China-based vendor TCL Communication Technology Holdings has managed to ramp up its smartphone shipments to over five million units a month since October and will reach its goal of shipping 40 million smartphones in 2014, according to the ...
Tags: TCL, Smartphone
Czech beer establishment Pivovary Lobkowicz Group has acquired an additional stake in Rychtar brewery, a move that will bring the company's ownership to 80%. The company has acquired 30% stake in the brewery, in which it already has 50% ...
Tags: Pivovary, Rychtar Brewery
Future Lifestyle Fashion (FLFL), the Future Group's fashion arm has bought an additional 14.3 per cent stake in Mineral Fashions, a designer and marketer of fashion clothing and accessories, the retailer said in a filing with the BSE. The ...
Tags: Future Lifestyle, Mineral Fashions
Sports Direct International Plc reported group revenue rose 6.5 percent to .43 billion in the 26 weeks ended Oct. 26. The UK-based retailer, which has been acquiring retailers across Europe, reported revenues at its Sports Retail division ...
Tags: Premium Lifestyle, Sporting Goods
France-based Saint-Gobain is in the process of putting its glass packaging unit Verallia up for sale to focus on higher-margin home and construction products, with Ardagh confirming that it is monitoring the sale of the unit. The company ...
Volkswagen has reportedly acquired 5% stake in battery maker QuantumScape to develop technology which will help the company boost the range of electric cars it offers. Volkswagen is planning to use the fireproof battery technology in its ...
Tags: Battery, fireproof battery technology, Auto
US based Cooper Tire is looking to move its production out of China following the sale of stake in a joint venture with Chengshan Group. Previously the dispute at the joint venture, Cooper Chengshan Tire Company in eastern Shandong, China ...
Tags: joint venture, Cooper Tire, Auto
German wine seller Hawesko is looking for an alternative buyer for its proposed buyout after rejecting takeover offer by Detlev Meyer. Hawesko's management board said that a 40-euro-per-share takeover bid by by Tocos Beteiligung and its ...
Tags: buyout, wine seller, Agriculture
Coffee and tea producer Keurig Green Mountain has agreed to acquire around 85% stake that it was not previously owning in MDS Global Holding (Bevyz) for €178m. Bevyz has developed a patented single-portion multi-drink system that ...
Stressing the major impact hunting and recreational shooting have on Oregon's economy, a broad group of local and regional leaders representing sporting organizations, small businesses and retailers today announced the launch of Hunting ...
Tags: Hunting Works, Sporting Goods
Private equity firm India Value Fund Advisors (IVFA) is set to expand its investment in food sector. The new investments will be led by Haresh Chawla, a partner of IVFA and the former CEO of Network18. The company will also expand its ...
Tags: Food Sector, Agriculture
Southeast Asian online retailer, Lazada has raised €200 million in a new funding round led by Singapore investment company Temasek . In a statement, Lazada said Temasek joined existing investors including Verlinvest, Kinnevik and ...
Tags: Online Retailer, Apparel
Global beverage giant The Coca-Cola Company has made a deal with South African multinational brewing and beverage company SABMiller to acquire its Appletiser drinks brands on a worldwide basis, and acquire or be licensed rights to a further ...
Tags: Coca-Cola, Sabmiller, Agriculture
US-based food manufacturing company Kellogg's has raised its offer to acquire Egyptian cake and biscuit maker Bisco Misr to £82.2 per share. Kellogg's new offer overtakes Abraaj Investment Management's latest offer of ...
Tags: Egyptian cake, biscuit, Agriculture
Steinhoff International said it has acquired a major stake in apparel retailer, Pepkor for R62.8 billion, which gives the budget furniture firm entry in to Africa's fast-growing garment markets. The South African furniture maker purchased ...
Tags: garment markets, furniture maker, Apparel