Siemens AG said in mid-June that its spin-off listing of OSRAM lighting business will be implemented on July 8. Peter Loescher who is the CEO of Siemens AG and Joe Kaeser Mentioned who is the Chief Financial Officer of Siemens AG ...
Singapore's sovereign wealth fund, Temasek, made net investments of S$4 billion ($3.16 billion) in its energy and resources portfolio in the year to March 31, the fund said Thursday. The new investments included acquiring an additional 5% ...
UK-based cheese manufacturer Futura Foods has sold 44% stake to Danish dairy firm Nordex Food for an undisclosed amount, as part of its efforts to strengthen its presence and bring Nordex's into the country. Nordex Food is a privately ...
Tags: Futura Foods, Nordex Food
Howden Broking Group has purchased a 25% shareholding in Chilean insurance broker, Patagonia Corredores de Seguros (PCS), for an undisclosed sum. Based in Santiago, PCS provides an array of property, energy, liability, construction, ...
Tags: Howden, Chilean Broker
Alaska has extended an agreement with TransCanada that sees the state offer subsidies for the firm's work on a natural gas pipeline and LNG export project in the state, a state official said Wednesday. The previous agreement expired June ...
Tags: Gas Pipeline, Alaska
Shell is proceeding with front-end engineering and design work for its proposed LNG import facility in Batangas, Philippines, it said Sunday. The decision comes a year after Shell signed a memorandum of understanding with the Philippines' ...
Tags: Shell, LNG Import
Sembcorp Industries (Sembcorp) announces that its wholly-owned subsidiary, Sembcorp Utilities, has signed an agreement to invest NOK30 million (approximately S$6.4 million) in Biowater Technology (Biowater), a Norwegian-based company that ...
Tags: Service
Nokia is to acquire Siemens' 50% stake in joint venture Nokia Siemens Networks, which will become a wholly-owned subsidiary of the Finnish company after the transaction is completed. The handset maker is paying $2.2 billion to acquire the ...
Tags: Nokia, Siemens, Computer Products
Harvatek, LED packaging business from Taiwan, has announced to quit joint venture project with China-based TV brand TCL. Harvatek stated that both parties have had taken different attitudes towards some terms, and after careful ...
Nokia has bought Siemens' 50 per cent stake in Nokia-Siemens Networks (NSN) for €1.7bn, enabling it to re-take full control of its telecoms network business. "With its clear strategic focus and strong leadership team, Nokia Siemens ...
Tags: Nokia, Siemens, Telecoms Equipment
Shanghai Pharmaceuticals Holding Co., Ltd. (SHSE: 601607) revealed that agreement has been inked with Dongying Pharmaceuticals Co., Limited (BVI) for equity transfer to be carried out in phases. As the first step, Shanghai Pharmaceuticals ...
Tags: Pharmaceutical, generic drugs
Taiwan-based LED packaging house Harvatek has announced the termination of joint venture with China-based TV brand TCL. Harvatek noted that both parties have had disagreements on some terms, and after careful consideration, the firm decided ...
Tags: LED packaging house, Harvatek, TCL
One of the longest-running energy infrastructure sagas in recent history has finally reached its conclusion after the BP-led consortium that operates the giant Shah Deniz field offshore Azerbaijan snubbed the Nabucco West pipeline in favor ...
Israel Corp is considering splitting into two companies, the holding company which holds a majority stake in Bazan Group and Israel Chemicals, said on Wednesday. The statement to the Tel Aviv Stock exchange said that its board of ...
Tags: Chemicals
Everlight has been actively developing LED lighting, in addition to operating its own brand "EVERLIGHT", it's board of directors announced on June 25 that it will Purchase 100% stake of an European lighting company at not more than 10 ...