Markel Corporation, a US based financial holding company, has completed purchasing Bermuda-based Alterra Capital in a deal valued at nearly $3.13bn in a cash and stock deal. Originally signed on 19 December 2012, the transaction was ...
Tags: Markel, Alterra Acquisition
European investment firm Investindustrial has completed the purchase of a stake in Aston Martin, resulting in a $277 million boost for the car maker towards the development of new products. Aston Martin confirmed the completion of the ...
Tags: Aston Martin, vehicles
Pentair Ltd. announced first quarter 2013 sales of $1.8 billion. Sales were flat compared to pro forma sales for the same period last year excluding the unfavorable impact from foreign exchange. Adjusted first quarter 2013 earnings per ...
Tags: Pentair, Processing Machinery
Dutch consumer goods company Unilever has announced a voluntary open offer to increase its stake in its Indian subsidiary Hindustan Unilever (HUL) from 52.48% to up to 75%. Under the terms of the deal, Unilever agreed to pay INR600 ...
Tags: Unilever, Hindustan Unilever
Vitro S.A.B. de C.V. (BMV: VITROA) (“Vitro” or the “Company”), one of the world's largest producers and distributors of glass products, announced today that it plans to invest more than $1,777 million pesos this ...
Tags: Vitro, glass products, glass
Lectra’s Board of Directors, chaired by André Harari, reviewed the unaudited consolidated financial statements for the first quarter of 2013. Highlights: -Revenues: €48.3 million (+2%) - Income from operations before ...
BASF increased its sales and income from operations (EBIT) before special items in the first quarter of 2013. At €19.7 billion, sales exceeded the level of the previous first quarter by 5%. Sales volumes grew particularly as a result ...
Tags: BASF, Construction
On 23 April, the EU Commission‘s competition authorities approved the takeover of Spano by Unilin, which is owned by the US-American company Mohawk. The approval under cartel law had already been granted following the provisional ...
Tags: EU Commission, Construction
The chairman of Yahoo's board of directors has stepped down from that position and will leave the board entirely later this year, Yahoo said Thursday. Fred Amoroso won't be seeking reelection when shareholders vote for board members at ...
PPG Industries announced the launch of the company’s new sustainability vision, values and goals issued in the 2012 PPG Corporate Sustainability Report. This sustainability “framework” follows more than a year of in-depth ...
Tags: PPG, PPG Industries
Indian steelmaker JSW Steel has denied media reports about Japan's JFE Steel increasing its shareholding in JSW. The Indian steelmaker stated that JFE Steel still has a 16.17 percent shareholding in the company. An Indian-based newspaper ...
Tags: Steel Denies Reports, Mineral
Aon has reported net income attributable to its shareholders of $261m, or $0.82 per share, with an increase of 10%, compared to $238m, or $0.71 per share, during the same period earlier year. For the three months ended on 31 March 2013, ...
Tags: Aon, Net Income
US-based agri-processing company Archer Daniels Midland (ADM) is close to complete the acquisition of Australia's largest grain exporter after GrainCorp accepted its A$2.8bn ($2.95bn) takeover bid. Under the terms of the deal, ADM agreed ...
Tags: Archer Daniels Midland, Food
This year is the first year when Baosteel 2013-2018 development plan is implemented and it is also the new starting point and new journey. What kind of company of the future of Baosteel? Steadiness, concentration and sustainable are the ...
Tags: Baosteel, steel, Metallurgy, Mineral, Energy
DuPont reaffirmed its full year 2013 EPS outlook and announced a 5% dividend increase. DuPont announced first quarter 2013 operating earnings per share (EPS) of $1.56 versus prior year earnings of $1.64. GAAP1 EPS from continuing ...
Tags: Textile