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Renault, Brilliance China Automotive Form JV to Manufacture Light Commercial Vehicles
Dec 19, 2017Groupe Renault and Brilliance China Automotive have signed a joint venture (JV) contract to manufacture and sell light commercial vehicles (LCV) in China in three segments with three brands. The new JV, which will be known as ...
Tags: Renault, Light Commercial Vehicles
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Qatar Petroleum and Shell Sign Heads of Agreement for The Development of a World-Scale Petrochemicals Complex in Qatar
Dec 10, 2016The scope under consideration includes a world-scale steam cracker, with feedstock coming from natural gas projects in Qatar; a mono-ethylene glycol plant of up to 1.5 million tonnes per annum using Shell’s proprietary OMEGA (Only MEG ...
Tags: Qatar Petroleum, Shell
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Shell Confirms Deepwater Oil Discovery Offshore French Guiana
Dec 10, 2016The GM-ES-1 well is being drilled in a water depth of over 2,000 meters and to date has drilled to a depth of 5,711 meters. The well has encountered over 70-meters of net oil pay in two objectives. The joint venture plans to drill ahead to ...
Tags: Shell, Deepwater Oil
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Shell to Sell Its Equity Interest in The Elba LNG Joint Venture to Kinder Morgan
Dec 9, 2016Permitting continues for the proposed Elba Liquefaction Project, which consists of 10 small-scale liquefaction units to be purchased from Shell. They will be integrated with the existing Elba Island facility and enable rapid construction ...
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6 April 2016 Sale of 40% Stake in Glencore Agricultural Products and Creation of Long-Term Partnership with CPPIB
Oct 27, 2016Sale of 40% stake in Glencore Agricultural Products and creation of long-term partnership with CPPIB Glencore plc (“Glencore”) is pleased to announce that it has entered into a definitive agreement with Canada Pension Plan ...
Tags: Agricultural Products, Glencore
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Aoxin Tianli Partners with Shangzhi Xiaop to Sell Black Hog Pork Products Online
Aug 24, 2016China’s Aoxin Tianli Group, a producer of breeder hogs, market hogs and black hogs, has signed an agreement with Shangzhi Xiaop (Dalian) E-Commerce to sell its products online. As per the agreement, Aoxin Tianli will sell its ...
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Geneva Glen Capital Acquires Dianne’S Fine Desserts From Superior Capital
Jun 20, 2016Chicago-based private equity firm Geneva Glen Capital (GGC) has acquired Dianne’s Fine Desserts from Superior Capital Partners for undisclosed sum. Chicago-based private equity firm Geneva Glen Capital (GGC) has acquired Dianne's ...
Tags: GGC, Dianne's Fine Desserts
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Glencore to Sell 40% Stake in Agribusiness for $2.5bn
Apr 11, 2016Commodities trading company Glencore has entered into definitive agreement with Canada Pension Plan Investment Board (CPPIB) to sell 40% equity interest of Glencore Agricultural Products for $2.5bn in cash transaction. Glencore's ...
Tags: Glencore, Canada Pension Investment Board, CPPIB, Agricultural Products
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Li Ning Returns To Profit
Mar 21, 2016Li Ning Co Ltd posted a profit in 2015 following three consecutive years of losses. The China-based sports giant posted an annual net profit of 14.3 million yuan ($2.2 million), compared with a 781.5 million yuan loss a year ago. ...
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International Paper To Divest Asian Corrugated Packaging Business For $150m
Mar 16, 2016International Paper, a US based pulp and paper company, has signed an agreement to divest its corrugated packaging business to Xiamen Bridge Hexing Equity Investment Partnership Enterprise, for approximately $150m. Under the terms of the ...
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Domino's Goes to Germany, While Rival Eagle Boys Expands Hoyts Cinemas Partnership
Dec 21, 2015Australian ASX-listed fast food chain Domino’s Pizza has announced it is acquiring Germany’s largest pizza chain Joey’s Pizza. Following the October purchase of Western French chain Pizza Sprint, increasing the presence ...
Tags: Domino's Pizza, Joey's Pizza, Food
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Sugar and Poultry Assets Will Be Acquired by Hassad Food Plans
Feb 27, 2015Qatar Investment Authority’s wholly-owned subsidiary Hassad Food is looking at options to purchase Brazilian sugar and poultry assets, in a bid to venture into North American market. Reuters reported citing Hassad Food business ...
Tags: Hassad Food, Poultry Assets
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Tonsan Adhesive Is Acquired by H. B. Fuller Company
Feb 3, 2015H.B. Fuller Company has announced that it has finalized the previously announced purchase of Tonsan Adhesive, Inc., the largest independent engineering adhesives provider in China. With this acquisition, H.B. Fuller adds strong customer ...
Tags: H.B.Fuller, Tonsan Adhesive
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Quiksilver Completes The Sale of Its Majority Ownership Interest in Surfdome
Dec 19, 2014Quiksilver, Inc. has completed the sale of its majority ownership interest in Surfdome, an online retailer of action sports products, to SurfStitch Group, an Australian based online retailer of action sports products. Quiksilver received ...
Tags: Quiksilver, Surfdome Sales
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Collins Foods Reported a 37 Per Cent Lift in EBITA
Dec 2, 2014Australian quick service restaurant operator Collins Foods Limited, which operates KFC and Sizzler restaurants, has reported a 37 per cent lift in Earnings Before Interest Tax Depreciation and Amortisation (EBITA) and a 43 per cent lift in ...
Tags: Collins Foods, Agriculture