Wyeth Nutrition, the infant formula company bought by Nestle last year, is cutting prices in China, the first such move since it was one of five foreign infant milk formula companies put under investigation for possible price-fixing. ...
Tags: infant formula, milk powder
Japan-based underwriter Meiji Yasuda Life Insurance is engaged in advance negotiations to acquire a 15% stake in Thai Life Insurance, for nearly $700m. People familiar with the matter were quoted by Reuters as saying that the proposed ...
Tags: Service, Insurance, Life Insurance
China Mengniu Dairy has agreed to acquire 75.3% stake in infant formula manufacturer Yashili, from chairman Zhang Lidian's family and Carlyle Group, for HK$12.5bn ($1.6bn). As part of this transaction, Yashili's controlling shareholders, ...
Tags: Agriculture, Food
Chinese dairy maker Yashili International Holdings Ltd. (SEHK: 1230) is said to be acquired by China Mengniu Dairy Co., Ltd. (SEHK: 2319). Sources said recently that it would be acquired by Mengniu and on June 13, the buyer and it each ...
Tags: dairy, Agriculture, Food, Mengniu, Yashili
Two giant private equity groups, Blackstone and Carlyle, are among companies believed to be preparing bids for cartons giant Chesapeake, according to media reports. The Sunday Times (19 May) reported that Blackstone and Carlyle are ...
Tags: US, Chesapeake, Packaging
Focus Media Holding Limited (NASDAQ: FMCN) announced today that it has been combined with Giovanna Acquisition Limited (hereinafter Merger Sub) according to a merger plan issued on December 19, 2012. Thus Focus Media has become a ...
In another time the $5.07 billion price tag for NSW ports sold last Friday might have been the sort of deal to get a roll on for the market's deal junkies. After all, it's not often the market estimates for the price -- $2.5bn to $3bn -- ...
Tags: NSW, market estimates
Cars sales have been falling in Western Europe as yet another economic downturn confirms expectations that the region’s recovery from the 2008 financial crisis will be a lengthy process. However, while demand for cars declines, ...
Global alternative asset manager The Carlyle Group L.P. has completed its acquisition of DuPont Performance Coatings for $4.9 billion and announced that the company is being renamed Axalta Coating Systems. Axalta Coating Systems is a ...
Tags: Carlyle Group, acquisition, DuPont Performance Coatings
Bella Linea New York announced the debut of a new line of women's clothing designed, manufactured and supplied in New York. The brand's line of career and evening-wear is designed to flatter and shape the real American woman. Each Bella ...
Tags: clothing line, fashion economy, clothing
South Korean insurer Kyobo Life Insurance is selling 30% of its stake in the firm in an auction, which is expected to be worth $2bn. Sources close to the matter told The Financial Times that the deal has attracted interest from private ...
Japan-based chemical and healthcare company Mitsubishi Chemical Holdings has agreed to acquire Carlyle's shareholdings in Qualicaps. As part of the acquisition, Mitsubishi Chemical will purchase Carlyle's entire shares in Qualicaps. The ...
Tags: Japan, chemical, healthcare, Mitsubishi Chemical Holdings, Carlyle
IDG News Service - The number and value of technology mergers and acquisitions is flattening out, mainly as a result of economic uncertainty, according to a PricewaterhouseCoopers report. Fifty-nine tech sector M&A deals closed in the ...
Tags: Wall Street, Fifty-nine tech, security systems, single mobile devices
Global alternative asset manager The Carlyle Group and DuPont today announced that they have signed a definitive agreement whereby Carlyle will purchase DuPont Performance Coatings (DPC) for $4.9 billion in cash. The transaction is expected ...
Tags: DuPont, Carlyle Group, DPC
OZFOREX, the online foreign-exchange services specialist backed by Macquarie Group and two of the world's most powerful venture capital and private equity investors, is planning to double the size of its business over the next four years, ...
Tags: Expansion, OZFOREX, Macquarie Group