Henkel successfully completed the refinancing and amendment of two credit facilities with a total amount of 1,500 million euros. The transaction includes the replacement of the company's 700 million euros revolving credit facility with a ...
Tags: Henkel, refinancing, credit facilities
Due to its strong growth GARDEUR GmbH will be restructuring the external sales force for its premium trouser brand Thomas Rath Trousers in December. For the region of Northern Germany the trouser specialist has brought C.C.C. Modevertrieb ...
Tags: Apparel
China will adjust some of its customs duties on Jan. 1, 2014 to aid economic restructuring and achieve balanced trade growth, the Ministry of Finance said on Wednesday. Tariffs on some 760 imported commodities will be lowered by an ...
Tags: Customs Duties, Tariffs
China's exports handily beat forecasts in November, adding to recent evidence of a stabilization in the world's second-largest economy as its leaders embark on an ambitious restructuring plan. Exports rose 12.7 percent from a year ...
Suntech Power Holdings has announced that on November 14, 2013, liquidators passed a sole shareholder's resolution placing Power Solar System (PSS), an immediate subsidiary of the company, into liquidation pursuant to the Insolvency Act of ...
Tags: Suntech, Power Solar System
The best scenario for the Chinese economy in 2014 would be to achieve 7.8 percent GDP growth, a major think tank said on Monday. That could be obtained if all the recently proposed reform initiatives are carried out and the global market ...
Fifth & Pacific Companies, Inc. announced that it has entered into a definitive agreement to sell Lucky Brand Jeans to an affiliate of Leonard Green & Partners, L.P. (LGP) for total consideration of $225 million, with $140 million of the ...
Tags: Fifth&Pacific, Lucky Jeans
China's coal output and sales for the past 10 months are stabilizing, with the price of coal rising, according to the China National Coal Association (CNCA). National coal production slipped 0.3 percent year-on-year for the past 10 ...
Tags: Coal, Metallurgy, Mineral, Energy
As the EU begins to impose punitive tariffs on Friday on a number of Chinese solar exports, the world's largest solar market, which once fueled China's wild solar expansion, is now behind the industry's slim-down. The dust has finally ...
Tags: Metallurgy, Mineral, Energy, solar
China's iron ore imports have been decelerating since 2011, and that trend is set to continue next year with estimated growth of 6.25 percent, said an industry expert on Friday. China will import 850 million metric tons of iron ore in ...
Tags: Iron Ore, Metallurgy, Mineral
China is estimated to have added 10 gigawatts (GW) of installed photovoltaic (PV) power capacity in 2013, including 7 GW from PV power stations and 3 GW from distributed PV power projects, an energy official told Xinhua on Thursday. Liang ...
Tags: Solar Capacity, Energy
General Motors will pull Chevrolet from Europe by the end of 2015 as the US-based automotive giant attempts to turn around its embattled European operations. GM confirmed its decision to axe Chevrolet as a mainstream brand in Western and ...
Tags: Chevrolet, General Motors
Christopher & Banks Corporation, a specialty women’s apparel retailer, reported results for the thirteen week period ended November 2, 2013. Same-store sales increased 4.9%, as compared to the thirteen weeks ended November 3, 2012; ...
Tags: Christopher&Banks, women's apparel
Minimally invasive medical device specialist Angiodynamics (Albany, NY) has announced its intention to cut as many as 100 of its workers, representing nearly 8% of its workforce of approximately 1330. The move is part of what the firm terms ...
The move will see managing director Joanne Varey become majority shareholder while Stephen Bentley, who acquired Granby from the Omnicom Corporation, will become chairman and remain a minority shareholder. Craig Parsons, IT director at ...
Tags: Granby, Management Buyout