A "strong" performance from Glanbia's nutrition ingredients business has led the Irish food group to lift its forecast for full-year earnings. Glanbia said it expects its adjusted earnings per share to increase 8-10% on a ...
Tags: Glanbia, nutrition ingredients, earnings, food industry
In the first quarter of 2012, PPR posted €3.3 billion in revenue from continuing operations, up 7.9% on a comparable basis and 15.4% on a reported basis versus first quarter 2011. This strong start to the year was powered by the ...
Tags: Alexander McQueen, Brioni, CEO PPR, Francois-Henri Pinault
LUKOIL paid up the 12th coupon on the bonds of the 4th issue released in the volume of RUB 6 billion. RUB 221.4 million were transferred to the investors. The 4th issue includes 6mln bonds of 1ths rub par and 7 year maturity. It was ...
Tags: LUKOIL, bond, coupon rate, issue
UK-based pulp‚ paper and packaging group Mondi has announced that it successfully acquired Nordenia‚ a worldwide operating manufacturer of flexible packaging‚ technical films‚ and product components for €259m. ...
Tags: packaging, Mondi, technical films
HSBC Insurance and HSBC Asia Pacific have agreed to dispose of their entire 15.57% shareholding in Ping An Insurance (Group) Company of China to Thailand's Charoen Pokphand (CP) group for HK$72.7bn ($9.38bn). Under terms of the deal, CP ...
Tags: HSBC, Ping An Insurance, insurance, dispose
Irish nutritional solutions and cheese firm Glanbia has entered into an agreement to sell 60% stake in its dairy ingredient division – Dairy Ingredients Ireland (DII) - to its largest shareholder Glanbia Co-op Society, in a ...
Tags: nutritional solutions and cheese firm, dairy ingredient division
Asia Packaging Group has announced the execution of a share purchase agreement to acquire Yuanxing Package's operating business in China for $48m through the acquisition of all of the issued and outstanding share capital of Jiayuan ...
Tags: Asia Packaging Group, purchase, food, pharmaceutical industries
The purchase price of Yuanxing HK and Yuanxing China, which are referred collectively as Yuanxing Package, will be $48m. Yuanxing China manufactures and markets a variety of retail/shopping bags and packaging products to the Chinese ...
Tags: purchase, Yuanxing Package, retail bags, shopping bags, packaging products
Tower Group has accomplished its $75m investment in Canopius Group and subsequently acquired 10.7% of the ordinary share capital in the firm. Canopius, a privately owned Lloyd's of London insurance holding company offers insurance and ...
Tags: Tower Group, investment, Canopius Group, share capital, insurance
UK-based HSBC Holdings PLC is likely to dispose of its 15.6% interest in China’s Ping An Insurance. Undisclosed sources were cited by a Chinese-language Hong Kong Economic Journal as saying that Thai businessman Dhanin Chearavanont ...
Tags: PLC, interest, Ping An Insurance, insurance
Shares of Hindustan Copper and Blue Dart Express have rallied over 25% after initial fall of more than 4% each on back of heavy volumes. Hindustan Copper has soared 15.5% to INR 276, bouncing back almost 25% from intra day low on the BSE. ...
Tags: Copper and Blue Dart, copper, Express rally, Hindustan Copper
Randall&Quilter(R&Q)has signed an agreement to purchase the entire issued share capital of Alma Insurance Company,subject to change of control approval by the FSA. Under the terms of the accord,R&Q will pay 4.4m($7.05m)in cash for Alma ...
Tags: Alma Insurance, Randall&Quilter, R&Q
Specialty chemicals manufacturer BASF has offered to acquire Pronova BioPharma, which manufactures omega-3 fatty acids. As part of the acquisition plan, BASF has signed an agreement with Pronova to suggest voluntary public takeover offer ...
XTL Biopharmaceuticals has acquired 4,620,356 shares of Proteologics from Teva Pharmaceutical for nearly NIS6.5m($1.6m). The company has purchased single share at an amount of NIS1.405($0.36). The acquired shares represent all the ...
Tags: XTL Biopharmaceuticals, shares, drugs, multiple myeloma, schizophrenia
The Boards of Directors of Pantaloon Retail India Limited(PRIL)and Future Ventures India Ltd,(FVIL)approved a proposal to consolidate their fashion businesses into a new to be listed entity(Future Fashion),which would emerge as one of ...