Johnson Controls and Yanfeng Automotive Trim Systems have agreed to form a joint venture (JV) to supply automotive interiors. Named Yanfeng Automotive Interiors, the JV is said to become the largest automotive interiors company in the ...
After acquiring a stake in a U.S. medical device firm last year, the world’s biggest electronics manufacturer is in now talks with another medtech company. Brian Buntz Foxconn is now making components for the ViSi Mobile device ...
Tags: Medtech Market, iPhone Assembler
Swiss food major Nestle is reportedly engaged in advanced level talks to sell its frozen food unit Davigel to Brakes Group, which is owned by Massachusetts based buyout fund Bain Capital. A person familiar with the situation told ...
Tags: Nestle, Brakes Group
Hampshire Group said it has signed an agreement to sell the stock of Rio Garment S.A. to a group led by the current Rio management, which includes David Gren, the president of Rio. Hampshire signed a deal to sell its stake for $6 ...
Tags: Hampshire Group, Rio Garment, Garment
Philips originally planned to spin off its wholly-owned subsidiary Lumileds and automobile lighting business to make them an independent company by the end of the first half 2015. But on March 31, Philips announced a deal to sell a 80.1% ...
Tags: Philips, Lumileds, automobile lighting
Dutch brewer Heineken has agreed to purchase 51.11% stake in Slovenian brewery Pivovarna Lasko in a deal that will value the company at around $237m. Heineken and Lasko's largest shareholder Bank Asset Management Company (DUTB) ...
Tags: Slovenian Brewer Lasko, Heineken
Ford Motor has agreed to acquire a controlling interest in its joint venture (JV) with Russian car company Sollers as well as provide additional funding to the Ford Sollers JV. The Ford Sollers JV produces and imports Ford products, ...
Tags: Ford Motor, Russian JV
The French government will increase its stake in vehicle manufacturer Renault to 19.7% from the existing 15% with an investment of around €1.23bn. French industry ministry said that the government has purchased 9.6 million Renault ...
Tags: French government, Renault
The Aditya Birla Group has proposed a four-way restructuring plan to bring its retail business under Pantaloon Fashion & Retail (PFRL) and offer a maximum of 10 per cent equity stake to an investor in the consolidated entity, according to ...
Tags: Birla Group, Pantaloons Fashion
Berkshire Hathaway has signed a deal to acquire 8.7% stake in Axalta Coating Systems from Carlyle Group for $560m. Under the stock purchase agreement, Berkshire Hathaway will purchase 20 million Axalta's common shares at $28 each. The ...
Sequential Brands Group said it will acquire a majority interest in the Jessica Simpson brand, including the Jessica Simpson Collection master license and other rights. Brand founder Jessica Simpson, who selected Sequential as her new ...
Royal Philips NV of Amsterdam, The Netherlands (the world's largest lighting producer) has agreed to sell an 80.1% stake in its combined LED components and Automotive lighting business to GO Scale Capital, a new growth-stage investment fund ...
Tags: Lumileds, Royal Philips, Electronics
In acquiring an 80.1% stake in Philips' combined LED components and Automotive lighting business (with Netherlands-based Philips retaining the remaining 19.9%), new owners GO Scale Capital (an investment fund sponsored by GSR Ventures and ...
Tags: Lumileds, LED components, Electronics
Bacardi has bought a minority stake in Scotch whisky bottler, producer and marketer Compass Box. With the investment, Bacardi has become a 'long-term' supplier through its John Dewar & Sons business to Compass Box, reported The Spirit ...
Tags: Bacardi, standalone company, Food
New Zealand-based milk marketing company A2 Milk Co is set to foray into the US in mid-April with a range of fresh milk cartons. The firm, which has been in the Australian market for seven years, has commenced trading on Australian ...