Kumara Mangalam Birla led Aditya Birla Chemicals (ABCIL) and a company of the Aditya Birla Group said it has received shareholders’ approval for merging the company with Grasim Industries. “The merger between the two companies ...
Tags: ABCIL
US retailer and NASDAQ listed Dollar Tree, Inc said it has completed the acquisition of Family Dollar Stores, Inc., also a retailer offering name brands and quality, private brand merchandise. The combined entity will have sales exceeding ...
Tags: Dollar Tree
At an extraordinary general meeting of shareholders of NXP Semiconductors N.V. of Eindhoven, The Netherlands and a special general meeting of shareholders of Freescale Semiconductor Ltd of Austin, TX, USA, NXP's proposed acquisition of ...
Tags: NXP Freescale
Food distributor Sysco Corporation has called off its proposed merger with US Foods, after the US District Court in Washington, D.C ruled against the $3.5bn deal. Last week, the court issued a preliminary injunction to halt the proposed ...
Italian chocolate producer Ferrero has agreed to acquire Thorntons, in a cross-border deal that values the British chocolate maker at around $177.7m. Ferrero will make the transaction through its subsidiary Ferholding, which has been ...
Richard Eden, senior analyst (Power Semiconductors) at market research firm IHS Technology, attended the recent PCIM (Power Conversion Intelligent Motion) Europe 2015 tradeshow in Nuremberg, Germany (19-21 May), and in a Research Note has ...
Tags: GaN SiC, Power electronics
Chinese shares dived on Tuesday, with the benchmark Shanghai Composite Index down more than 3 percent at the end of trading, driven by an exodus of capital from the stock market. The benchmark Shanghai Composite Index dived 3.47 percent, ...
Tags: ChiNext Index, Chinese shares
NXP Semiconductors N.V. of Eindhoven, The Netherlands has agreed to sell its RF Power business for $1.8bn to Jianguang Asset Management Co Ltd (JAC Capital, a subsidiary of China state-owned investment company JIC Capital). NXP's RF Power ...
Tags: RF Power Business, JAC
The General Motors (GM) has reportedly rejected a merger offer from Fiat Chrysler, which could have created a giant automotive company. Fiat Chrysler Automobiles CEO Sergio Marchionne had sent an email to GM counterpart Mary Barra in ...
Tags: General Motors, Fiat Chrysler
Ascena Retail Group and Ann Inc entered into a definitive merger agreement under which Ascena will acquire Ann Inc for a combination of cash and stock in an accretive transaction. Upon closing, Ann Inc stockholders will receive $37.34 in ...
Tags: Ascena, Women's Apparel
Glass and plastic packaging supplier Plasdene Glass-Pak has acquired West Australia-based Silverlock Packaging, expanding its size by more than 50%. The move, which will expand the firm's geographic coverage, product offering and sales ...
Driveline and chassis technology provider ZF Friedrichshafen has acquired TRW Automotive Holdings for an undisclosed amount. TRW Automotive manufactures and supplies aftermarket products, braking products, chassis, commercial steering ...
AR Packaging will invest €3m in the newly acquired plants at Krakow in Poland and Graz in Austria. With the investment at the two facilities, the German company is expecting to strengthen its foothold in the European packaging ...
Food testing services provider Eurofins Scientific has agreed to acquire 65% majority stake in Vietnamese food testing company Sac Ky Hai Ang (EDC-HD) for an undisclosed amount. EDC-HD, a merger between the Ho Chi Minh City Center of ...
Tags: Food Testing, Eurofins Scientific
China's top trainmaker, China CSR Corp is planning to issue 11.14 billion new shares for the acquisition of CNR, which is approved by the China Securities Regulatory Commission. CSR was founded in 2007. The company was listed on both the ...