US-based Analogic has acquired the remaining ownership stake in PocketSonics for an initial cash payment of approximately $11m, with additional contingent payments of up to $3m based on the achievement of certain milestones related to the ...
Tags: Analogic, Pocketsonics
Canadian smartphone maker BlackBerry has agreed to a US$4.7bn takeover bid from a consortium led by its biggest shareholder, Fairfax Financial. In a statement released today, the company has signed a letter of intent agreement under which ...
Tags: Blackberry, Consumer Electronics, smartphone
Tianjin Zhongxin Pharmaceutical Group Corporation Limited (SHSE: 600329) revealed that a notice has been received from controlling shareholder Tianjin Jinhao Pharmaceutical Co., Ltd., saying that agreement has been inked with controlling ...
Li Ka-shing, the richest person in China, said on September 17 that he would not withdraw capital from the Hong Kong market. Cheung Kong (Holdings) Ltd. (SEHK: 0001) and Hutchinson Whampoa Ltd. (SEHK: 0013), two listed firms controlled ...
China's top three oil and gas producers have signed up for bidding for a block of a deepwater oil field in Brazil, each. Brazil will hold a bidding for a pre-salt block in the Libra oil field and the first round is scheduled to be held on ...
Tags: Metallurgy, Mineral, Energy, gas, oil
Chinese Internet giant Tencent Holdings Ltd. (SEHK: 0700) will see stake in Sogou.com, the search engine unit of Sohu.com Inc. (NASDAQ: SOHU), rise to about 40 percent in the near future. It co-announced with Sohu.com. and Sogou.com in ...
Tags: Tencent, Sogou, service, Computer Products
Thai Containers Group (TCG), a joint venture of SCG Paper and Rengo, has completed the acquisition of 90% stake in Indonesia-based PT Primacorr Mandiri in a deal worth THB395m ($12.4m). The existing shareholders will hold the remaining ...
Brazil's government plans to finance state-run oil company Petroleo Brasileiro SA's participation in the October 21 auction of Libra, country's largest-ever oil discovery, the Estado de S. Paulo daily newspaper reported on Saturday. The ...
Tags: oil, Metallurgy, Mineral, Energy
Noble Biomaterials, Inc., the global leader in bacterial management solutions and manufacturer of X-STATIC and X-STATICXT2 technologies, announces it has achieved bluesign system partnership after undergoing stringent bluesign screening. ...
Tags: Biomaterials Certified, Textile
A global producer, marketer and provider of ingredients for food and beverage industry, has acquired a 50% stake in Mais Frut, a Brazil-based manufacturer and marketer of frozen fruits, fruit purees and juice concentrates for the food and ...
Tags: Agriculture, Food, beverage
Valve, the company behind Steam, the popular PC games platform, will unveil more details about its proposed Linux-based "Steam box" console next week. The news was revealed by founder Gabe Newell at LinuxCon 2013 this week in a keynote ...
Tags: Steam Box, Industrial Equipment, Components
Nissin Foods, a Japanese food and instant noodles manufacturer, is looking at options to acquire Capital Foods, an Indian-based processed foods and ingredients firm. Capital Foods is 40% owned by investment firm Future Ventures, while the ...
Tags: Nissin Foods, Capital Foods
Marks & Spencer (M&S) has signed a one year deal to work with social enterprise technology provider Good World Solutions to facilitate direct communications with workers in its clothing supply chain via mobile technology. M&S will use ...
Whitworths, the dried fruit, nut and seed supplier, has received a big cash boost after private equity firm Equistone Partners Europe Fund IV acquired a major stake in the Midlands-based firm. Equistone Partners investment will enable ...
Tags: Fruit, Nut, Agriculture, Food
UK-based spirits maker Diageo is set to sign an agreement with India-based United Spirits, in which its owns 25.02% stake. Under the terms of the agreement, United Spirits will sell Diageo brands in India, effective October 2013. ...