Apollo Tyres Ltd. has completed the sale of some assets in Africa to Sumitomo Rubber Industries (SRI) for $60 million. The deal allows SRI to acquire Apollo Tyres South Africa (ATSA), including the Ladysmith passenger car tyre plant, and ...
Tags: tyre, tire, Auto Parts
It is reported that a group led by stainless steel maker Aperam has up its bid for Outokumpu's Italian steel mill. Outokumpu which is looking to sell its Italian steel plant Terni so far sees all bids as too low. The consortium, including ...
Tags: Steel Mill, steel, Construction
If the Cooper Tire & Rubber Co. and Apollo Tyres Ltd. deal goes through, Goodyear Tire & Rubber Co. will be the last major tire manufacturer "born in the U.S.A." The Bruce Springstein song reference aside, few who followed the events ...
Tags: anniversary, Goodyear, Grim Reaper
Ontario Teachers' Pension Plan has inked a deal to acquire UK-based biscuit manufacturer Burton's Biscuits for an undisclosed amount. Burton's is owned by private equity group Apollo Global Management and Canadian Imperial Bank of ...
Tags: Burton's Biscuits, Apollo Global, Ontario Teachers'Pension
Cooper Tire & Rubber Co. has notified the U.S. Securities and Exchange Commission (SEC) that its third-quarter earnings report will be delayed. The company blamed the delay on a dispute with its Chinese joint venture partner in its Nov. 12, ...
Apollo Tyres Ltd. posted net income of 2.2 billion rupees on net sales of 34.3 billion rupees for its second quarter ended Sept. 30, 2013. That compares to income of 1.5 billion rupees on sales of 33.7 billion rupees for the same period ...
Tags: Apollo Tyres
Burton’s Biscuits, the maker of iconic snacks Wagon Wheels and Jammie Dodgers, has been sold to the Canadian pension fund Ontario Teachers' Pension Plan (OTPP) for an undisclosed sum. Jammie Dodgers' maker Burton's Biscuits has been ...
Cooper Tire & Rubber Co. announced that the Delaware Supreme Court has granted its request for an expedited hearing of its appeal to a partial ruling rendered by Vice Chancellor Sam Glasscock III in the case Cooper filed against Apollo ...
Tags: Auto Parts, tyre, tire
A mysterious fever that has popped up in Chennai, India, has left doctors puzzled as they try to figure out how to treat it. Doctors say tests for various infectious diseases come up negative for patients with the fever, so it has been ...
Tags: India, fever, mysterious, puzzle
Alnylam Pharmaceuticals, a RNAi therapeutics company, announced that the US Food and Drug Administration (FDA) has granted fast track designation to patisiran (ALN-TTR02) for the treatment of transthyretin (TTR)-familial amyloid ...
Tags: Alnylam, Fast Track Designation
Statoil is pleased to announce an exciting exploration programme in Norway also in 2014, building on the exploration successes of recent years. Statoil plans to drill 20-25 exploration wells on the Norwegian continental shelf (NCS) in ...
Tags: Statoil, Norway, NCS, exploration
The Tire Industry Association (TIA) announced at the Specialty Equipment Market Association (SEMA) Show in Las Vegas a new section to its website that includes the technical bulletins for tire service. TIA requested the information from ...
Tags: Tire Industry, tire, tyre, Auto Parts
VIDA Diagnostics, a provider of quantitative imaging and informatics services, has announced the release of Apollo 2.0 at the 2013 American College of Chest Physicians Conference. The software advance signifies the next generation product ...
Tags: VIDA Diagnostics, Chest Physicians
Maple Leaf Foods, a Canada-based meats and baked goods producer, has launched an auction for its bakery business, which includes 90%-owned Canada Bread. Canada Bread is a manufacturer bread, rolls, bagels and sweet goods, specialty pasta ...
Tags: Agriculture, Food, Bread
Green Energy Technology (GET), in view of tight supply of solar-grade polycrystalline silicon wafers arising from increasing demand in China, Japan and emerging markets, aims to increase ASPs by 3-5% in the fourth quarter of 2013, according ...
Tags: Silicon Wafer, Solar-Grade