US-based spices and seasonings manufacturer McCormick has acquired Wuhan Asia-Pacific Condiments (WAPC), a privately held firm based in China, for CNY900m ($147m). WAPC produces DaQiao and ChuShiLe brand bouillon products, and has a ...
Tags: Agriculture, spices
India-based drugmaker Sun Pharmaceutical Industries is said to be in advanced negotiations to acquire Sweden-based Meda in a deal valued at $5-$6bn. Sources close to the deal were quoted by Reuters as saying that the acquisition will ...
The recent announcement by Alliance Boots that it was to cut 200 jobs at its Beeston factory in Nottinghamshire over a two-year period has raised questions about its longstanding involvement in contract packaging. The factory, which until ...
American food company Heinz has announced that it has received all regulatory approvals to sell itself to the investment consortium comprised of Warren Buffett's Berkshire Hathaway and private equity firm 3G Capital. The transaction, ...
Tags: Heinz, Regulatory Approvals
In the protection of plants and buildings in the public, military or institutional area like embassies, government buildings or prisons, composite safety glasses are used which are shatterproof and impede bullets. STADIP ULTIMAX satisfies ...
Tags: Composite Safety Glass, Construction, Decoration, Glass
Software AG has signed a deal to acquire IT portfolio management software vendor alfabet AG, and plans to combine the company's tools with its own ARIS process modeling products. Terms of the agreement, which was announced Monday, were not ...
Tags: Software AG, Alfabet AG, IT Portfolio Management Software
All that new data flowing into enterprises can bring along an expensive partner: multiple copies. For better or worse, many types of data are copied multiple times for multiple purposes, including backup, archiving and development work, ...
Tags: Data, Multiple Copies
Toyota Material Handling Europe (TMHE), a leading material handling equipment supplier in Europe, and DAMBACH Lagersysteme GmbH & Co. KG (Dambach), a leading supplier of automatic storage and retrieval machines, have announced they have ...
Tags: VNA Forklift Business, TMHE, Manufacturing&Processing Machinery
Dell has written to shareholders they are better off accepting a bid from Michael Dell and Silver Lake to acquire the company than holding on to their shares. The company's independent directors have unanimously agreed to recommend the ...
Tags: Dell, Shareholder, Silver Lake
Australia-based medical devices company Uscom has entered into an agreement to acquire New Zealand-based Pulsecor by offering five million fully paid ordinary Uscom shares. Under the terms of the agreement, Uscom will acquire all Pulsecor ...
In an effort to expand certification and training efforts in the tile and stone industry, the Ceramic Tile Education Foundation (CTEF) Board of Directors recently appointed Bart Bettiga as its Executive Director. Bettiga, who is also the ...
Tags: CTEF, Leadership Expansion Plans, Construction&Decoration
Jinjiang International Hotels Development (SHSE: 600754) planned to acquire 100% of Smartel that has 21 hotels, including 15 ones into operation. Jinjiang will pay for the stake with self-owned funds and proceeds from issuing additional ...
Tags: Service, hotel service
Dashang (SHSE: 600694) on May 27 announced the restructuring plan following more than three-month trade suspension to acquire retail business and related assets under Dalian Dashang Group and Dalian Dashang Investment Management at CNY ...
The U.S. Federal Communications Commission should cap the participation of carriers AT&T and Verizon Wireless in upcoming spectrum auctions to ensure mobile competition going forward, representatives of consumer groups and smaller carriers ...
Tags: FCC, Spectrum Auctions
Guangdong Province-based Chinese steel pipe manufacturer Panyu Chu Kong Steel Pipe Co. has announced that it will acquire 100 percent of shares of Nanjing Rongyu Group, the outstanding 26.17 percent of shares of Nanjing Qixiashan Steel ...
Tags: China, Southeast Asia, production, steelmaking, Shanghai