Swedish automotive manufacturer Volvo Group and Chinese Dongfeng Motor Group have received the National Development and Reform Commission (NDRC) approval for the establishment of a joint venture in China. The joint venture is subject to ...
Tags: Volvo, Joint Venture
RPM International Inc.'s Rust-Oleum Group has acquired Citadel Restoration and Repair, Inc., a producer and marketer of premium concrete and wood deck floor coatings for both the professional contractor and do-it-yourself (DIY) markets. ...
Tags: Floor Coating, technology platform
US-based Berry Plastics has received permit from the competent approval authority in China to acquire controlling interest of Qingdao P&B. The pending registration, associated with the transaction, with the local company registry would be ...
Tags: Berry Plastics, Packaging
DONG Energy divests its sales business in the Netherlands Wednesday, Jan 22, 2014 DONG Energy today signed an agreement to divest its sale,s activities in the Netherlands – DONG Energy Sales B.V. – to Eneco. DONG Energy has ...
Tags: Done Energy, Northern Europe, Rotterdam, divestment
Teekay Tankers and Teekay Corporation announce the creation of a new tanker company Wednesday, Jan 22, 2014 Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) and Teekay Corporation (Teekay) (NYSE:TK) today jointly announced the creation of ...
Tags: Teekay, TIL, Peter Evensen, Oslo Stock Exchange
Hi-Tech Pharmacal Co., Inc. (NASDAQ:HITK), a specialty pharmaceuticals company, announced today that the US Food and Drug Administration, (FDA) granted final approval for the Company's Abbreviated New Drug Application, (ANDA) for Bromfenac ...
Fonterra, a New Zealand-based dairy co-operative, has raised around NZD250m ($207m), under a five-year dim sum bond issue, in a move to develop its business in China. The dim sum bonds have been issued as part of Fonterra Treasury's ...
Tags: Fonterra, Chinese Operations, dairy
Fiat North America (FNA), a wholly-owned subsidiary of Italian car maker Fiat, has acquired remaining 41.4% stake in American automaker Chrysler. Earlier this month, the Italian car maker Fiat announced that it will purchase the remaining ...
The deal is worth $71m including the settlement of financial debt. Closing is scheduled during the first quarter of 2014 subject to standard completion conditions. Sancoa supplies throughout North America from its three plants located in ...
Tags: Sancoa, TubeDec, CCL Industry, transaction
China's business climate index, a major gauge of the country's macroeconomic outlook, dropped in the fourth quarter, according to data released on Monday. The index was 119.5 points for the fourth quarter, down two points from the ...
ARC Capital Holdings, an investment firm, has signed a definitive agreement with Prospect Link for the sale of its entire stake in Ningxia Xiajin Dairy for $30m. Ningxia Xiajin Dairy, which is a China-based establishment, produces milk ...
Tags: Dairy Firm, Agriculture
American meat producer Tyson Foods has acquired the assets of Bosco's Pizza, in a move to expand its domestic prepared foods business. Bosco's Pizza, which is known for The Original Bosco Stick, produces a variety of stuffed bread sticks ...
Tags: Tyson Foods, Pizza
H.I.G. Capital, LLC ("H.I.G."), a leading global private equity investment firm with more than $13 billion of equity capital under management, announced today that it has completed the sale of its portfolio company MagnaCare Holdings, Inc. ...
Tags: H.I.G., MagnaCare Holdings, EBITDA, successful investment
Packaging glass manufacturer Stoelzle Glass Group has acquired Verreries de Masnières and Bormioli Rocco Valorisation facilitiesthat belong to Bormioli Rocco Group, for an undisclosed sum. Both the facilities, which are engaged ...
Tags: Glassworks, Packaging glass
Canadian dairy products maker Saputo has signed an agreement to acquire the fluid milk business of Scotsburn Co-Operative Services for $61m to expand its presence in Atlantic Canada. Scotsburn Fluid Milk Business operates two processing ...
Tags: Milk Business, Food