The UK's Competition and Markets Authority (CMA) has given its approval for the takeover of Punch Taverns by Dutch brewing giant Heineken. In June this year, the CMA raised the issue of affecting competition in 33 places in the UK, if ...
Luna Innovations Inc of Roanoke, VA, USA (which makes high-speed optoelectronics and fiber-optic test products for the telecoms industry and distributed fiber-optic sensing for the aerospace & defense and automotive industries) has agreed ...
Tags: Optical Receivers, optoelectronics
Japanese automaker Nissan has agreed to sell its electric battery business to GSR Capital, a Chinese investment firm, for an undisclosed amount. As per the agreement, Nissan will be selling its battery subsidiary Automotive Energy Supply ...
Tags: Nissan, Electric Battery
US-based Nadco Tapes & Labels has invested in Mark Andy’s Digital One label press to minimize its downtime. Digital One is a small foot print dry-toner digital label press with high capacity. Digital One, the entry-level unit, is ...
Tags: Nadco Tapes, label press
Tokyo-based Showa Denko K.K. (SDK) says that, by the end of January 2018, it will acquire assets from Nippon Steel & Sumitomo Metal Corp (NSSMC) and Nippon Steel & Sumikin Materials Co Ltd (NSMAT) concerning the ...
Tags: SDK, Nippon Steel
Private equity firm GenNx360 Capital Partners has signed an agreement to sell its portfolio company Novel Ingredients to specialty ingredients provider Innophos Holdings. Novel Ingredients, which was acquired by GenNx360 in March 2014, is ...
Tags: Innophos, raw materials
EDF Renewable Energy (EDF RE) of San Diego, CA, USA (a subsidiary of EDF Energies Nouvelles, the renewable energy arm of EDF group) says that in late June it acquired the 179MWAC Switch Station 1 and Switch Station 2 Solar Projects from ...
Finland based pulp and paper manufacturer Stora Enso has agreed to sell its 35% stake in Bulleh Shah Packaging (BSP) to the majority share holder Packages Ltd for €6m. Bulleh Shah Packaging, based in Pakistan, is a joint venture ...
Tags: Stora Enso, Bulleh Shah Packaging
Nuance Communications has agreed to improve the Epson customer experience by offering its document imaging solutions via Epson distributors and resellers. The new partnership is expected to bring cost synergies, decrease intervention and ...
The firm is set to launch an easy-to-build, preschool toy line for its latest show, broadcast on Nickelodeon. Spin Master has announced the launch of a new toy line in the US based on its entertainment brand Rusty Rivets, currently ...
Tags: Spin Master, Rusty Rivets
In a surprise announcement, Ubisoft has pledged to unveil new games for the Nintendo Switch in the near future. During Ubisoft’s recent earnings call with corporate investors, CEO Yves Guillemot revealed the the firm would be ...
Tags: Ubisoft, Nintendo Switch
San Diego-based craft brewery Coronado Brewing is acquiring a majority interest in Monkey Paw Brewing. The move allows Monkey Paw to share in Coronado’s resources, further developing the brand, while simultaneously maintaining the ...
Chinese manufacturing company Truking Group has completed the acquisition of a majority shareholding in Germany-based Romaco. The sale, which was announcved in May, gives Truking a 75% stake in Romaco. Former owner, provate equity fund ...
Tags: Truking
Mercedes-Benz has published the very first teaser video for its upcoming range of luxury pick-up trucks: the X-Class. Towards the end of last year, we saw the very first concept images for a new series of vehicles under the branding ...
Tags: Mercedes-Benz, pick-up truck
France’s new ecology minister Nicolas Hulot has announced that the country will ban the sale of petrol and diesel-powered vehicles by 2040. The announcement is part of the country’s commitment to Paris climate agreement. It ...
Tags: Fossil Fuel, petrol