Bormioli Rocco has announced the acquisition of a majority stake in Italian glass manufacturer Neubor Glass for an undisclosed value. The operation is expected to increase Bormioli Rocco's production volume with the construction of a new ...
Tags: Bormioli Rocco, Glass Manufacturer
The Norwegian Competition authority has approved Orkla's purchase of 90.11% of the shares in food firm Rieber & Son. The acquisition is expected to be completed within a week. The approval of the Norwegian competition authorities ...
Tags: Norway Competition
Audi Australia is forecasting 15,000 sales for 2013, a number it thought it wouldn't reach until 2015. Audi Australia's new managing director Andrew Doyle, who joined the local arm on March 1 from a position as Audi MD in Ireland, said ...
Tags: Audi, Transportation
They are among the new faces to join Ireland's richest 250 this year. Dowling is worth £74m and Fry is worth £59m. Metal and glass packaging giant Ardagh Group is chaired by Paul Coulson, who earned £965m. Coulson earned ...
South African-based coal producer Universal Coal has announced that it has increased its ownership in the 1.35 billion mt Berenice coking coal project in the Limpopo region of South Africa to 50 percent. Reaching 50 percent ownership will ...
Tags: Coking Coal, Metallurgy, Mineral, Energy
US-based investment management firm Trian Fund Management's founding partner Nelson Peltz has acquired stakes in PepsiCo and Mondelēz International. Peltz has acquired stakes valued at about $1.4bn each in PepsiCo and Mondelez ...
Tags: Nelson Peltz, Agriculture
Dutch financial conglomerate ING, has agreed to dispose of its 49% stake in Korean joint venture (JV), KB Life Insurance Company (KB Life), to venture partner KB Financial Group. A total consideration of KRW166.5bn (€115m) will be ...
Tags: ING, KB Life Insurance
Kohlberg Kravis Roberts & Co. LP and SMCP Group, a leading ready-to-wear affordable luxury apparel retailer, announced that KKR signed a definitive agreement with SMCP’s current shareholders to acquire a majority stake in the Company ...
Tags: KKR, Apparel Retailer
Energized by a surge of shipments in Asia, the global PV inverter market in 2012 bucked weak worldwide solar industry conditions to expand by 5% and break the US$7 billion level for the first time. Global PV inverter market revenue last ...
Tags: PV, PV inverter market, Lighting
intelloCut announces its participation at InDIGO 2013 to be held in International Trade Expo-Centre, Sector 62, Noida from 19th till 20th April, 2013. It will exhibit at the event (Booth No. 6) and demonstrate its material saving and ...
Tags: Sewn Products, Textile
A mining company with a plan to do for emeralds what De Beers has done for diamonds has been delivered a blow by the government it is in partnership with. Seemingly out of the blue, the Zambia Ministry of Mines, Energy and Water ...
Jiangsu Province-based Chinese steel producer Shagang Group has announced that it has transferred a 38.96 percent stake in Shandong Tiexiong Xinsha Energy Co., Ltd to Chinese metallurgical coke producer Shandong Coking Group Co., Ltd. ...
Tags: Shagang, Shandong Coking
Ares Life Sciences, a Switzerland-based healthcare-focused investment group, has signed a definitive agreement to acquire the complete share capital of Planet Biopharmaceuticals. The agreement also includes the acquisition of Planet ...
Tags: Ares Life Sciences, Medicine
HP can stake a bigger claim in the infrastructure as a service (IaaS) market by creating an enterprise-friendly rival to Amazon's 'consumer' cloud, according to the head of the firm's Converged Cloud unit, Saar Gillai. HP is in the ...
Tags: HP, Computer Products
Japanese tire maker Bridgestone will construct a new passenger car radial tire manufacturing facility in Russia. The plant will be located in the Zavolzhye Industrial Zone in Ulyanovsk Oblast, Russia and will be managed by the Bridgestone ...