The next-generation Aston Martin sports cars will be powered by new V8s based on engines from Mercedes-Benz performance division AMG. British brand Aston and Mercedes-Benz parent company Daimler have confirmed their intention to form a ...
Oaktree Capital Group has engaged investment banking firm Goldman Sachs to find a suitable buyer for packaging company Tekni-Plex, in a transaction which could be worth $800m, according to sources. Five years back, the US-based investment ...
Tags: Oaktree Capital, Tekni-Plex
Drink giant Diageo has moved closer to gain control over India-based United Spirits Limited (USL) after having purchased 10% of the proposed 53.4% stake in USL for £300m through its wholly-owned subsidiary Relay BV. Following the ...
Japan-based Dai-ichi Life Insurance Company (DLI) has reportedly agreed to purchase a 40% stake in Indonesian life insurance company, Panin Life, a source familiar with the deal has revealed. The unidentified source was quoted by Reuters ...
Tags: Dai-ichi, Panin Life
Yahoo has begun talks on a possible purchase of the online video website Hulu, the Dow Jones news site AllThingsD has reported. The move comes after the French government blocked Yahoo's effort to take a controlling stake in another ...
Tags: Yahoo Eyes, Dailymotion Bid
Philips Lumileds Lighting Company is the manufacturer of a wide range of high-power/high-efficiency light-emitting diodes (LEDs). It is a now a fully owned division of Philips Lighting. History LumiLeds Lighting B.V. was formed in ...
US investment banking and securities firm Goldman Sachs Group has disposed of its 75% stake in the Bermuda-based insurance and reinsurance company Ariel Re, for an undisclosed sum. Sources familiar with the matter were quoted by the ...
Tags: investment banking, stake, insurance
Aditya Birla Nuvo reports results for quarter ended 31st December 2012 -Revenue grew by 10 per cent to Rs.6, 305 crore -EBITDA rose by 29 per cent to Rs.1, 090 crore -Net profit surged by 28 per cent to Rs.323 crore For the ...
Tags: Fashion Retail, Sales, Aditya Nuvo
On January 16, Russia-based steelmaking and mining giant Evraz announced that it has completed the acquisition of a 50 percent stake in Corber Enterprises, which holds an 82 percent interest in Raspadskaya Coal Company (Raspadskaya), one of ...
Tags: teelmaking, mining, Evraz, Raspadskaya
Russian mining and steel group Mechel has announced that it has acquired 55 percent (73.33 percent of common shares) of Vanino Sea Trade Port. The acquisition was made in line with the company’s strategy of developing its mining ...
Mr.Dmitry Nikolaenko,sales director and member of the executive committee of Metinvest,shared his thoughts with SteelOrbis about Metinvest's acquisition of Zaporizhstal,about Metinvest's services and on the Turkish flat steel market in ...
Tags: Metinvest, Zaporizhstal, flat steel
US-based Babson Capital Management, a global investment management firm, has provided subordinated debt and made an equity co-investment to support River Associates Investments’ acquisition of a controlling stake in Rose City Printing ...
Tags: Babson Capital Management, investment management, acquisition
Taipei, Dec. 28, 2012 (CENS)--Fubon Financial Holding announced yesterday (Dec. 27) joining hands with its subsidiary Taipei Fubon Bank to obtain 80% stake in First Sino Bank of mainland China and take part in the cash capital increment of ...
Tags: Fubon Financial Holding, Taipei Fubon Bank, investment, footwear
TMK, a leading global manufacturer and supplier of steel pipes for the oil and gas industry, has established a service joint venture with EMDAD in Abu Dhabi, the United Arab Emirates. The service and support center, Threading and ...
Tags: steel pipes, TMK, oil, gas
Most Chinese takeovers in the resource sector do not pose a threat to national security, says the author of a new report on Chinese investment in Canada. Theodore Moran, a professor of international business at Georgetown University, says ...
Tags: resource sector, investment, Direct Investment, mining, oilsands