In a strategic investment deal with private equity firm Lion Capital, Swiss food firm Aryzta will be buying a 49% stake in French premium food company Picard for €446.6m. Aryzta, which recently sold 49 million shares of the agri ...
Chairman Jimmy Chu of the Fair Friend Ent. Group, Taiwan's biggest machine-tool conglomerate by revenue, announced plans to go public in Taiwan around the end of 2017 by consolidating resources of all of its subsidiaries worldwide. The ...
Tags: machine-tool, horizontal machining
Farmers in the U.S. will plant 89.2 million acres of corn this spring, down 2% from last year, while at the same time planting 84.6 million acres of soybeans, up 1% from a year ago. Soybean acreage will be higher in 21 of the 31 major ...
Tags: Grain Stocks, Soybeans, Corn
Marine logistics company Oricon Enterprises (OEL), a flagship company of Parijat Enterprises, will be acquiring 70% stake in India-based Oriental Containers for $16.77m (INR105cr). OEL will buy the company from its Mauritius-based joint ...
Tags: OEL, water closures, Packaging
In a strategic investment deal with private equity firm Lion Capital, Swiss food firm Aryzta will be buying a 49% stake in French premium food company Picard for €446.6m. Aryzta, which recently sold 49 million shares of the agri ...
Mitsubishi is planning to acquire 30% stake in Capital Diamond Star Group's existing businesses to form a joint venture (JV) in Myanmar with the latter. Capital Diamond Star offers a wide range of products including Blue Rocket wheat ...
Tags: Mitsubishi, business, Food
The Russian joint venture between PSA Peugeot Citroen and Mitsubishi, PCMA Rus is planning to suspend production of Peugeot, Citroen and Mitsubishi models in the country. The joint venture, which operates a plant in Kaluga, about 180 km ...
Tags: SUV, PCMA, Auto Parts
Chinese automaker Geely, the owner of the London Taxi Company has unveiled plan to invest 250m on new research, development and assembly facility for the development of electric and ultra-low emission London Black Cab. The London Taxi ...
Tags: Geely, Taxi, Auto Parts
Shunfeng International Clean Energy Limited (SFCE) announced that it has signed an MOU with Lattice Power to acquire a 51% ownership stake in the company. SFCE's successful bid in Lattice Power is a milestone for the listed company as it ...
Tags: SFCE, Lattice Power, Lights
Two investment funds KKR and CVC Capital Partners have emerged as top bidders for Pivovarna Lasko, a Slovenian brewery. Three other bidders - Mid Europa Partners, Bain Capital and Dutch brewer Heineken - were urged to submit improvised ...
Japan-based Mitsui has announced an agreement to acquire 15% stake in Turkey’s integrated packaging manufacturer Sarten Ambalaj Sanayi ve Ticaret. In a statement, Mitsui said that it will acquire the stake after accepting a ...
US based Ketchup maker Heinz has signed a definitive merger agreement with Kraft Foods to form a new company, Kraft Heinz, to become the third largest food and beverage firm in North America and potentially fifth largest in the world. ...
Hong Kong-based Shunfeng International Clean Energy Ltd (SFCE) has signed a memorandum of understanding (MOU) to acquire a 51% ownership stake in Lattice Power Corp of Nanchang, China, which claims to have been the first company to realise ...
Tags: silicon LEDs, LED lighting
H.J. Heinz and Kraft Foods Group have announced that they have entered into a definitive merger agreement to create The Kraft Heinz Company. The merger will form the third largest food and beverage company in North America and the ...
Tags: Heinz, Merge, food and beverage company
Distell Group, a leading liquor producer in South Africa, is in negotiations with India-based Tilaknagar Industries to acquire a few of latter’s brands. Tilaknagar Industries, which has INR 8bn- ($128m) debt, expects to generate ...
Tags: Distell Group, Liquor, Food