Anheuser-Busch InBev (AB InBev) is merging its operations in Russia and Ukraine with Turkey's brewer, Anadolu Efes. The companies plan to merge their businesses in a 50-50 merger and create a new company to be known as AB InBev-Efes. ...
Viking Plastics has acquired Kentucky Manufacturing & Technology to expand into Southeast US and into new markets. Financial details about the transaction have not been disclosed. KMT is a manufacturer of high-precision, custom ...
The European Commission (EC) has approved the joint acquisition of Slaney Foods JV and Slaney Proteins by ABP Group and Fane Valley. The proposal for acquisition of the stake has been cleared unconditionally by Europe’s competition ...
Tags: EC, joint acquisition, ABP, Fane Valley
The South Korean firm has also signed a two-year agreement for exclusive rights for sale, marketing and distribution of Mattel products. Mattel has embarked on its plans to expand in the Asian market following its majority stake ...
Borosil Glass Works has entered primary pharma glass packaging business with the acquisition of 60.3% stake in India-based Klasspack. However, financial terms of the deal were not disclosed. For the ownership stake acquisition in ...
Dutch dairy company Royal FrieslandCampina is planning to acquire 51% stake in Pakistani-based Engro Foods for $460m. The European dairy company has approached the Pakistan company to buy around 391 million shares from its parent company ...
Arbor Investments has acquired majority equity stake in California-based DPI Specialty Foods from Ireland-based Ornua Co-operative Limited. DPI sells gourmet, organic, ethnic foods to national, regional, independent retailers, ...
Tags: Arbor, DPI Specialty Foods, dairy products
Areva and China National Nuclear Corp, or CNNC, signed a memorandum of understanding in Beijing Monday involving the "possible" acquisition of a minority stake by CNNC in the French nuclear company's capital, Areva said in a statement. ...
US-based beverage company Iconic Brands has acquired a majority stake in BiVi, a distributor of premium Sicilian Vodka. With this deal, Iconic is aiming to focus on the premium spirits market. The firm believes that BiVi acquisition is ...
Tags: Iconic Brands, beverage
Indian steelmaker JSW Steel has announced that it has acquired a further equity stake in Punjab-based Vallabh Tinplate Pvt Ltd (VTPL), raising its stake to 50 percent. As SteelOrbis previously reported, in early April JSW Steel completed ...
Tags: Metallurgy, Mineral, Energy, Tinplate
Without Taiwan's Investment Commission approval, Taiwanese LED manufacturer FOREPI's and Chinese manufacturer San'an Optoelectronics' (San'an) ownership stake acquisition deal was thwarted. FOREPI's board of directors approved San'an as a ...
Coca-Cola FEMSA has finalized the acquisition of 51% of Coca-Cola Bottlers Philippines (CCBPI) from the Coca-Cola Company for $689m. According to Coca-Cola FEMSA, the franchise bottler of Coca-Cola, purchase price represents an aggregate ...
Tags: franchise bottler, Coca Cola, bottler
Denmark based AP Moller Maersk Group, one of the largest port operators in the world, has emerged as the frontrunner to acquire a significant stake to be offloaded by Infrastructure major, Larsen and Toubro at Dhamra Port located in Orissa. ...
Tags: AP Moller Maersk Group, port operator, acquisition, infrastructure
US Securities and Exchange Commission (SEC) has charged Michael Van Gilder, the CEO of Van Gilder Insurance Company over his alleged role in insider trading during the stake acquisition of Delta Petroleum by Tracinda. The market watch dog ...
Tags: SEC, charged, insurance, insider trading, purchase