Sainsbury's has confirmed that it will proceed with its offer for Home Retail Group (HRG), owner of Argos, and is "pleased" by last Friday's turn of events, which saw rival bidder Steinhoff international abandon pursuit in favour of ...
Tags: Sainsbury's, HRG, Argos
Venture capital (VC) firm Sequoia Capital has invested in a craft beer brand Bira 91, which aims to capture the growing demand for craft beer in the urban market of India. Venture capital (VC) firm Sequoia Capital has invested in a ...
Tags: Craft Beer, urban market
India-based United Breweries Group is seeking a buyer for its residual 4% stake in United Spirits worth Rs 22bn ($331m) to repay its loans. The development may also see its chairman Vijay Mallya quit his position in United Spirits by ...
Tags: UB Group, United Spirits
Dutch brewing company Heineken is planning to fully acquire United Breweries (UB), an India-based conglomerate with a major focus on the brewery (beer) and alcoholic beverages industry, for undisclosed amount. The Dutch brewer currently ...
Tags: Heineken, alcoholic beverages, beer
Diageo-owned Indian alcoholic beverages subsidiary United Spirits has secured minority shareholders' approval to produce and sell Johnnie Walker whisky, Smirnoff vodka and other brands. The Press Trust of India reported that United ...
Tags: whisky, alcoholic beverages, Agriculture
Marks and Spencer Group plc (M&S), one of the leading British multinational retailers, has appointed Helen Weir CBE to its Board as its Chief Finance Officer (CFO). Helen is currently the CFO at the John Lewis Partnership. She joined John ...
Tags: multinational retailers, Apparel
The annual 2014 Specsavers everywoman in Retail Ambassadors have recently been announced at a ceremony in central London attended by Dame Mary Perkins and several hundred leading business figures representing over 50 retail brands. Twelve ...
Tags: Specsavers Everywoman, Furniture
Working with Kingfisher and IKEA, the two year initiative of the three founding members, Kingfisher, Tetra Pak, and IKEA aims to develop a methodology to analyse the impact of FSC certification, enabling businesses to understand what value ...
Tags: Tetra Pak, FSC Impact
The World Bank will fund infrastructure projects worth $245 million to revamp facilities in Uganda's Albertine oil region, ahead of first oil production in the country, Uganda's President Yoweri Museveni said in a statement Thursday. ...
Tags: Infrastructure Funds, Oil
The Ugandan government has signed a long awaited deal with UK-based Tullow Oil, Total and China National Offshore Oil Corp, to develop its oil sector, paving the way for the country's first commercial crude production. The pact details ...
Tags: Oil Development, Mineral
Ever since, um, stuff happened at Willow Garage about a year ago, there's been some question as to the fate of the 40 or so PR2s out there and those still in stock (yes, they're still for sale). It's not difficult to imagine that existing ...
Tags: PR2, Clearpath Robotics, PR2 support, Willow Garage
Heritage Oil Plc ("Heritage" or the "Company") (TSX:HOC)(LSE:HOIL), an independent upstream exploration and production company provides an operational update, that includes unaudited information and may be subject to further review. ...
Tags: Heritage, operational update, unaudited information, further review
Gastar Exploration, Inc. ("Gastar") (NYSE MKT: GST) announced today that its subsidiary, Gastar Exploration USA, Inc. ("Gastar USA"), closed its acquisition of Mid-Continent assets from Lime Rock Resources II-A, L.P. and Lime Rock Resources ...
Tags: Gastar Exploration, close, mid-continent, acquisition, million, senior
Gastar Exploration, Inc. ("Gastar") (NYSE MKT: GST) today announced that the Mid-Con 6H well in its Hunton Limestone oil play reached a peak 24-hour gross initial production ("IP") rate of 1,442 barrels of oil equivalent ("BOE") per day and ...
Tags: Gastar Exploration, Mid-Con, 6H, well, Hunton Limestone, oil
The British DIY store firm Kingfisher has revealed that it is in talks about buying two large DIY branches in Turkey that are currently owned by the German DIY group Praktiker. Kingfisher's Turkish subsidiary Koctas JV is to buy these ...
Tags: Construction, Decoration, DIY