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Pritzker Group Acquires Flexible Packaging Firm Proampac

Nov 24, 2016

Pritzker Group Private Capital has completed the acquisition of US-based flexible packaging company ProAmpac from private equity firm Wellspring Capital Management. Financial terms of the deal, which was signed in October 2016, were ...

Tags: flexible packaging, Pritzker

Pritzker to Acquire Flexible Packaging Manufacturer ProAmpac

Oct 24, 2016

Pritzker Group Private Capital has agreed to acquire flexible packaging company ProAmpac from private equity firm Wellspring Capital Management for undisclosed amount. ProAmpac, which operates under Prolamina, Ampac and Tulsack brands, ...

Tags: Pritzker, ProAmpac

FIAT Plans to Spin off Its Luxury Sports Car Maker Ferrari and List The Shares

Nov 11, 2014

Fiat is planning to fund $61bn over the next five years to turn Maserati and Alfa Romeo into global brands and spin off its luxury sports car maker Ferrari and list the shares. The company is considering to issue $2.5bn convertible bonds ...

Tags: treasury shares, Italian heritage, Auto

Mothercare to Raise Some £100 Million Through a Rights Issue

Sep 26, 2014

Mothercare plc, the largest UK specialist retailer in its segment, said it will raise some £100 million through a rights issue and which will be £95 million, net of expenses. The rights issue is a fully underwritten 9 for 10 ...

Tags: Mothercare

Investcorp Announces Its Agreement to Acquire SPGPrints Group B.V

Aug 12, 2014

Investcorp, a global provider and manager of alternative investment products, announces its agreement to acquire SPGPrints Group B.V. ("SPGPrints" or the "Company") from funds managed by Bencis Capital Partners for an enterprise value of ...

Tags: Investcorp, Acquire, Textile

Aixtron SE Has Reported a 20% Drop in Revenue From 2012's €227.8m to €182.9m

Mar 5, 2014

For full-year 2013, deposition equipment maker Aixtron SE of Aachen, Germany has reported a 20% drop in revenue from 2012’s €227.8m to €182.9m. However, although down 34% on €77.5m a year ago, fourth-quarter revenue was ...

Tags: Aixtron MOCVD, deposition equipment

Our Focus Should Be on Team Building and Knowledge Sharing

Dec 19, 2013

Admitting that India was witnessing mild erosion in its political environment and even cultural values, a question that one needs to ask is "How can we be the best human beings?" noted Inder Jasinghani, CMD, Polycab Wires Pvt Ltd, stressing ...

Tags: Electrical, Electronics

The Result of The First Nine Months Are Reported by Volkswagen

Nov 4, 2013

The Volkswagen Group reported a solid performance in the first nine months of fiscal year 2013, despite the ongoing difficult market environment. Including China, Group deliveries increased by 4.8 percent to 7.2 million vehicles worldwide. ...

Tags: Volkswagen Group, Automotive Division

ZTE Corporation South Africa Affiliated to Invite New Shareholders to Boost Capital Base

Sep 16, 2013

ZTE Corporation (SEHK: 0763 and SZSE: 000063) revealed that ZTE Corporation South Africa (Proprietary) Limited affiliated to wholly owned ZTE (Hong Kong) Ltd. planned to invite new shareholders to boost capital base, in which ZTE (Hong ...

Tags: ZTE, Electrical, Electronics

The BBC Is to Abandon a £98m Digital Production System

May 28, 2013

The BBC is to abandon a £98m digital production system and suspend its chief technology officer (CTO), John Linwood, after the organisation's chief executive Tony Hall said it had "wasted a huge amount of licence fee payers' money". ...

Tags: BBC, IT Project, CTO John Linwood

RBS Is Intending to Dispose of 15.3% Shares in Its Motor Insurance Startup

Mar 14, 2013

The Royal Bank of Scotland Group (RBS) is intending to dispose of 15.3% shares in its motor insurance startup, to boost its capital base ahead of regulators’ deadline. Representing nearly 229.4 million shares, the share sale will be ...

Tags: RBS, shares, motor insurance startup

The Caribbean cement company (Caribbean) has increased prices by an average of 16.5%

Dec 28, 2012

Faced with a pending debt payment at the end of March, Caribbean Cement Company (Carib) has increased the prices by an average 16.5 per cent. Having already implemented a 9.2 per cent price increase in June, the manufacturer should see ...

Tags: debt payment, domestic sales, revenue, new terms, Carib

Rashtriya Ispat Nigam Limited Decided to Initiate a Slew of Financial Measures

Dec 27, 2012

Press Trust of India reported that Rashtriya Ispat Nigam Limited has decided to initiate a slew of financial restructuring measures and merge a subsidiary with itself for better valuation during disinvestment. Indian steel minister Mr ...

Tags: steel, financial restructuring, financial, reserves

The Three Major Lenders Are Krung Thai Bank

Dec 12, 2012

Bangkok Post reported that a debt of THB 43 billion owed by Thailand's largest hot rolled coil steelmaker, Sahaviriya Steel Industries is placing pressure on its major lenders' share prices. The three major lenders are Krung Thai Bank, ...

Tags: debt loan, hot rolled steel, steel coil, steel industry

Aviva Is Gearing up to Dispose More Than Half Its Remaining Shareholding in Delta Lloyd

Dec 6, 2012

Aviva is gearing up to dispose more than half its remaining shareholding in Delta Lloyd, the Dutch insurer, in an strategy of its restucturing plan. The UK insurance major said nearly 37 million shares will be disposed at €10.75 a ...

Tags: Aviva, insurance, shareholding, Dutch insurer

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