Coca-Cola FEMSA has finalized the acquisition of 51% of Coca-Cola Bottlers Philippines (CCBPI) from the Coca-Cola Company for $689m. According to Coca-Cola FEMSA, the franchise bottler of Coca-Cola, purchase price represents an aggregate ...
Tags: franchise bottler, Coca Cola, bottler
The merger of Lextar and Wellypower, two LED subsidiaries of AU Optronics (AUO), will be completed on February 1, 2013. Industry sources noted that the pre-merger restructuring has been completed and effects will show in March, as ...
General Electric Company, or GE (NYSE: GE), is an American multinational conglomerate corporation incorporated in Schenectady, New York and headquartered in Fairfield, Connecticut, United States. The company operates through four segments: ...
Tags: General Electric, Lighting Brands
China's Ministry of Industry and Information Technology (MIIT), the National Development and Reform Commission (NDRC) and the State-owned Assets Supervision and Administration (SASAC) have launched a merger and reorganization scheme for ...
Tags: steel sector, steel, cement
The Australian Securities Exchange has appointed high-profile former Treasury secretary Ken Henry to its board as financial regulators consider ending the exchange's monopoly on post-trade clearing services. Dr Henry, who quit his post at ...
Tags: ASX, Ken Henry, Regulators, Clearing Services
The 2012 trend for major cross border merger and acquisition (M&A) activity in the UK food and drink industry is set to continue in 2013. That’s the view of expert Andrew McLean, a partner at law firm Stephenson Harwood, in this ...
Tags: M&A, UK, food and drink industry
Ashland, Kentucky-based ALJ Regional Holdings has announced that based on conversation with Optima Specialty Steel, Inc. regarding its efforts to secure sufficient financing to complete the acquisition of ALJ's majority-owned subsidiary, ...
Tags: ALJ Regional Holdings, Optima Specialty Steel, acquisition, steel
ISIS Innovation, the technology transfer company of the University of Oxford, is expanding Down Under with the appointment of Helen Ujvary as Australian representative for the Isis Enterprise consultancy business. Ujvary was previously ...
Tags: technology transfer, Helen Ujvary, consultancy business
Optoelectronic chip and module maker JDSU of Milpitas, CA, USA has appointed Rex Jackson as executive vice president and chief financial officer, and Susan Spradley as senior vice president with responsibility for the development and ...
Tags: Optoelectronic chip, JDSU, module maker
Changes in the competitive smartphone market look set to cost more UK jobs as smartphone producer Nokia and telecommunications provider Everything Everywhere (EE) both announce a programme of cuts. Nokia outlined plans to cut over ...
Tags: smartphone market, Nokia, telecommunications
Organizers of a new industry effort to boost consumer spending on furniture and accessories through a multi-pronged information program have decided not to meet as an advisory group during the Las Vegas Market. Eric Blackledge of ...
Tags: consumer spending, furniture, Home Furnishings Council
United Parcel Service (UPS) and TNT Express have been informed by the European Commission (EC) that it is working on a decision to prohibit the proposed acquisition of TNT Express. The EC has raised a number of concerns about the merger, ...
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
Bruce Cochrane LINCOLNTON, N.C. — Case goods manufacturer Lincolnton Furniture is looking at ways to reopen its plant here, including a possible sale of its operations and assets. The company, which suddenly closed its doors in ...
Tags: case goods, Lincolnton Furniture, solid wood furniture
Following Georgia Gulf Corporation's pending merger with PPG, the company will be known as Axiall Corporation, Georgia Gulf said Monday. "The new and distinctive brand represents a clear break from the legacy names of the two ...
Tags: Georgia Gulf, merger, PPG