The board of directors of Hsinchu-based Taiwan Semiconductor Manufacturing Co (TSMC, the world’s biggest silicon wafer foundry) has approved the sale of its stake in TSMC Solid State Lighting (TSMC SSL). Taiwan’s Epistar Corp ...
Tags: LED lighting products, Electrical
Indonesian rice processor Tiga Pilar Sejahtera Food is planning to expand its business to Vietnam and Malaysia, by investing around $80m. Of the total investment, each country is expected to get $40m, reports Jakarta Post. The company ...
Tags: domestic market, rice output, Agriculture
West Bengal based and since long ailing, Haldia Petrochemicals Ltd (HPL) is expected to reopen its plant as lenders have agreed to infuse fresh funds into the loss making company. After Purnendu Chatterjee, chairman of The Chatterjee ...
Tags: technical snag, Textile
Thoresen Thai Agencies Public Company (TTA) has acquired nine percent stake in Chinese canned food maker Sino Grandness Food Industry Group for around S$24.5m ($18.3m). The acquisition forms a part of TTA's long-term diversification and ...
Tags: water chestnut, sweet corn, fruit, vegetable juices, Agriculture
Rhodes Food Group has announced plans to acquire 100% stake in South African juice maker Pacmar for $14m. An agreement to this effect was signed by the companies. The acquisition is in line with Rhodes' strategy to expand its business ...
Tags: fruit juices, beverages, Agriculture
Brooks was praised for her mission to get girls interested in engineering through toys. Roominate co-founder Alice Brooks has been named in Forbes’ annual 30 under 30 list, becoming the only toy industry representative to star in ...
Tags: engineering, manufacturing category, Toys
South African fruit supplier Capespan Group has acquired 25% stake in German fresh produce distributor and ripener Fruchtimport vanWylick. The acquisition is in line with Capespan's strategy, which was outlined by Capespan CEO Johan ...
Tags: lemons, grape fruits, easy peelers, Agriculture
Samsung's earnings in Q4 rebound from the prior quarter on brisk chip sales and reduced marking costs, a regulatory filing showed Thursday. Samsung Group is reorganizing its business empire to make it easier for the children of Samsung ...
Tags: Samsung, Mobile Chip
Private equity firm J.W. Childs Associates has acquired majority stake in California Pinot Noir producer Kosta Browne from The Vincraft Group. The financial terms of the transaction have not been disclosed. Vincraft acquired its ...
Tags: winery, vineyards, Agriculture
Taiwan Semiconductor Manufacturing Company (TSMC) will form a strategic partnership with LED epitaxial wafer and chip maker Epistar by having its subsidiary, TSMC Solid State Lighting, sell MOCVD sets to Epistar and then acquiring new ...
Tags: LED epitaxial wafer, chip maker, Lights
Devkinandan Corporation LLP, one of the promoters of Ahmedabad-based and second biggest Indian producer of denim fabrics, Nandan Denim, said in a filing that, it has hiked its stake in the company. First on December 18, Devkinandan ...
London and New York-based private equity investment firm Pamplona Capital Management will acquire US-based polyethylene films producer Charter NEX Films for an undisclosed amount. Charter NEX specialises in producing packaging for ...
Tags: Charter NEX, Packaging
Solar cell maker Motech Industries has announced it will be merge with fellow maker Topcell Solar International by swapping one Motech share for six Topcell's, with Motech to be the surviving company after the merger takes effect on July 1, ...
Tags: Solar Cell, Lights
One of Saudi Arabia’s largest food producing firms Savola Group has entered the final round of negotiations with Takween Advanced Industries for the sale of its packaging unit, Takween. Savola had announced the signing of a ...
Tags: food, retailing, Agriculture
US-based food manufacturing company Kellogg's has once again raised its offer to acquire Egyptian cake and biscuit maker Bisco Misr to £89.86 per share, in an increasing $144m takeover battle. Kellogg's new offer overtakes Abraaj ...
Tags: Egyptian cake, biscuit maker, Agriculture