OpSec Security has started negotiations to acquire the security business of API Holographics, which primarily serves the UK market. API Group plans to complete the divestment process by April, after consulting with the employees, ...
Tags: OpSec, Aquisition, API Holographics, API Group
Swedish speciality steel producer SSAB has announced that the European Commision has approved its merger with Finland-based steelmaker Ruukki. The offer period for the merger is scheduled to expire on July 22. The Commission had concerns ...
Tags: SSAB, Ruukki, Metallurgy, Mineral
AR Packaging Group has canceled the divestment process owing to the failed sale of the tobacco business. Earlier in November 2013, the company had signed agreements to divest all its businesses that consist of tobacco, specialties and ...
Tags: AR Packaging, Divestment Process
Mika Seitorvita, CEO of Finnish steelmaker Outokumpu, has stated that the bids received so far for its Italian asset Acciai Speciali Terni (AST) do not meet the expectations of the Finnish company. "The bids Outokumpu has received so far ...
Tags: Italy, steelmaking, Outokumpu, European Union, Brescia
Dutch financial conglomerate ING has agreed to dispose of its 26% stake in Indian joint venture (JV), ING Vysya Life Insurance Company, to its partner Exide Industries, for an undisclosed sum. As part of a previously disclosed divestment ...
New Zealand Aluminium Smelters has confirmed it has completed its plan to reduce the size of its organization by 100 roles but it is still losing money and further cuts are expected. A spokesman for Pacific Aluminium said that the Rio ...
Tags: aluminium extrudé, aluminium extrusion, job new zealand
Dutch organic food specialist Wessanen has seen its second-quarter profits slide as a result of lower sales volumes and higher marketing spend. The company today (25 July) booked net profits of EUR3.1m (US$3.8m) in the quarter, down from ...
Tags: Wessanen, second quarter profit, marketing spend, sales volume