The sale of BlackBerry is in danger of descending into a dismemberment as the buyers that have so far indicated an interest in the company are only interested in purchasing parts of the smartphone maker. According to Reuters, interest in ...
Tags: Blackberry, Computer Products, smartphone
Malaysia-based diversified financial conglomerate CIMB Group is seriously exploring options to divest certain stake in Indonesian life-insurance joint venture (JV), PT CIMB Sun Life, to leverage growth opportunities in Southeast Asia. ...
Tags: Life-Insurance, CIMB Mulls
Equistone Partners Europe, a private equity firm, has acquired a majority stake in Whitworths, a UK-based supplier of dried fruit, nut and seed products, from European Capital in a deal which valued the company at £90m. Whitworths, ...
Tags: Whitworths, Equistone Partners
Philippine conglomerate San Miguel is looking at options to sell about 25% stake in its food business, San Miguel Pure Foods until 2014, in an effort to raise funds for expansion of the group’s operations. San Miguel president Ramon ...
Tags: Food Unit, San Miguel
Bector’s Food, an Indian-based biscuits, bakery products and condiments manufacturer, is evaluating plans to sell majority stake in its biscuit business and is currently in preliminary talks with private equity investors. The ...
Tags: Bector's Food, Biscuits
After years of growth, LED industries have entered into the fast lane for development. This year however has been particularly special for lighting giant Philips. After adjusting market channels, WPG Holding has come out on top from other ...
Tags: LED lighting, Lights, Lighting
China Eastern Airlines Group, parent of leading Chinese airline China Eastern Airlines Corp. Ltd. (SHSE: 600115 and SEHK: 0670), plans to quit Cathay Life Insurance Co., Ltd. It put a 50 percent stake in the 50-50 joint venture with ...
Tags: Service
The State-owned Assets Supervision and Administration Commission (SASAC) of China in principle approved Chongqing Brewery Group to accept the tender offer of buying 96.79 million shares or a 20% stake the group holds in Chongqing Brewery ...
Tags: Chongqing Brewery, Food
Trafigura and Abu Dhabi's sovereign fund Mubadala Development announced that they signed a memorandum of understanding (MoU) with Brazilian miner MMX for buying the company's majority stake of the company's Superporto Sudeste port. The ...
Tags: Construction, steel
Russian state gas firm OAO Gazprom (GAZP.RS) said Monday it will close an asset-swap deal with BASF SE (BAS.XE) in 2014, a year later than planned. Gazprom agreed in November last year to give BASF two stakes in a West Siberia gas field ...
World Bank Group member International Finance Corporation (IFC) has acquired 2.93% stake in Brazilian meat packing company Minerva, for BRL46.9m ($20.5m). IFC is also providing BRL137.7m ($60.3m) in loan to Minerva, which will use the ...
Tags: Meat Firm Minerva
Leading Chinese insulin producer Gan & Lee Pharmaceuticals is brought under the limelight due to a bribery scandal. People in the know disclosed in an interview on September 9 that it was established in Beijing in 1998 and as the sole ...
V V Food & Beverage (SHSE: 600300), buying 51% of Zhijiang Liquor at CNY 348 million in 2009, will re-spend CNY 240 million buying a 20% stake in the latter from four veterans to lift its holding to 71%. Meanwhile, other three veterans ...
Apple just can’t keep a secret these days. “There’s been a thorough leaking of Apple’s most likely plans,” said Ezra Gottheil, an analyst with Technology Business Research (TBI), on what Apple will unveil ...
Tags: iPhone 5C, Electronics
Lee Biing-jye, chairman of Taiwan-based LED epitaxial wafer and chip maker Epistar, has indicated he does not object to partnerships or technology transfers between Taiwan- and China-based LED makers because Taiwan's LED industry should be ...
Tags: LED Makers, Epistar