a statement released today, the company has signed a letter of intent agreement under which ...
Tags: Blackberry, Consumer Electronics, smartphone
World number two truck maker Volvo (VOLV-B.ST) said on Wednesday deliveries of its trucks dropped four percent year-on-year in August as shipments fell in both Europe and North America, held back by an extensive renewal of its product line. ...
Tags: Volvo, truck, Transportation
New York-based multinational insurance holding company AmTrust Financial Services has inked a contract to acquire the Insco Dico Group, in a transaction worth nearly $85m. Funded through existing working capital, the acquisition is ...
Tags: Service
Current proprietary software models are not fit for purpose as companies increasingly enter the cloud, IT bosses from Channel 4, accounting software firm Sage and Investec Bank have agreed. Speaking on a customer panel at Amazon's AWS ...
Tags: Computer Products, software
Armstrong World Industries, Inc. announced the pricing of an underwritten secondary public offering of 12,057,382 common shares of the company held by The Armstrong World Industries, Inc. Asbestos Personal Injury Settlement Trust (the ...
Tags: Construction, Decoration
Armstrong World Industries, Inc. has announced a secondary public offering of 10,057,382 common shares of the company held by The Armstrong World Industries, Inc. Asbestos Personal Injury Settlement Trust (the "Trust") and Armor TPG ...
Tags: Construction, Decoration
Barge-delivered Central Appalachian coal for Cal 2014 fell 60 cents/st Tuesday as the contract was seen trading down through the session. Platts assessed the Cal 2014 price at $55.75/st, the lowest level for a front-year contract since ...
Braskem, the largest producer of resins in the Americas, in response to the letter received from the Brazilian Securities and Exchange Commission (CVM), seeking clarification on the report in the Valor Econômico newspaper about its ...
Tags: Cotton Bales