Posted in Orthopedics by Nancy Crotti on November 18, 2014 Zimmer Holdings Inc. (ZMH) has agreed to extend the European Commission’s review of its pending $13.4-billion merger with Biomet, Inc. “by a limited number of ...
Wacker Asahikasei Silicone, a Japanese joint venture of Wacker Chemie AG, has opened a new development laboratory for airbag applications. The competence center will spearhead the development of silicone coatings for airbags and technical ...
Tags: silicone coatings, airbags, Construction
Kishore Biyani led Future Lifestyle and Fashions Ltd (FLFL) reported a 26.68 per cent year on year hike in second fiscal quarter ending September 30, 2014, net revenues. In a filing to the BSE, FLFL said its net sales stood at Rs 874.12 ...
Tags: private equity fund, net profit, Apparel
Dow Chemical, which wants to hive off its various stakes in Kuwait’s chemical and petrochemical sectors, will offer its shares to Kuwaiti citizens as an initial public offering (IPO). Kuwait's state news agency KUNA quoted Public ...
Tags: petrochemical sectors, Dow Chemical, Textile
Peugeot Citroen is planning to cut around 20% of its workforce from Warwickshire facilities which include workers from its Pinley House and Tile Hill facilities in UK. The company cited that it is restructuring operation and planning to ...
French dairy major Danone has agreed to invest €437m in Chinese infant formula producer Yashili, in a move to acquire 25% stake. The investment is said to form a part of the company's strategy to expand its footprint in China. ...
Tags: Yashili, Mengniu Dairy, Danone, Agriculture
French dairy company Danone is increasing its stake by more than 90% in Moroccan dairy firm Central Laitière with an investment of €278m ($348m), in an effort to cut down its reliance on European region, where dairy is ...
Tags: Moroccan dairy, Agriculture
India-based freeze dried food firm Saraf Foods has announced plans to expand its production capacity by 50%, in a move to cater to the increasing consumer demand for ready-to-eat foods. As part of the expansion, the company plans to ...
Tags: freeze dried food firm, ready-to-eat foods, Agriculture
China-based Bright Food is seeking to list Weetabix Food, which it bought two years ago, in Hong Kong or London. The Wall Street quoted Bright Food vice president Ge Junjie as saying that it plans to list Manassen Foods Australia too ...
Mondelez International has agreed to acquire 80% stake in Vietnam-based Kinh Do's snack business for $370m, in order to strengthen its presence in emerging markets. The transaction includes the acquisition of Kinh Do's two production ...
Tags: snack business, Agriculture
Australian mining heiress Gina Rinehart has announced plans to invest $500m in an infant milk powder joint venture Hope Dairies for export to China. The move comes in advance of an expected announcement of a free-trade agreement ...
Tags: Australian, infant milk, Queensland
Italian state-backed private equity fund Fondo Strategico Italiano (FSI) and Qatar Holding have acquired stake in Italian meat producer Inalca for $205m. The Qatari, Italian joint venture will acquire 28.4% stake in Inalca, which is ...
Fiat Chrysler Automobiles is expected to get $2.8bn from Ferrari before the the luxury car brand is carved out as a separate company. FCA CEO Sergio Marchionne is expected to list 10% of Ferrari's stake in the second quarter of 2015 and ...
Tags: Fiat Chrysler Automobiles, five-year strategic plan, Auto
Dow Chemical said it will reconfigure and reduce its equity base in the MEGlobal and Greater Equate joint ventures, including Kuwait Olefins Company (TKOC) and Kuwait Styrene Company (TKSC). This reduction, Dow said, will be done through ...
Tags: petrochemical products, Qurain Petrochemical Industries, Textile
Most of the panel of speakers at ICAC’s 73rd Plenary Meeting, were of the consensus that all stake holders in the cotton industry should work together to increase its consumption, vis-a-vis manmade fibres (MMF). "Cotton is a ...
Tags: Cotton, synthetic fibres, Textile