Investment marks Abramovich's first in the telecoms market Chelsea football club (FC) owner Roman Abramovich has acquired a 23.3% stake in the UK based global mobile VoIP provider, Truphone for 70m, which values the firm at around 300m. ...
Tags: Abramovich, telecoms market, mobile VoIP
Thailand-based Sahaviriya Steel Industries Public Company Limited (SSI), the largest steel sheet producer in Southeast Asia, has announced that it has completed the sale of its shares in Thai Cold Rolled Steel Sheet Public Company Limited ...
Tags: Sahaviriya Steel, Steel Industries, Steel
Italy's Eni will spend a total of $1.445 billion to develop the Jangkrik North East offshore gas field in Indonesia's Muara Bakau block in the Makassar Strait, the head of Indonesia's upstream regulator SKK Migas said Friday. The ...
CJSC Investlesprom and Segezha Packaging Group have completed the purchase of the 20% minority shareholding in Italian company Sacchificio Tordera. According to Segezha, the management group now controls 100% of the business, which will ...
Iconix Brand Group, Inc. announced that it has acquired a 51% interest in the Buffalo David Bitton ("Buffalo") brand from Buffalo International ULC, owned by David Bitton and his brothers. To acquire the trademark, Iconix formed a new joint ...
Tags: Iconix Brand Group, Buffalo David Bitton, Buffalo International
National secretary of the Transport Workers' Union (TWU) Tony Sheldon said revelations from the Australian Competition and Consumer Commission (ACCC) that it did not investigate the impact the proposed Qantas/Emirates alliance will have on ...
Tags: Australia, flag carrier, Service
Going to the beach should be a relaxing trip, not a grueling expedition. Keep the plan simple with a convenient folding beach chair. A seaside essential Lightweight, durable, and portable, folding beach chairs are definitely on the list ...
Tags: Folding Beach Chairs, folding chair, folding furniture
US-based life insurer MetLife has inked a definitive agreement to purchase BBVA’s private pension fund administrator in Chile, AFP Provida (Provida), in a deal valued at almost $2bn. Based on the terms of the deal, the acquirer will ...
Tags: life insurer, underwriter, pension industry
The China Insurance Regulatory Commission (CIRC) has given its approval to the sale of HSBC’s remaining $7.4bn stake in Ping An Insurance to Charoen Pokphand Group (CP Group) in Thailand. CP Group's indirect wholly-owned ...
German automotive manufacturer Daimler has acquired 12% stake in the passenger car unit of its Chinese partner Beijing Automotive Group (BAIC) for $875m. The acquisition will help the company in expanding presence in the world's biggest ...
Tags: Daimler, automotive manufacturer, BAIC
Australia's National Offshore Petroleum Titles Administrator has offered the Shell-led Crux joint venture a five-year retention lease for production license AC/L9, located off the country's northwest coast. "The Crux JV will now ...
India-based Uttam Galva Steels Ltd, one of the largest producers of cold rolled steel and galvanized steel in western India, has announced that it has not received any proposals from the global steelmaker ArcelorMittal, a minority ...
Tags: Steels, cold rolled steel, galvanized steel
Canadian baker Canada Bread, in which Maple Leaf Foods has a 90% stake, has announced plans to close two bakeries, affecting around 120 jobs. The facilities are located in Grand Falls in New Brunswick and Edmonton in Alberta. The ...
Tags: Canada Bread, baker, Maple Leaf Foods
ORL is an Indian producer of special refractories and monolithics listed on the National Stock Exchange of India as well as the Bombay Stock Exchange. The selling shareholders that hold the largest stake of the 43.6% are the immediate ...
Tags: special refractories, monolithics, iron industry, steel industry
IBM has rolled out a tool it says can cull massive terabytes of data, including email — to help customers detect external attacks aimed at stealing sensitive information or insider threats that might reveal corporate secrets. The ...