Senior executives at ailing smartphone maker BlackBerry met with Facebook executives to find out whether the social media company might be interested in bidding for the Canadian firm. News of the meeting was reported in the Wall Street ...
Tags: Blackberry, Computer Products, smartphone
Lion, an Australian unit of Japanese conglomerate Kirin, has acquired a 9.99% stake in Australia's Warrnambool Cheese & Butter (WCB). Warrnambool operates two manufacturing facilities in South West Victoria and South Australia with more ...
Tags: conglomerate Kirin, Cheese, Butter
Video service provider PPTV, Suning Commerce Group Co., Ltd. (SZSE: 002024), Hony Capital jointly declared that the latter two will put USD 420 million strategic investment in the former, being the biggest like investment ever kicked off by ...
Cheung Kong (Holdings) Limited (SEHK: 0001) under Li Ka-shing has sold off a 6.03% stake in ARA Asset Management, cashing in rich money. Target company is currently listed in Singapore, 13.87% held by Cheung Kong Holdings formerly. The ...
Singapore-based rubber plantation group GMG Global's rubber output in the third quarter fell 4% year on year to 78,732 mt, from 81,664 mt a year ago, while net profits plunged 87% to S$1.54 million ($1.1 million), from S$12.2 million, ...
The German economy is on the verge of an upturn driven by domestic demand. The improving global economic climate and decreasing uncertainty are fuelling investment. Private consumption is benefitting from favourable employment and income ...
Mongolia on Friday unveiled a raft of new investment agreements with China--including an oil-exploration deal—that Mongolian Prime Minister Norovyn Altankhuyag said in an interview would build up the landlocked country's ...
Tags: oil-exploration, crude-oil
ASR Group, a cane sugar refining and marketing company, has purchased 50% stake in Italian sugar refinery SFIR Raffineria di Brindisi from ED&F Man, a specialist merchant of agricultural commodities, for an undisclosed amount. Built in ...
Tags: ASR Group, Sugar Refinery
South Korea-based insurance conglomerate Hanwha Life has forayed into Indonesian insurance market with a strategy to gain 1.5% share of the country’s insurance market. The expansion follows the acquisition of 80% stake of PT ...
Tags: insurance, Hanwha Life, Insurance Market
Jiangxi Province-based Chinese steelmaker Fangda Special Steel has issued its financial results for the first three quarters of the current year. Accordingly, in the first nine months this year the company achieved an estimated net profit ...
Tags: Fangda Special Steel, Mineral
Danone is set to acquire 49% stake in Fan Milk, a frozen dairy products and juices manufacturer in West Africa. The French dairy firm will join Dubai private equity firm Abraaj to acquire Fan Milk in a $360m deal, reported the Financial ...
Tags: Danone, Dairy Fan Milk
McKesson and Celesio announced that McKesson signed an agreement to acquire a majority stake in Celesio for €23 per share and to launch parallel voluntary public tender offers for the remaining publicly-traded shares and outstanding ...
Panel display manufacturer Samsung Display said on Friday its firtst LCD factory in China has started to operate and join the rivals of expanding capacity in the country, despite the fact that China's TVs market shranks and panel displays ...
Tags: LCD Production, LCD Capacity
Helios Dom?ale d.d. and Ring International Holding (RIH), a Vienna-based industrial group active in the fields of stationery products and industrial coatings, agreed on the terms and conditions of a share purchase agreement (SPA) in which ...
Gorilla Glass maker Corning has announced that it's going to buy out Samsung Display's stake in their LCD joint venture, in a deal that gives Samsung Electronics a 7.4 per cent stake in Corning. As well as having a foot in the firm, ...
Tags: Samsung, Gorilla Glass Maker