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PSA Group Completes Acquisition of GM's Opel, Vauxhall Brands
Aug 3, 2017French automaker PSA Group (Groupe PSA) has completed the acquisition of General Motors' (GM) European brands Opel and Vauxhall. With the acquisition now being officially complete, PSA Group has become the second largest automaker in ...
Tags: PSA Group, General Motor
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RiceBran Technologies Terminates Alothon's Roll-up Rights From Nutra
Apr 12, 2017RiceBran Technologies has signed an agreement with Alothon Group, its minority co-investor in Nutra, that terminated Alothon's roll-up rights, a process that would have let Alothon to exchange its equity position in Nutra for an equivalent ...
Tags: RiceBran, Roll-up Rights
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China Mengniu Dairy to Acquire Modern Dairy for $826m
Jan 10, 2017China Mengniu Dairy has agreed to acquire China Modern Dairy (CMD) for HK$6.4bn ($826m) to consolidate its position in the high-end dairy products sector. As part of the deal, China Mengniu will buy 965.47 million shares in CMD from a ...
Tags: Mengniu Dairy, Dairy
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First Quarter 2012 Results and Interim Dividend Announcement
Dec 8, 2016First quarter 2012 results webcastsRoyal Dutch Shell Chief Executive Officer Peter Voser commented: “We are making good progress against our targets to deliver a more competitive performance. Our profits pay for Shell’s ...
Tags: Shell, good progress, new energy projects
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Ebro's Turnover up More Than 16% to EUR 2.4bn
Aug 30, 2016The net turnover of the Ebro Group grew by 16.1% year on year in 2015, rising to €2462m (€2.4bn). The EBITDA, or gross operating profit, was considerably better than year-end projections, closing at €314.8 million, up 9.6% ...
Tags: Ebro Group, net turnover, EBITDA
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BMW Q2 Profit Increases on Record Sales
Aug 4, 2016BMW has reported a 11% increase in its profits for the second quarter of this year due to strong sales of its three car brands. The net profit for the period between April and June end was €1.94bn, compared to €1.74bn for the ...
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TriMas Reports Second Quarter 2016 Results
Aug 3, 2016TriMas announced financial results for the quarter ended 30 June 2016. The Company reported second quarter net sales from continuing operations of $203.3 million, a decrease of 9.6% compared to second quarter 2015. The Company reported ...
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Volkswagen Plans Major Electrification Initiative
Jun 20, 2016Volkswagen has adopted a new strategy to become a lead in sustainable mobility by bringing out more than 30 new e-vehicles by 2025. In order to achieve these goals, the Board of Management - with the approval of the Supervisory Board - ...
Tags: Volkswagen, pact for the future, BEVS
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Primary Opinion Acquires 48% Stake in Maggi Beer for $15m
May 11, 2016Marketing technology company Primary Opinion has acquired 48% stake in Australian food company Maggi Beer Products for $15m. The stake sale comes after the food producer Maggi Beer cancelled its plans to issue a public offer. Of the ...
Tags: Primary Opinion, Maggi Beer
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Tyson Foods Makes Progress in Transition
Apr 6, 2016Tyson Foods has made significant progress in its transition from a protein producer to a branded, value-added food company with stronger, more stable earnings, company executives told investors at the Consumer Analyst Group of Europe annual ...
Tags: Tyson Foods, Protein producer
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Adidas Fourth-Quarter Loss Narrows, Offers Bullish Outlook
Mar 13, 2016Adidas Group reported a narrower loss in the fourth quarter as gross margins expanded and currency-neutral sales jumped 12 percent, driven by accelerated momentum at both Adidas and Reebok. On a currency-neutral basis, sales grew 16 percent ...
Tags: Adidas Group, Reebok
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Foot Locker's Q2 Profits Climb on 9.6 Percent Comp Gain
Aug 25, 2015Foot Locker Inc. reported net income for the company's second quarter ended August 1, 2015 was $119 million, or 84 cents per share, compared with net income of $92 million, or 63 cents per share, last year, a 33 percent increase on a ...
Tags: Foot Locker, athletic industry
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Global Semiconductor Laser Market to Rise of 7.1% From $4.8bn in 2013 to $7.7bn by 2020
Jul 27, 2015The global semiconductor laser market will rise at a compound annual growth rate (CAGR) of 7.1% from $4.8bn in 2013 to $7.7bn by 2020, forecasts a report 'Semiconductor Lasers Market - Global Industry Analysis, Size, Share, Growth, Trends ...
Tags: electronics, semiconductor, Laser diodes
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Haiti's Apparel Sector Has Just Got a Shot in The Arm
Jul 20, 2015Haiti’s apparel sector has just got a shot in the arm. The International Finance Corporation (IFC), a member of the World Bank Group, has decided to invest $4 million to help The Willbes Haitian S.A., a subsidiary of South Korea-based ...
Tags: apparel manufacture, IFC, knits, sweaters, woven products, microfibers
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Businesses Are Paying Their Invoices at The Fastest Rate on Record
Jun 18, 2015Despite an Australian economy growing at a moderate 2.3 per cent according to March quarter figures released by the ABS this month, the latest data on trade payments reveals that businesses are paying their invoices at the fastest rate on ...
Tags: Australian economy, payment times
