Icahn Enterprises has announced its plans to acquire automotive service provider Pep Boys-Manny Moe & Jack for $1bn. The deal was announced after Japanese tire maker Bridgestone quit the race to acquire the company by announcing that ...
Tags: Pep Boys, automotive service
SteelFab is the region’s best trade platform that consistently brings cutting-edge technology from across the world on a single platform. For over a decade, the region’s steel fabrication and metal working industry ...
Tags: Footprints
China's central bank on Tuesday pumped the biggest amount of funds since September into the financial system in open market operations in an effort to ease a liquidity strain. The People's Bank of China (PBOC) conducted seven-day reverse ...
It's being reported Hon Hai Precision Industry, aka Foxconn, may be prepared to spend around 2.5 billion U.S. dollars to acquire Sharp Electronics. The proposed price is said to be about 50 percent higher than Sharp's current market ...
China is set to stop construction of public rental houses and renovate 6 million run-down urban houses in 2016. The program is a crucial way of providing low-income urban residents with affordable housing. Minister of Housing and ...
Tags: Renovate, Run-down Houses
Broadband wireless and wireline communications component maker Anadigics Inc of Warren, NJ, USA says that affiliates of GaAs Labs LLC has raised its offer to acquire the firm from $0.35 per share in cash (announced on 11 November) to $0.48 ...
Finnish disposable packaging manufacturer Huhtamki has agreed to acquire Fiomo, a multi-layer flexible packaging foils producer in Czech Republic. The transaction, which is expected to be finalized in early 2016, is valued at around 28m. ...
US based auto parts maker LKQ has entered into an agreement to acquire Rhiag-Inter Auto Parts for €1.04bn to expand its presence in European market. Rhiag-Inter Auto Parts is pan-European business-to-business distributor of ...
Tags: LKQ, Rhiag-Inter Auto Parts, Auto
Belgium-based brewing company Anheuser-Busch has agreed to acquire Colorado-based Breckenridge Brewery, to expand its craft beer portfolio. Upon completion of the acquisition process, Breckenridge Brewery will become the seventh craft ...
Tags: Anheuser-Busch, Breckenridge Brewery, Food
Cooke Seafood Group has initiated an offer to acquire Uruguayan seafood company Fripur S.A. Cooke's exclusive investment banking advisor for the deal is Antarctica Advisors. The acquisition offer was in line with the Court's ...
Tags: Cooke Seafood Group, Fripur S.A., Food
Belgium brewer Anheuser-Busch will acquire Arizona-based craft brewer Four Peaks Brewing Company, in an effort to expand its portfolio of craft breweries. Following the acquisition, Four Peaks brewery will continue to brew all of its ...
Tags: Anheuser-Busch, beers, Food
Panasonic Corporation has acquired Hussmann Corporation, a Missouri-based manufacturer of refrigerated display cases and systems. Panasonic has signed an agreement with Hussmann Parent Inc., the Delaware-based parent of Hussmann, and ...
China's largest oil refiner Sinopec has completed a deal to acquire a 10 percent share of Russia's largest gas processing company Sibur. Under the deal, Sinopec will have the right to nominate a representative to Sibur's board of ...
Tags: Sinopec, Russia's Sibur
Tsinghua Unigroup of mainland China announced on Dec. 11 to acquire a 24.9 percent holding in Siliconware Precision Industries Co., Ltd. (SPIL) and a 25 percent stake in ChipMOS Technologies (Bermuda) Ltd. for total cost of NT$68.8 billion ...
Tags: Tsinghua Unigroup, semiconductor, Processing Machinery
Broadband wireless and wireline communications component maker Anadigics Inc of Warren, NJ, USA says that its board of directors, after consultation with its financial and legal advisors, has unanimously determined that an offer from a ...