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European Commission Approves Trading Group Trafigura's Stake in Zinc Producer Nyrstar
Dec 18, 2015The European Commission has cleared commodities trading group Trafigura's minority holding in Belgium-based zinc and lead producer Nyrstar. In November, Trafigura told the EC its minority 20.02% stake in Nyrstar -- held through its ...
Tags: Nyrstar, Zinc, lead metal
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Pantaloons Plans to Raise up to Rs 500 Crore, Through Different Means
Jan 13, 2015Pantaloons Fashion & Retail, part of Kumarmangalam Birla led Aditya Birla Nuvo Ltd, will raise Rs 1,000 crore through issue of non-convertible debentures on a private placement basis. In a BSE filing, it said, "The Board of Directors has ...
Tags: shareholders, postal ballot, Apparel
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Future Retail Said It's Proposed RS 1600 Crore Rights Issue Will Open on January 15, 2015
Dec 29, 2014Kishore Biyani led, Future Retail said it’s proposed Rs 1600 crore rights issue will open on January 15, 2015 and close on January 29, 2015. Future Retail said in a BSE filing that the issue will open on January 15, 2015 and close ...
Tags: pre-determined price, ratio, Apparel
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Mothercare Reported Pretax Profits as Against a Loss
Nov 24, 2014For the 28 week period to October 1, 2014, UK based babycare retailer, Mothercare reported pretax profits as against a loss in the comparable first half of 2013-14. Mothercare delivered reported profit before tax of £5.5 million in ...
Tags: babycare retailer, pretax profits, Apparel
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Mothercare to Raise Some £100 Million Through a Rights Issue
Sep 26, 2014Mothercare 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
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Aditya Birla Will Invest Rs 150 Crore to Add 18-20 More New Stores in This Fiscal Year
Aug 19, 2014Aditya Birla Nuvo managed - Pantaloons Fashion & Retail Ltd will invest Rs 150 crore to add 18-20 more new stores in this fiscal year. At present, Pantaloons operates and manages 83 large format stores across India. Pantaloons will also ...
Tags: Pantaloons, Apparel, Accessories
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Pantaloons Fashion & Retail Ltd Plans to Raise up to Rs 500 Crore
Aug 12, 2014In a filing with the Bombay Stock Exchange (BSE), Pantaloons Fashion & Retail Ltd which manages 75 lifestyle stores across India, says that it plans to raise up to Rs 500 crore, through different means, including a rights issue. In the ...
Tags: Pantaloons, Apparel, Accessories
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The Market Regulator to Raise up to Rs 1,600 Crores Via a Rights Issue
Aug 12, 2014Future Retail has filed a draft letter of offer with SEBI – the market regulator to raise up to Rs 1,600 crores via a rights issue. As per the document, Kishore Biyani promoted Future Retail would issue certain classes of shares to ...
Tags: Retail Files, Rs 1600, Apparel
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Neuland Laboratories Ltd Announced Financial Results for The Third Quarter of FY 2014
Feb 14, 2014Neuland Laboratories Ltd., (NSE:NEULANDLAB; BOM:524558) a pharmaceutical manufacturer providing active pharmaceutical ingredients (APIs), complex intermediates and contract manufacturing services to customers located in 85 countries, today ...
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Danone Has Agreed to Increase Its Holding in Chinese Dairy Firm Mengniu with €486m
Feb 13, 2014French dairy major Danone has agreed to increase its holding in Chinese dairy firm Mengniu from 4% to 9.9%, with an investment of €486m. The company, along with COFCO Dairy Investments, signed a deal to subscribe a reserved rights ...
Tags: Danone, Mengniu, increase holding
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Outokumpu Plans to Divest Its Italian Steel Plant Terni
Dec 3, 2013Finland-based stainless steel producer Outokumpu has announced that it plans to divest its Italian steel plant Terni (Acciai Speciali Terni) and its high performance alloy unit VDM. Outokumpu has signed a binding agreement with ThyssenKrupp ...
Tags: steel producer, Outokumpu
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Premier Foods Is Remaining Tight-Lipped
Nov 19, 2013Premier Foods is remaining tight-lipped about reports that the Mexican bakery Grupo Bimbo may acquire its troubled bread division, as the firm’s short-term prospects divided City opinion. Premier Foods' plan to seek a financial ...
Tags: Premier Foods, tight, bread
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Premier Foods Has Confirmed Press Reports That It Is Seeking a Partner to Raise Funding
Nov 7, 2013Premier Foods has confirmed press reports that it is seeking a partner to raise funding for its troubled bread business. Sliced and diced: Premier Foods is looking for a partner for its troubled breads business The debt-laden food ...
Tags: Agriculture, Food
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Pentair Announced at The Clinton Global Initiative Annual Meeting
Sep 29, 2013Pentair Ltd. announced at the Clinton Global Initiative (CGI) Annual Meeting its Commitment to Action to address the safe water needs for the people in Kibera, an impoverished settlement in Nairobi, Kenya. In doing so, it will help reduce ...
Tags: Pentair, Initiative Commitment
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Episurf Medical Secured CE Mark Approval for Its Episealer Femoral Condyle
Jul 8, 2013Sweden-based Episurf Medical has secured CE Mark approval for its Episealer Femoral Condyle, a personalized implant that helps in treating the damage in knee cartilage. The company obtained CE Mark after the product and its technical ...
Tags: Episurf Medical, CE Mark, Knee Implant