Indian tyre manufacturer Apollo Tyres has signed a deal to acquire US-based tyre maker Cooper Tire & Rubber Company for about INR145bn ($2.49bn). The agreement has been approved by the boards of directors of both companies and under the ...
Tags: Apollo Tyres, Cooper Tire
Mindray Medical International, China-based medical device company, has entered into a definitive agreement to purchase ultrasound systems developer Zonare Medical Systems for $105m. Mindray expects the acquisition deal to strengthen its ...
Tags: Mindray Medical, Medical Systems
Bosch Packaging Technology is all set to acquire the assets of France-based Tecsor Machines, which develops and sells machinery for making and filling polyethylene terephthelate (PET) containers for liquid and paste-like foodstuffs. ...
Tags: Packaging Machinery, containers
ABB, the leading power and automation technology group, today announced its intention to acquire Dynamotive Ltd to expand its service offering in low and medium voltage drives and motors. Coalville, UK–based Dynamotive designs, ...
Tags: ABB, Processing Machinery
Yahoo moved to strengthen the mobile portion of its revamped Flickr photo sharing service, acquiring the developer behind a popular photo editing app. The company said Wednesday it had purchased GhostBird Software, the company behind the ...
Internet giant Google is closing in on Waze, an Israeli-based mobile app company that offers a free social GPS application featuring turn-by-turn navigation. Facebook and Yahoo in its bid to acquire the company, with an all-cash offer, ...
Tags: google, apple, facebook, yahoo, Computer Products
The Ministry of Commerce and Industry, Government of India, has issued a statement clarifying certain points related to 50 percent investment in back-end infrastructure under its foreign direct investment (FDI) policy on multi-brand retail ...
Tags: Apparel, Accessories
South Africa-based financial services provider Sanlam is mulling to acquire a 40% holding in MCIS Zurich Insurance, in an effort to boost its presence in Malaysia. People familiar with the matter were reported by thesundaily as saying ...
Tags: Sanlam Mulls, Insurance
AstraZeneca has agreed to purchase California-based respiratory medication developer, Pearl Therapeutics, in a deal with a total potential cost of up to $1.15bn. As per the definitive agreement signed between both the parties, AstraZeneca ...
Tags: AstraZeneca, Pearl Therapeutics
Drug maker BioSyent Pharma has launched its new oral iron supplement, known as FeraMAX Powder, in Canada, which will also mark its international induction. Commenting on the introduction, BioSyent president and CEO René Goehrum ...
US-based Illinois Tool Works Group’s subsidiary ITW has announced its consent to acquire German packaging company The Meurer Group. Competition authorities are yet to approve the deal. The German company, which will retain its ...
Tags: Tool Works Group, Packaging
KapStone Paper and Packaging has entered into an agreement to acquire the stock of the US-based containerboard manufacturer Longview Fibre Paper and Packaging from Brookfield Capital Partners II for $1.03bn. KapStone chairman and chief ...
Tags: KapStone Paper, Packaging
Blue Wolf Capital Partners and Atlas have completed the deal to acquire a controlling interest in integrated specialty paper company Twin Rivers Paper from Brookfield Asset Management for an undisclosed sum. The key pillars of the ...
Tags: Blue Wolf, Twin Rivers
US-based Dole Food has received a proposal from David H. Murdock, the company's chairman of the board and CEO, to acquire all of the outstanding shares of common stock which are not already owned by him in a deal which values the company at ...
B&G Foods has agreed to acquire US-based snack food manufacturer Robert's American Gourmet Food from private equity firm VMG Partners and other parties in an all-cash deal of $195m. The acquisition is part of B&G Foods' strategy to ...