China's State Council pledged Wednesday to boost the implementation of the "Made in China 2025" strategy, which will upgrade the manufacturing sector. Accelerated industrialization is supported by the manufacturing sector, according to a ...
Hong Kong-based Shunfeng International Clean Energy Ltd (SFCE) has signed a memorandum of understanding (MOU) to acquire a 51% ownership stake in Lattice Power Corp of Nanchang, China, which claims to have been the first company to realise ...
Tags: silicon LEDs, LED lighting
H.J. Heinz and Kraft Foods Group have announced that they have entered into a definitive merger agreement to create The Kraft Heinz Company. The merger will form the third largest food and beverage company in North America and the ...
Tags: Heinz, Merge, food and beverage company
Microsemi Corp of Aliso Viejo, CA, USA (which designs and makes analog and RF devices, mixed-signal integrated circuits and subsystems for communications, defense & security, aerospace and industrial markets) has entered into a definitive ...
Tags: Microsemi, Vitesse, Electronics
China will accelerate the overhaul of its overly-invested iron and steel sector to bring it back to a "basically balanced level" by 2017, the industry ministry said. The Ministry of Industry and Information Technology (MIIT) said it would ...
Tags: Steel Industry, Iron Steel
Toyo Ink SC Holdings Co., Ltd. (President Katsumi Kitagawa) announced that, effective January 1, 2015, it has merged two wholly-owned subsidiaries Toyo Ink Chemicals Taiwan Co., Ltd. and Toyo Ink Taiwan Co., Ltd. into a single operating ...
Tags: printing inks, SC Holdings, Taiwan Subsidiaries, pigments
Chicago based Levy Acquisition has agreed to buy Mexican-American fast-food chain Del Taco, in a $500m deal. The blank-check acquisition firm Levy Acquisition, which is controlled by restaurateur Larry Levy, will now change its name to ...
Tags: Levy Acquisition, fast-food
China's two largest trainmakers, CSR Corp and CNR Corp, inched one step closer to their impending merger after getting necessary approvals from overseas antitrust authorities, according to company announcements on Wednesday. The merger ...
Tags: CSR Corp, CNR Corp, trainmakers
The merger date of Sysco Corp. and US Foods Inc. has been extended by 60 days from March 8 to May 7 because of the scheduled anti-trust hearings to be held in May, said food distributor Sysco in a filing with the US Securities Exchange ...
Tags: Sysco Corp, US Foods, Merger Date
China's high speed rail manufacturers China North Railway (CNR) and China South Railway (CSR) announced that their merger had passed overseas antitrust scrutiny. According to local laws, antitrust regulators -- in this case in Australia, ...
Tags: Transportation, CNR, high speed rail
China could struggle to meet its 2020 nuclear energy targets with the industry still waiting on a cautious government to speed up the approval process, a senior industry executive said on Saturday. But as it waits for domestic projects to ...
Tags: Nuclear Industry, Nuclear
Italian coffee maker Luigi Lavazza has sole rights to consider the acquisition of Carte Noire coffee business from Mondelez International, as part of its contractual agreement with the latter. Lavazza was quoted by Reuters as saying: ...
Tags: Lavazza, Carte Noire Coffee
Keurig Green Mountain is planning to buy back more than 50% of Italian coffee maker Luigi Lavazza for around $624m. This comes as Lavazza is currently raising funds for the acquisition of D.E. Master Blenders' L'Or and Mondelez ...
Tags: Keurig Green, coffee
Advanced Photonix Inc (API) of Ann Arbor, MI, USA (which designs and makes APD, PIN, and FILTRODE photodetectors, HSOR high-speed optical receivers, and T-Ray terahertz instrumentation) and Luna Innovations Inc of Roanoke, VA, USA (which ...
The Board of Directors of Grasim has approved the proposed merger of the Aditya Birla Chemicals (India) Limited (ABCIL), another Aditya Brila Group company, with Grasim. Grasim’s Board of Directors approved the swap ratio of 1 ...
Tags: Aditya Birla Chemicals, Grasim