About a third of the country's baby formula businesses will be axed, in what experts are calling a major consolidation of the industry. The government has been trying to revive the industry since the 2008 melamine scandal, but consumer ...
Tags: Baby Formula, milk powder
Concerns about the global economy and political unrest in Canberra are cruelling appetite for takeovers, with some of the nation's top dealmakers tipping companies to remain on the sidelines until economic clouds clear. In a sign of the ...
Switzerland-based Zurich Insurance Group is said to have a plan to buy into Chinese property insurance firm Sinosafe General Insurance Co., Ltd. Sources said recently that the Swiss insurance group was looking for a stake in a Chinese ...
ABB has appointed Ulrich Spiesshofer (in photo), head of its Discrete Automation and Motion (DM) division, as CEO, where he will succeed Joe Hogan beginning September 15, 2013. Hogan will continue with ABB for some months as senior advisor ...
Tags: ABB, Electrical, Electronics
Chinese medical equipment maker Mindray Medical International (NYSE: MR) will meet difficulties in introducing products of ZONARE Medical Systems, Inc. into the Chinese market directly. The New York-listed firm put US-based ultrasound ...
Chinese dairy maker Yashili International Holdings Ltd. (SEHK: 1230) is said to be acquired by China Mengniu Dairy Co., Ltd. (SEHK: 2319). Sources said recently that it would be acquired by Mengniu and on June 13, the buyer and it each ...
Tags: dairy, Agriculture, Food, Mengniu, Yashili
The Board of ABB has unanimously appointed Ulrich Spiesshofer, the head of its Discrete Automation and Motion (DM) division, as Chief Executive Officer. He will succeed Joe Hogan in this role in an orderly transition on September 15, 2013. ...
Tags: ABB, Processing Machinery
Lenovo Group Ltd on Wednesday unveiled smart TV products developed with Japanese electronics maker Sharp Corp amid reports that the Chinese company is buying Sharp's TV plant in Nanjing. Beijing-based Lenovo is planning to sell 1 million ...
Tags: Lenovo, TV Products
GL Capital LLC, an association of Edward C Gregor & Associates LLC and Lovell Global Holdings LLC, is partnering with Swiss consultancy Gherzi Textil Organisation AG to support each company's business efforts in Europe, North America and ...
Tags: Textil, Manufacturing, Processing Machinery
GL Capital LLC - a Charlotte-based provider of consulting, merger and acquisition services to the technical textiles industry — and Gherzi Textil Organisation AG - a Switzerland-based provider of engineering, management and consulting ...
Tags: Textil
It’s reported that Malaysian steel industry official is proposing mergers and acquisitions to the steel industry in Malaysia to fight against cheap imports from foreign competition in nearby countries. The steel consumption in ...
Tags: Malaysian, Steel, Construction&Decoration
Jawbone today announced the appointment of Mindy Mount as president of the company. Mount comes to Jawbone from Microsoft where she held several roles including corporate vice president and chief financial officer of the Online Services ...
Tags: Jawbone, Consumer Electronics, Mindy Mount
Increasing confidence in the economy and a rising stock market could lay the groundwork for a revival in tech-sector mergers and acquisitions as companies embrace cloud technology and pursue game-changing software, particularly for the ...
Tags: Wall Street
SAP users are wasting a total of $30bn (£19.3bn) by running too many instances of SAP, a survey has revealed. The research, released by HCL Enterprise Application Services and conducted among 255 large enterprises with revenues in ...
Tags: SAP, Computer Products
Lydall, Inc. announced that Chad A. McDaniel has been appointed Vice President, General Counsel and Secretary for Lydall, Inc., effective upon the commencement of his employment with Lydall, which is expected to be May 29, 2013. Mr. ...
Tags: Chad McDaniel, Textile