Sports Direct International plc, the UK's leading sports retailer, sold its 4.6 per cent stake in Debenhams plc and entered an additional put option contract that nearly doubled its potential stake in the British department store to 12.7 ...
Schutt Sports acquired the Adams, Trace, Bolco Bases, Neumann Gloves and Bucks Belts brands and accompanying spring 2015 inventory last week, in a deal that clears the way fro Adams USA Inc. to liquidate. Adams USA Interim CEO Tom Haas ...
Tags: Schutt Sports, Gloves, Bucks Belts, Sporting Goods
Although dwindling domestic demand and excess capacity have shrunk profit margins for most Chinese steelmakers, it has inspired some to tap overseas markets for sustained, long-term growth. Hebei Iron &Steel Co, China's second-largest ...
Tags: Chinese Steelmakers, Iron, Steel
Following the anti-dumping and countervailing measures imposed by the US on China and Taiwan solar PV makers, the European Union (EU) is now investigating other Asia countries for allegedly helping China violate the terms of a solar-export ...
Taiwan's Ministry of Economic Affairs (MOEA) on October 29 approved the conversion of China-based LED epitaxial wafer and chip maker Sanan Optoelectronics' 19.9% stake in Taiwan-based Formosa Epitaxy into a 3.1% stake in Epistar, with the ...
Tags: LED epitaxial, LED chip
Daimler has sold its remaining 4% stake in electric car company Tesla Motors which fetched the company $780m. According to reports, the selling of shares will improve Tesla's ties with Mercedes rival BMW. Tesla supplies batteries and ...
Tags: cDaimler, Tesla Motors, Accessories
Chinese conglomerate Evergrande has introduced a new brand of imported infant formula milk powder to cater to the increasing demand for infant formula products in the country. The move comes after the company acquired majority stake in ...
Tags: Evergrande, a new brand, Food
UK-based food ingredients specialist Chaucer has agreed to acquire 65% stake in American freeze-dried fruit and vegetable brand Crunchies Food, for an undisclosed amount. The investment is said to form a part of Chaucer's commitment in ...
Australia-based Perich Group has announced plans to invest around $100m in its dairy operations to accommodate increasing demand for milk products across Asia. As part of the investment, the company will construct new milk manufacturing ...
Tags: Perich Group, dairy operations, Food
Perich Group in Australia is planning to invest around $100m in its dairy operations, in order to cater to the increasing demand for milk products across Asia. The company plans to construct new milk manufacturing plants, develop new ...
Tags: Perich Group, Operations, Food
For its fiscal first-quarter 2015 (ended 28 September 2014), Cree Inc of Durham, NC, USA has reported revenue of $427.7m, up 9% on $391m a year ago but down 2% on $436.3m last quarter (and below the $440-465m forecasted in mid-August). ...
Diageo-owned Indian alcoholic beverages company United Spirits is planning to divest two distilleries in the states of Andhra Pradesh and Kerala. The move is in line with the company's strategy to boost its resources by cutting down ...
Tags: United Spirits, Distilleries, Food
Solar wafer maker Sino-American Silicon Products (SAS) plans to issue new shares to raise paid-in capital by NT$8-10 billion (US$264-330 million) ahead of a move to list its subsidiary GlobaWafers on Taiwan's over-the-counter (OTC) ...
Tags: semiconductor wafer, solar wafers
Argentinian steelmaker Techint is accusing Japanese-based Nippon Steel of orchestrating a move that could completely alter the control of Brazil’s Usiminas, according to a media report. The move began with the “unilateral ...
Tags: Techint, Nippon Steel, steelmaker
Algerian food processor Cevital has filed a binding bid to acquire Lucchini's steelmaking plant in Piombino in Italy's Tuscany region, as announced by Lucchini on October 20. Lucchini added that special commissioner for Lucchini, Piero ...
Tags: food processor, Algerian Group