Nissan Motor has agreed to divest its 41% stake in Japanese auto parts firm Calsonic Kansei to private equity firm KKR for JPY498.3bn ($4.5bn). This deal is being regarded as one of the largest deals in Japan, particularly in the ...
Tags: Nissan Motor, KKR
A file photo of the headquarters of China Vanke in Shenzhen, Guangdong Province. [Photo: ifeng.com] China's biggest residential developer China Vanke is worrying that its shareholders are buying too much stake. Baoneng Group, a ...
Tags: Vanke, Baoneng Group, stake
Panasonic is reportedly considering to buy a stake in Ficosa International to expand its automotive parts business. Panasonic is considering to develop similar driver assistance systems that Ficosa makes and it is also aiming to jointly ...
Tags: Panasonic, Buy Stake, Accessories
Japan-based Daido Steel Co., Ltd has announced that it reached an agreement on July 9 to buy a 10 percent stake in Indian specialty steel producer Sunflag Iron and Steel Company Ltd for approximately JPY 1 billion ($9.87 million). ...
Tags: Daido Steel, Iron and Steel, Metallurgy, Mineral
Temasek, Singapore's state-owned investment company, has teamed up with China-focused private equity firm Hopu and three private investors to acquire $213m worth stake in infant milk formula producer Yashili International. The shares will ...
A subsidiary of National Materials Group (Sinoma) is buying a 59.1% stake in German mining equipment firm Hazemag & EPR for US$137m. The Chinese state-owned cement equipment manufacturer and cement producer made the announcement in a ...
Tags: mining equipment, cement equipment, cement, Construction
Japan-based Dai-ichi Life Insurance Company (DLI) has reportedly agreed to purchase a 40% stake in Indonesian life insurance company, Panin Life, a source familiar with the deal has revealed. The unidentified source was quoted by Reuters ...
Tags: Dai-ichi, Panin Life
UK-based Diageo will purchase 50% stake in a joint venture (JV), which owns United National Breweries' (UNB) traditional sorghum beer business in South Africa, for $36m. The remaining 50% will be owned by a company affiliated to Vijay ...
Tags: Diageo, joint venture, UNB, South Africa
Bloomberg reported that POSCO agreed to buy a stake in ArcelorMittal Mines Canada Inc. Mr Chung Jae Woong spokesman of POSCO said that POSCO hasn’t decided on the amount of stake it will purchase or for how much The Maeil Business ...
Tags: POSCO, ArcelorMittal Mines Canada, iron ore, company news
In the final week before the Christmas and New Year break, just-food published its review of the year, which included lists of our most-read content and featured an in-depth look at the M&A, retail trends, sustainability initiatives and ...
Tags: Agriculture, Food
Baoshan Iron and Steel Co will buy a 12.8% stake in a natural gas pipeline in China for CNY 8 billion The Shanghai based steelmaker, the listed unit of Baosteel Group Corp, will take the stake in the 5,220 kilometer pipeline project, ...
Tags: Baoshan Iron and Steel Co, natural gas, pipeline, steel
Norwegian seafood group Marine Harvest is to make a bid to buy 100% of salmon processor Morpol. Marine Harvest today (17 December) announced it had struck a deal to acquire 48.5% of Morpol for NOK937.6m (US$167m) and said it would launch ...
Tags: Marine Harvest, Salmon Firm Morpol, Norwegian seafood group, Food
The Renault-Nissan partnership is expected to sign $750m deal with Russia based OAO AVTOVAZ by next week, which would give 67.13% ownership of the company which manufactures Lada. Under the deal, Renault-Nissan would buy the stake held by ...
Tags: partnership, growing Russian car market, optimistic growth