US divisions of Coca-Cola and Pepsi are both vying for investment in Greek yoghurt producer Chobani. Any investment deal could value Chobani at US$3billion. Reuters say the yoghurt producer is after an investor who can help grow the ...
In a strategic investment deal with private equity firm Lion Capital, Swiss food firm Aryzta will be buying a 49% stake in French premium food company Picard for €446.6m. Aryzta, which recently sold 49 million shares of the agri ...
In a strategic investment deal with private equity firm Lion Capital, Swiss food firm Aryzta will be buying a 49% stake in French premium food company Picard for €446.6m. Aryzta, which recently sold 49 million shares of the agri ...
UK based Universal Flexible Packaging (UFP) will invest around £2.3m in an effort to transform its present Lunsford Road facility into a Peanut and Tree Nut site. The announcement for the conversion follows another announcement of ...
Tags: Tree Nut Production, Peanut, Agriculture
South Korean steelmaker POSCO and China-based Chongqing Iron & Steel have signed a memorandum of understanding for a $3.3 billion investment in China, according to media reports. The agreement will cover POSCO's own steelmaking technology ...
Tags: Metallurgy, Mineral, Energy, Iron, Steel
On December 9, Hubei Province-based Chinese steelmaker Wuhan Iron and Steel (Group) Co. (WISCO) announced that it has concluded an investment agreement with the local government of the county of Huoqiu in China's Anhui Province. ...
Tags: steel, metallurgy, investment
Senior ministers reportedly believe Holden will end its manufacturing operations within three or four years regardless of whether the Federal Government offers it financial assistance for the future. The Fairfax report says the ...
Holden has reportedly told the Federal Government that its demands to increase vehicle export numbers are unrealistic. The Australian Financial Review quotes senior government sources that claim Holden has told the government the business ...
Tags: Holden, Increasing Exports
China's Texhong Textile Group has signed an investment cooperation agreement with Vietnam's northern province of Quang Ninh. At the signing ceremony, Texhong Group chairman Hong Tianzhu said the support by the province to foreign ...
Tags: Textile
Toyota Australia has announced a $123 million investment in its Victorian manufacturing operations, shoring up its presence on the local automotive scene until at least 2018. The funding will support the production of a “major ...
“It’s been a very productive week”, said EU Chief Negotiator Ignacio Garcia-Bercero coming out of the talks. “We have been striving already for many months to prepare the ground for an ambitious trade and investment ...
Tags: TTIP Negotiations
South Australian Premier Jay Weatherill has hinted Holden could receive additional government funding to help shore up its local manufacturing future. Weatherill told News Limited he was prepared to go to great lengths to save Holden, ...
Tags: Transportation, auto, car
The South Australian Government will “return to the negotiating table” over its funding deal with Holden after the local car maker earlier this week announced its plan to axe 500 jobs. Following a three-hour meeting with ...
Foxconn's Hon Hai Precision Industry Co. said it was still committed to buying a stake in Japanese display maker Sharp, and expects an investment could be completed within three months if a price can be agreed on. Both companies have been ...
Tags: Foxconn, Hon Hai, Investment Deal
The vice president of global manufacturing and president of international operations for General Motors, Tim Lee, has said in an interview at the Detroit auto show that he is confident in the Holden local manufacturing plan approved to ...