For its fiscal fourth-quarter 2014 (to 3 October), Skyworks Solutions Inc of Woburn, MA, USA (which manufactures analog and mixed-signal semiconductors) has reported revenue of $718.2m, up 22% on $587m last quarter and 51% on $477m a year ...
Tags: Skyworks, semiconductors
Although dwindling domestic demand and excess capacity have shrunk profit margins for most Chinese steelmakers, it has inspired some to tap overseas markets for sustained, long-term growth. Hebei Iron &Steel Co, China's second-largest ...
Tags: Chinese Steelmakers, Iron, Steel
French dairy major Danone has agreed to acquire 40% stake in , dairy company Brookside Dairy. The move is in line with the company's strategy to expand its presence across Africa. Brookside currently sells long-life milk in Kenya and ...
Tags: Danone, Brookside Dairy, Food
Private equity firm Arbor Investments has completed the sale of its Fund I portfolio company Truco Enterprises, a producer of tortilla chips, salsa and queso, to Insignia Capital Group for an undisclosed amount. Truco, which was founded ...
Tags: Arbor, Truco Enterprises, Food
G. Willi-Food International Ltd. (the "Company" or "Willi-Food"), a global company that specializes in the development, marketing and international distribution of kosher foods, today announced its financial results for the fiscal year ...
Tags: G.Willi-Food, kosher foods
Israeli technology firm Emblaze has signed a deal to takeover a controlling stake of 58% in Willi-Food Investments (WFI) for NIS268m. The deal was signed with Zwi Williger and Joseph Williger who are selling their whole interests in WFI, ...
UK-based Premier Foods has struck a deal with private equity firm Gores Group to sell a controlling stake in its struggling bread making division, a move which allows it to focus on its grocery business. As per the agreed terms, Gores ...
Tags: Sell Controlling Stake, bread
United Dairy Power, an Australian milk supplier, is in talks with Origo Partners, a Beijing-based private equity firm, over a sale of the company for about $70m. Established in 1999, United Dairy operates two factories at Jervois and ...
Tags: Dairy, milk supplier
Global drinks giant Diageo has confirmed it is considering selling most of the Whyte & Mackay (W&M) whisky distilleries it gained by taking over India’s United Spirits. Diageo is offering a deal to offset competition concerns about ...
Tags: Diageo, mull, sale, Whyte&Mackay distillery
According to Korea IT Times, Cheil Industries, a Samsung Group company specializing in textiles, will invest up to 1.8 trillion won (US $1.7 billion) for the next three years in high value-added electronic and chemical materials. The ...
Tags: Cheil Industries, Samsung Group
SEOUL, South Korea, Nov. 13, 2013 /PRNewswire/ -- Basic Element, one of Russia's leading diversified business groups, En+ Group, Russia's leading mining, metals and energy group, have signed a Memorandum of Understanding (MoU) with POSCO, a ...
The Co-operative Bank is to invest another £500m in upgrading its IT systems over the next three years as the Co-operative Group cedes control of its troubled bank to US hedge funds. The news was revealed as the Bank unveiled a ...
Tags: Computer Products, bank, software
Danone is set to acquire 49% stake in Fan Milk, a frozen dairy products and juices manufacturer in West Africa. The French dairy firm will join Dubai private equity firm Abraaj to acquire Fan Milk in a $360m deal, reported the Financial ...
Tags: Danone, Dairy Fan Milk
Microsoft is entering China’s gaming market with a new joint venture, the latest sign that its Xbox console soon arrive in the country. Microsoft established the joint venture with BesTV, a local provider of Internet television ...
Tags: Microsoft, Gaming Market
Chilean financial institution CorpGroup is mulling over divestment of its insurance division to a pension fund manager, Inversiones La Construccion (ILC), in a deal worth approximately $165m. The company, which manages CorpBanca, said ...