Chennai based apparel retailer, Indian Terrain Fashions Ltd said it proposes to raise Rs 75 crore through issue of securities or qualified institutions placements (QIP’s). In a filing with BSE, the retailer which retails the Indian ...
Tags: apparel, Terrain Fashions
Cairo based Al-Nour Company for Dairy Product has placed a new bid to acquire 100% shares of Arab Dairy Product Company (ADPC). The Egyptian Financial Supervisory Authority (EFSA) has approved Al-Nour's decision to purchase the company ...
Tags: Dairy Product, Agriculture
H.B. Fuller Company has announced that it has signed an agreement to purchase Continental Products Limited, a provider of industrial adhesives in East and Central Africa. This business will generate approximately 2.3 million in revenue for ...
Tags: key customers, market knowledge, customer relationships, Construction
Volkswagen's Audi division plans to spend nearly €24bn ($29.3bn) on new models, plants and technology over the next five years, an increase of €2bn from the previous planning period. Audi said it is expanding the 'biggest ...
Tags: New Models, Plants, Technology, Auto
Foreign automakers in China may struggle to dictate sales goals in the future after dealers complained to the government that inflexible targets set during a market boom obliged them to buy too much stock and bear the brunt of a drop in ...
Tags: auto market, carmakers
With nine moths still to go before the doors open, the planning work for Tendence 2015 (29 August to 1 September) is in full swing. Leading brands and key players of the consumer-goods sector have signed up to present their multifarious ...
Tags: eating, drinking, cooking, hospitality, Furniture
Published annually, the Statistics Digest is compiled using the latest available data sourced from a range of websites. Dr. Peter Beele, Technical Services Manager for FIRA International and author of the publication, said: ...
Tags: Furniture Industry, websites, Furniture
Mrs. Fields Confections, a subsidiary of Famous Brands International, has acquired Maxfield Candy Company for an undisclosed amount. The transaction includes the acquisition of Maxfield Candy's brands Maxfield Candy and Nutty Guys. This ...
US-based food manufacturing company Kellogg's has once again raised its offer to acquire Egyptian cake and biscuit maker Bisco Misr to £89.86 per share, in an increasing $144m takeover battle. Kellogg's new offer overtakes Abraaj ...
Tags: Egyptian cake, biscuit maker, Agriculture
The Cutrale and Safra Groups announced that the previously announced tender offer by its affiliate, Cavendish Acquisition Corporation, for all outstanding shares of common stock of Chiquita Brands International at a price of $14.50 per ...
Tags: antitrust laws, Agriculture
Balavigna Weaving Mills, an India-based manufacturer and exporter of woven fabrics comprising organic cotton and blended materials, is going to showcase its latest products at the upcoming Heimtextil trade fair in Germany. Heimtextil ...
Tags: organic cotton, blended materials, Textile
“Degradable natural fibres have an advantage over synthetics when it comes to the environment. Having said that, there are developments in the pipeline to aid the environmental sustainability of synthetics,” the head of a full ...
Tags: synthetics, wool, cashmere, alpaca, Textile
Chinese carmaker BYD has announced that its chairman Wang Chuanfu has bought additional shares, raising his stake in the company to 23.1%. In a statement posted on the Shenzhen and Hong Kong stock exchanges, BYD said: "Wang Chuanfu, a ...
Tags: additional shares, Auto
The president and chief operating officer of Japanese airbag maker Takata has stepped down from his post as a result of recalls of millions of vehicles carrying the company's defective airbags. Takata announced in a statement that Stefan ...
General Energy Solutions (GES), a Taiwan-based PV module maker and PV EPC (engineering, procurement, construction) contractor, has sold PV power-generating facilities it built at Indianapolis International Airport, Indiana State of the US, ...
Tags: PV Power, solar cell maker, Lights