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Centerbridge Partners Acquires Industrial Container Services
May 2, 2017ICSH Parent, the parent company of Industrial Container Services, has announced that it has been acquired by funds advised by Centerbridge Partners, a leading private investment firm. Prior to this transaction, ICS was owned by affiliates ...
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SpartanNash to Buy Caito Foods Service for $217.5m
Nov 10, 2016SpartanNash has agreed to acquire certain assets of Indianapolis based Caito Foods Service and its Blue Ribbon Transport (BRT) logistic operations for approximately $217.5m. Additionally, SpartanNash will bear certain transaction costs ...
Tags: SpartanNash, Caito Foods
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Crestview Partners to Acquire Accuride
Sep 7, 2016Crestview Partners has agreed to acquire Accuride, which supplies components to the North American and European commercial vehicle industries. Crestview Partners is a New York based private equity firm, which will acquire Accuride for ...
Tags: Crestview Partners, Accuride, acqusition
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Deutsche Bank Sells 20% Hua Xia Stake
Dec 31, 2015Germany's biggest lender, Deutsche Bank, has agreed to sell its nearly 20-percent stake in Chinese bank Hua Xia for around 3.3 billion U.S. dollars to PICC Property and Casualty Company. The sale still has to be given the ...
Tags: Deutsche Bank, Hua Xia Stake
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Deutsche Bank to Sell 20 Pct Hua Xia Stake
Dec 29, 2015Deutsche Bank has agreed to sell its 20-percent stake in China's Hua Xia Bank to PICC Property and Casualty Co. for over 3.3 billion US dollars. Germany's biggest lender says the completion of the transaction will be subject to customary ...
Tags: Deutsche Bank, Hua Xia Stake
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Plessey Named 2015 Company of The Year by The NMI
Nov 27, 2015At an annual awards ceremony in London attended by more than 350 guests from the UK electronic systems industry, UK-based Plessey has been named Company of the Year by the NMI (National Microelectronics Institute), the industry trade body ...
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India Emerges as Key PV Market
Nov 5, 2015Analysts at the consultancy company IHS are predicting a 25 per cent rise in global demand for photovoltaics in 2015, with the emergence of the Indian market set to contribute strongly for the first time. “While 2014 remained a ...
Tags: PV Market, solar panels, solar PV
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Plessey Wins GBP 30m Backing from Deutsche Bank for LED Production Expansion
Oct 14, 2015Plessey announced today that it is to carry out a major expansion of the company’s LED manufacturing facility in Plymouth, England, after securing a GBP 30 million ($50 million) loan from Deutsche Bank AG to finance the expansion. ...
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The Commerce and Industry Ministry Has Launched The Facility for Online Payment
Jul 13, 2015The commerce and industry ministry has launched the facility for online payment of application fees through credit or debit cards and other electronic fund transfers, according to a government statement. The facility of online payment was ...
Tags: textile manufacture, DGFT
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China's Next Generation of Industry - Industry 4.0
Jun 11, 2015A new fund that focuses on developing China's next generation of industry - so-called Industry 4.0 - through investment in German small and medium-sized enterprises (SMEs) will soon have its initial $1 billion raised, its founder says. ...
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O-I Is Buying Mexican Company Vitro's Food and Beverage Glass Container Business
May 18, 2015Glass container manufacturer Owens-Illinois (O-I) is buying Mexican company Vitro's food and beverage glass container business for around $2.15bn, to gain a competitive position in the Mexican glass packaging market. O-I will acquire ...
Tags: Owens-Illinois, Glass Container, Packaging
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Tesco Will Show Worst Results in Its History
Apr 28, 2015The grocer is predicted to unveil a loss of up to £5bn in its full year results this Wednesday. Tesco is expected to reveal its worst results in history with full-year results unveiling a loss of £5bn on Wednesday. It is ...
Tags: Tesco, Tesco grocer
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International Paper Bids Over Eur 8.1bn for Irish Packaging Giant Smurfit Kappa
Apr 14, 2015US-based paper packaging company International Paper is said to be exploring a takeover bid of over €8.1bn for Irish packaging giant Smurfit Kappa. Sky News quoted a source as saying that International Paper was considering an ...
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Axalta Coating Systems Ltd. Upsized Its Secondary Offering
Apr 3, 2015Axalta Coating Systems Ltd. has priced and upsized its secondary offering from 35,000,000 to 40,000,000 of its common shares at $28.00 per share. All of the shares are being offered by certain affiliates of The Carlyle Group (the ...
Tags: Axalta, common shares, Construction
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Axalta Kicks off Secondary Offering
Apr 2, 2015Axalta Coating Systems Ltd. has commenced a secondary offering of 35,000,000 common shares. The shares will be offered by certain affiliates of The Carlyle Group (the “selling shareholders”). The offering is being made pursuant ...
