The London-listed SABMiller has agreed to sell itself to Belgium-based brewer Anheuser-Busch InBev for $104bn (£68bn). While AB InBev is the world's biggest brewer, SABMiller is its competitor. The boards of the two companies said ...
Taiwanese LED manufacturers revenue performance continued to wane in August, according to Pingan Securities. Revenue performances downed both annually and on a monthly basis, according to statistics released by Taiwanese companies. The ...
Tags: August, LED revenue, Taiwanese market
Leading LED chip manufacturer Epistar’s has raised the number of job cuts from the previously announced 65 to about 180, reported UDN. Job cuts at the company’s factories in northern Taiwan’s Hsinchu Science Park will ...
Tags: Epistar, business strategy, layoff
The scale of China’s LED package market is projected to expand 16% year on year to RMB 61.4 billion in 2015, according to the latest Chinese LED Industry Market Report by LEDinside, a division of TrendForce. The growth of Chinese LED ...
Tags: led, package, acquisitions
UBS forecasted oversupply situation in the LED industry will continue into 2016, while sliding LED prices will nullify growing shipment volume advantages, according to a Chinese-language Commercial Times report. These projected market ...
Tags: Epistar, Everlight, UBS ratings
Chinese sapphire maker Aurora announced last week, it would be investing RMB 40 million (US $6.32 million) in a new investment management arm to integrate investments in the sapphire supply chain, according to a report from China Securities ...
Tags: sapphire, Aurora, sapphire ingot
Due to the continued rapid growth in Europe, Penn Color will double its capacity to manufacture color and additive masterbatches for the thermoplastic industry at its Venray, Netherlands location. In order to accommodate the new equipment, ...
Tags: Penn Color, thermoplastic industry, colorant
Singapore-based commodity major Olam International is keen to make acquisitions of up to SGD$2.72bn ($1.4bn) as it plans to benefit from the dip in prices of agricultural commodities. Olam CEO Sunny Verghese was quoted by Bloomberg as ...
Tags: Olam, agricultural commodities, cocoa, nuts, wheat
Premier Li Keqiang has encouraged State-owned enterprises to play a key role in the drive by the nation's industries to "go global", and make the most of their financial and technological advantages as they step up their international ...
Tags: nation's industries, economy
Anheuser-Busch InBev is exploring the acquisition of competitor SABMiller, a deal that would lead to a $275bn merged entity which would produce one out of every three beers globally. If the deal goes through, it would be one of the six ...
Tags: Anheuser-Busch InBev, SABMiller, beer
GigOptix Inc of San Jose, CA, USA (a fabless supplier of analog semiconductor and optical communications components for fiber-optic and wireless networks) says that the underwriters in its public offering, (announced on 21 August) have - ...
Tags: GigOptix, analog semiconductor
Hybrid packaging supplier Berlin Packaging has acquired rigid packaging supplier Vivid Packaging, which has its business networks spread across 25 states in the US as well as Canada and Mexico. With this, Berlin Packaging has completed ...
Tags: Hybrid packaging, Berlin Packaging, USCC
China issued a notice Monday encouraging mergers, cash bonuses and share repurchases by listed companies as part of its efforts to push forward reforms of state-owned enterprises and promote the steady and healthy development of the capital ...
Tags: Cash Bonuses, Share Buybacks
The Valspar Corporation has reported fiscal third quarter 2015 net sales of $1.15 billion, a decrease of 7 percent over the prior year. Total volume was flat as growth in the Coatings segment was offset by the expected decline in the Paints ...
Tags: Valspar, Paints segment
Hearthside Food Solutions is investing in the US and Europe to increase its bar production, under two separate agreements. The company will acquire VSI, a producer of nutrition, diet, and functional bars in Europe, as well as a ...
Tags: functional bars, Hearthside Food