Private equity investing firm Abraaj Group has decided to withdraw from the bidding process for the acquisition of Egypt's BiscoMisr. The company had offered $12.14 per share to purchase up to 100% of the share capital of Egyptian cake ...
Tags: Egyptian cake, biscuit maker, 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
Art this year, became something everyone talks about, not just highbrows any more. From the chicken cup to Van Gogh's painting, rich Chinese rich are showing a robust purchasing power on the art market at home and abroad. Let's have a ...
Recently, 10 Shacman port tractors equipped with Fast AT automatic transmission marched into Yingkou port, and put into operation quickly. Good control performance of AT automatic transmission won customers favourable comment. The ...
Tags: automatic transmission, port tractors, Auto
France-based Saint-Gobain is in the process of putting its glass packaging unit Verallia up for sale to focus on higher-margin home and construction products, with Ardagh confirming that it is monitoring the sale of the unit. The company ...
Toy chain owner, Gary Grant has said the restriction is to stop parents paying 'unfair prices on eBay'. The Entertainer is restricting sales of its Disney’s Frozen Elsa dolls to just ‘one per person’, in order to counter ...
Tags: Frozen Elsa dolls, Toys
Universal Sports Network and Lagarde Unlimited announced plans for Beyond the Medals - The Business of Sport, a new, original sports program that provides viewers with an inside look at the world of Olympic sports. Hosted by sports ...
Tags: Rio Olympics, TV Show, Sporting Goods
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
Canadian buyout firm Onex is said to be leading the bidding for Switzerland-based juice-box maker SIG Combibloc Group. Onex is competing against Swiss private-equity firm Partners Group Holding in the final round. It is being speculated ...
Global soccer’s governing body, apparently satisfied with the investigative findings of an Ethics Committee that found no “violations or breaches of the relevant rules and regulations” were made during the bidding process ...
Tags: FIFA, Sporting Goods
US-based buyout firm Lindsay Goldberg will sell German packaging company Weener Plastik for approximately $500m (€400m), as per a report by Reuters. Reuters quotes that rival buyout firms including CD&R, Ardian, Charterhouse and ...
Tags: Weener Plastik, packaging firms, Agriculture
Rigid plastic packaging manufacturer Plastipak Packaging has won a bid to acquire La Seda de Barcelona Group’s APPE Packaging Division for €360m. The investment will include a gross up of €65m that will be transferred with ...
Tags: Rigid plastic packaging, APPE Packaging Division, Agriculture
Total solar photovoltaic (PV) demand from the five leading Asia Pacific (APAC) markets – China, Japan, India, Australia and Thailand – is forecast to reach 17.2GW during the second half of 2014, almost 60% of global solar PV ...
DOE has revised its October 2013 report, Dimming LEDs with Phase-Cut Dimmers: The Specifier's Process for Maximizing Success, to include updated information about the installation of LED lighting and controls at the Burden Museum in Troy, ...
Since the last few days, due to a rise in liquidity, cotton trade in the Brazilian market has started moving at a slightly faster pace, although only small lots are being traded. This scenario is strengthening cotton prices in the ...