China probes Tetra Pak for possible market dominance China probes Tetra Pak, the world renowned Switzerland-based food-packaging company for any possible abuse when it comes to market dominance.
Consumer Electronics
Wheat Growing States Join Investigation of Cargill/ConAgra Flour Deal
A group of wheat growing states joined the US Justice Department antitrust division in investigating a proposed joint venture by ConAgra Foods Inc and Horizon Milling.
Panasonic Buys Stake in Gorenje
Japanese consumer electronics company Panasonic announced acquisition of stake at Gorenje, one of the largest household appliance makers in Eastern Europe.
Gunnebo Acquires Turnstile Dealer
Gunnebo Security Group announced acquisition of all shares in ATG Entrance Corporation, the company’s turnstile distributor in South Korea for 10 years.
Admeta Signs Supplier Agreement With BBC Worldwide
Admeta announced the signing of a supplier agreement with BBC worlwide private ad exchange Admeta announced that they have signed a supplier agreement with BBC Worldwide to optimize and monetize the Good Food and Top Gear properties outside of the United Kingdom.
Latest News
Unilever was unable to raise its holding in Hindustan Unilever Ltd (HUVR) to its goal of 75%. (Photo : reuters. com)Unilever seeks to gain 75% control of Unilever Hindustan Unilever's public offer of INR600 a share to gain higher control over Unilever Hindustan was met with lukewarm response.
Diageo Plc, the world's largest distiller acquired control of United Spirits Ltd (UNSP), a well-known maker of Bagpiper whiskey in India.
According to sources, Barclays PLC, Citigroup Inc and JPMorgan Chase & Co. are set to manage Eastern Europe's largest budget carrier, WIzz Air's initial public offering.
Dayli, an Austrian drug store chain acknowledged that its neighborhood stores concept is not effective, and therefore filed for a restructuring on Thursday.
Two food giants, Nestle and Danone faced China's probe on the food sector for unethical practices with price cuts on infant milk formula.
Yandex and Sberbank of Russia finalized their joint venture for Yandex.Money for about US$60 million.
Douglas Holding Ag was the final bidder for Sephora's rival, Nocibe after offering Euro 500 million.
The Chinese smartphone industry boosted the production of chips in Korea, making investors in the industry in charge of the market.
Actis Capital sold majority stake of Vesta to Illinois Tool Works Inc. (Photo : Reuters)This is the logo of Illinois Tool Works Inc. , which acquired Vesta, a Chinese kitchen equipment maker.
