Alfa, a Mexican conglomerate engaged in car parts and petrochemicals, is looking at options to launch an initial public offering (IPO) for its processed foods division Sigma Alimentos. Sigma produces dairy and meat products under Fud and ...
Tags: Sigma Food Unit, Food
Border Biscuits, a Scottish biscuit manufacturer, is set to establish a new warehouse at its facility in Lanark, to increase its storage capabilities and improve facilities. The 1,620m2 warehouse will expand the floor space by more than a ...
Tags: Lanark Facility, Biscuits
Grupo Lala, a Mexican dairy company, is set to raise $863m through an initial public offering (IPO) this month to strengthen its operations and prepay bank loans. The company is offering 444 million shares in an offering that is ...
Tags: Dairy Grupo, Lala
Premier Foods, a UK-based food company, said that it is not planning to sell its Hovis bread business, and it seeks to further strengthen the unit. The company has faced a series of transactions such as management changes, refinancing and ...
Tags: Premier Foods, Hovis Bread
The All Pakistan cAssociation (APTMA) has said that it would soon unveil ‘Vision APTMA 2020’ aimed at boosting textile exports from the current US$ 13 billion to US$ 26 billion by 2020. Talking to media after assuming ...
Tags: Textile Exports
US-based life insurer MetLife has finalized acquisition of a 64.3% stake of Chilean pension fund administrator, AFP Provida from Spanish bank BBVA, in a deal worth approximately $1.54bn. From the sale of AFP, the Spanish bank received ...
Tags: Metlife, life insurer
There have long been doubts about the quality of Chinese economic data, until finally the Chinese government has admitted it. China's National Bureau of Statistics has said that a county government in Yunnan province "faked" economic data ...
Tags: economy, Economic Data, china
Although there is no firm yardstick to gauge its real impact, China Investment Corp has in many ways been the most representative face of Chinese investment in Europe. Apart from its regular activities such as equity and other investments, ...
Tags: Sovereign Wealth Fund, economy, China
Wison Engineering (SEHK: 2236) announced on September 25 Agricultural Bank of China (ABC) had issued a notice to require the former to repay principal of CNY 186 million and related loan interests to its subsidiary Wison Engineering ...
Tags: Construction, Decoration
Last week saw U.S. stock indexes climb to near record highs and the U.S. dollar fell to its largest decline in 5 weeks following the release of minutes from the Federal Reserve along with comments from Fed Chairman Ben Bernanke that ...
Chinese steelmakers, already obsessed with low profit margins, have been told to increase their environmental investment to help the country reduce air pollution. As part of an action plan to curb air pollution, the Chinese government is ...
Tags: steel, Construction
Roland Berger Strategy Consultants has analyzed the role of banks in the internationalization of European small and medium enterprises in its new study: "What role can banks play in the internationalization process of European SMEs?". ...
Oclaro Inc of San Jose, CA, USA, which provides lasers and optical components, modules and subsystems for optical communications, has announced underwhelming financial results for its fourth-quarter and fiscal year 2013 (ended 29 June). ...
Tags: Oclaro, Electrical, Electronics, optical communications
The Royal Bank of Scotland (RBS) is to spend more than £300m on a new IT system as it prepares to sell off 314 branches under the Williams & Glyn's moniker. RBS is reviving the Williams & Glyn's name after 30 years, with the ...
Tags: Computer Products, software
Emerging East Asian economies risk slower growth after they failed to take advantage of ample cash supply made available by global monetary authorities to build roads and ports, the Asian Development Bank said. Funding infrastructure ...
Tags: Emerging Markets, ADB