Microsoft is to buy Nokia's mobile phone business and license its patents in a deal worth $7.2bn (£4.6bn). Further reading Nokia whacked by another downgrade – Moody's rates Nokia four notches below investment grade Microsoft ...
Tags: Microsoft, Nokia, Mobile Business
Over the past five years, the Glass Product Manufacturing industry has declined as both consumers and businesses turn away from the use of domestic glass. Substitute goods, such as plastics and metals, have become increasingly popular, and ...
Tags: Glass, Construction
Chinese company Yashili has received approval to establish a NZ$220m ($170.7m) infant formula production facility in Pokeno, New Zealand. The Waikato District Council gave clearance for the facility after a three-day hearing which was ...
Tags: Yashili, Infant Formula
ATS Automation Tooling Systems has signed an agreement to acquire all shares of IWK Verpackungstecknik as well as Oystar IWK USA, a pharmaceutical and personal care tube filling and cartoning machinery group for €103m. The ...
Coca-Cola Femsa, the public bottler of Coca-Cola products, has signed an agreement to acquire 100% of Spaipa bottler in the Brazilian Coca-Cola system in a deal worth $1.8bn. According to Coca-Cola Femsa, Spaipa's strategic footprint is a ...
Tags: Coca-Cola, Bottler Spaipa
International specialty pharma company Meda has signed a definitive agreement to acquire Acton Pharmaceuticals, a specialty respiratory pharmaceutical company, in an all cash transaction. The proposed transaction, with a total potential ...
Tags: Pharmaceuticals, Meda
Taiwan's Ministry of Economic Affairs (MOEA) on August 29 approved the investment by China-based LED epitaxial wafer and chip maker Sanan Optoelectronics in Taiwan-based fellow maker Formosa Epitaxy with some conditions attached, according ...
Tags: Formosa Epitaxy, Lighting
MetLife Chile Acquisition, a subsidiary of MetLife, is planning to acquire all the issued and outstanding common shares held by US holders and American depositary shares of AFP Provida for $6.14 and $92.21 per share in cash respectively. ...
Tags: MetLife Chile, Service
A week after Steve Ballmer said he plans to step down as CEO of Microsoft, ValueAct Capital, one of its biggest investors, has secured the right to appoint its president to Microsoft's board. Microsoft has signed a "cooperation agreement" ...
Tags: Microsoft Board, Computer Products
Taiwanese prosecutors are investigating three of HTC's employees for stealing trade secrets to sell to Chinese firms and fraud, according to recent reports. HTC's research and development centre as well as the suspects' offices and homes ...
Tags: Computer Products, software, HTC
Valley Pride, a dairy cooperative based in Virginia, US, is set to acquire an ice cream plant in Hagerstown, Maryland, for an undisclosed amount. The Hagerstown facility was owned by British-Dutch conglomerate Unilever. It produced Good ...
Tags: Ice Cream Plant, Food
Vestar Capital Partners has signed a definitive agreement to acquire a majority interest in the Roland Foods family of companies including Bruno Scheidt, American Roland Food, Pro Warehouse, and Costamar. Terms of the deal were not ...
Furi Electronics will be holding a shareholders’ meeting on Sept. 2 to decide on the company’s private investments to acquire 92.8% of MR LED Photoelectricity Co. stock shares. “If all goes well, the MR ...
Austrian oil and gas company OMV announced Monday a 2.65-billion-U.S. dollar acquisition of North Sea interests from Norwegian company Statoil, making it the largest industrial investment in Austrian history. In the deal expected to be ...
Tags: Gas Fields, North Sea Oil
Italian dairy firm Parmalat is in exclusive negotiations to acquire a stake in Brazil dairy group Lacteos do Brasil (LBR) for an undisclosed amount. LBR is a manufacturer of a wide range of dairy products including fresh milk, milk ...
Tags: dairy firm, Food