China plans to launch a countrywide cable television network by integrating existing listed local networks into one public company by the end of 2020, said a government circular posted online on Friday. In response, stocks of six A-share ...
Tags: cable TV, television
Royal Dutch Shell Chief Executive Officer Peter Voser commented: “We continue to make good progress with our strategy; improving our competitive performance, delivering a new wave of production growth, and maturing the next ...
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Bow Board members have unanimously recommended shareholders vote in favour of the offer, in the absence of a superior proposal and subject to an independent expert concluding that the offer is in the best interests of Bow shareholders. The ...
It is anticipated the acquisition agreement with Bow Energy will be implemented on 11 January 2012, subject to Australian court approval at a final hearing scheduled for 22 December 2011. Australian and Chinese regulators have already ...
Tags: Bow Energy, acquisition agreement, Arrow
Tongyi, a joint venture between Shell and Huo’s Group, is a prominent Chinese lubricant supplier with blending plants in Beijing, Xianyang of Shaanxi province and Wuxi of Jiangsu province. Shell acquired its 75% stake from Huo’s ...
Tags: Shell, Huo's Group, lubricant
“The sale is consistent with Shell’s strategy to concentrate its Downstream footprint on a smaller number of assets and markets where it can be most competitive,” said John Abbott, Shell Downstream Director. ...
Tags: Shell, Idemitsu, shareholding
The sale is subject to regulatory approval and is expected to be completed in 2015. The transaction includes a Retail Brand Licence Agreement which will ensure that Shell’s brand remains highly visible in Norway and that ...
Tags: the sale, the transaction, the deal
Second quarter 2014 summary of unaudited results Royal Dutch Shell’s second quarter 2014 earnings, on a current cost of supplies (CCS) basis (see Note 2), were $5.1 billion compared with $2.4 billion for the same quarter a year ago. ...
Own sourced copper production was down 3% to 1,502,200 tonnes in 2015, reflecting the suspension of processing operations at Katanga and a significant curtailment at Mopani. These volume reductions were partly offset by increases at ...
Tags: copper production, copper
Spirits giant Bacardi has appointed K.C. Kavanagh as senior vice president and global chief communications officer. Kavanagh reports to Mike Dolan, chief executive officer of Bacardi Limited, and serves on the Company’s global ...
North American provider of packaging and specialty products Supremex has acquired all of the assets of Durabox Paper, a Canadian manufacturer of specialty corrugated paper boxes. Founded in 2002, Durabox Paper serves customers primarily ...
Tags: packaging, Durabox Paper
Swire Pacific subsidiary Swire Beverages has agreed to acquire Coca-Cola bottling assets in China in a bid to strengthen its business in non-alcoholic ready-to-drink beverages. The deal to refranchise bottling operations in China has been ...
Tags: Swire Pacific, Coca-Cola
South African food company Pioneer Foods has announced that it would buy a 49.89% stake in major FMCG manufacturer Weetabix East Africa for an undisclosed amount. The acquisition is expected to establish a strategic beachhead for Pioneer ...
Tags: Pioneer Foods, Cereal
Quality Custom Distribution (QCD) has announced the purchase of the assets of Mile Hi Specialty Foods to form QCD Rocky Mountain. The new business includes distribution centers in Denver, Colorado, Kansas City, Missouri, and satellite ...
Tags: Quality Custom, Specialty Foods
China's Baosteel Group will have dual headquarters following its merger with smaller rival Wuhan Iron and Steel (Group) Corp, according to Shanghai-based newspaper The Paper. The newly merged steel giant will have headquarters in both ...