It is reported that the United Arab Emirates is forming the world's fifth largest aluminum company by merging its 2 state owned aluminum company. The merger of Dubai Aluminium and Emirates Aluminium creates a company with enterprise ...
Tags: UAE, Aluminum Firm, Construction&Decoration
Florida-based Cash & Associates has inked an agreement with Digital Insurance, a US-based employee benefits-only agency, to merge its health insurance and benefits division into the Orlando office of Digital Benefit Advisors (DBA). The ...
Tags: Insurance, Digital Insurance, Service
Sahara Petrochemicals Company declares that; based on the request of latest Sahara Board meeting, which took place on 02 June 2013, the start of the initial mutual understanding to study the merge with the Saudi International Petrochemical ...
Tags: Sipchem, Textile, Sahara Petrochemicals
Solar cell maker Neo Solar Power (NSP) has announced May consolidated revenues of NT$1.114 billion (US$37 million), representing an on-month growth of 8.92% compared to NT$1.023 billion in April, and an on-year decrease of 16.75% compared ...
Tags: Solar Power, Solar cell
Net income declined 11% to $34,515,000 from $39,860,000 for the period ended May 4 and included a $0.25 a share impact, largely related to inventory reserve, for the retailer’s foray into luxury merchandise. Revenues rose 8% to ...
Tags: DSW, Sporting Goods
On 24 May the Directorate-General for Competition of the EU Commission approved the planned merger of the Label & Processing business division of Ahlstrom with Munksj? AB with the restriction that the Ahlstrom activities in the areas of ...
Tags: Construction, Decoration
The investment firm Mutares sold the veneer converter HIB-Trim Parts to its competitor NBHX. The sale took effect retroactively to 1 January. The German Federal Cartel Office approved the merger on 16 May and the sale closed on 28 May. Both ...
Tags: Construction, Decoration
France-based Rousselet-Robatel — a manufacturer of centrifuges and complete process lines for a variety of industries including textile, pharmaceutical and chemical among other industries — has acquired an equity share in ...
Tags: Textile, centrifuges
German media operator Bertelsmann and English publishing and education service provider Pearson (NYSE: PSO) last Friday declared that merger between Random House affiliated to Bertelsmann and Penguin Group under Pearson has gotten approval ...
The board of Dell has backed its founder's bid for the company in partnership with venture capital firm Silver Lake. A special committee set up by the company has recommended Michael Dell's bid, rejecting an alternative offer from ...
T-Mobile had been using Software AG's Aris to align its business processes for over a decade, but when news broke of a merger with Orange, the company had to review whether the platform was still the best fit for the job. EE's head of ...
Tags: EE, Aris, Customer Experiences
Exor, the main shareholder in Italian carmaker Fiat, has sold 15% stake in its Swiss inspection services firm, SGS, to Belgian investment firm Groupe Bruxelles Lambert’s subsidiary, Serena of (GBL) for about EUR2bn. The move frees ...
Tags: Fiat Owner, SGS Stake
Tower Group International (TWGP) has inked a deal to purchase American Safety Reinsurance (ASRe), the Bermuda-based reinsurance firm, from Fairfax Financial, at a total consideration of nearly $59m. After completion of the transaction, ...
Tags: Tower Group, Fairfax Financial
UK meat firm Cranswick is likely to reap strategic benefit from the merger of China’s largest meat processor and pig producer, Shuanghui International, with the world’s largest pork processor North America’s Smithfield ...
GL Capital LLC, an association of Edward C Gregor & Associates LLC and Lovell Global Holdings LLC, is partnering with Swiss consultancy Gherzi Textil Organisation AG to support each company's business efforts in Europe, North America and ...
Tags: Textil, Manufacturing, Processing Machinery