Morrisons, the UK supermarket retailer signs 25 year deal with online grocer Ocado. British retail chain Morrison has invested more than GBP200 million for a twenty five year agreement with online grocer Ocado.
Consumer Electronics
Danone Will Invest in China thru Mengniu
Danone to put up joint venture with Mengniu Dairy. Owner of renowned Evian water and Activia yogurt, Danone, will be spending approximately EUR325 million or US$417 million to put up a joint venture with Mengniu of China.
Golden Equity Investments Acquires Goosecross Cellars
Golden Equity Investments purchases boutique winery Goosecross Cellars. Golden Equity Investments, a private equity firm based in Golden, Colorado, has acquired the luxury winery that is situated at Yountville, California, Goosecross Cellars.
Saudi Shares Increase, Headed by Property Companies
Saudi Arabian shares increase led by property and petrochemical companies. The majority of the increases in the benchmark stock index of Saudi Arabia was attained in the last four months.
Haselsteiner Heir Calls Out Conwert Structure
Hans Peter Haselsteiner calls out Conwert governance structure. Investor Hans Peter Haselsteiner is planning to call a special stockholder's meeting for Conwert property group.
Latest News
Shareholders vote for acceptance of TPG offer. In an announcement today by Assisted Living Concepts, Inc. , it was disclosed that its stockholders have voted to accept the earlier disclosed merger agreement with associates of TPG.
Budco announces the acquisition of South Shore Venture Enterprises. In an announcement by the leading company on marketing solutions, Budco, it disclosed today of the purchase of South Shore Venture Enterprise LLC.
Gildemeister has clarified the regulatory website information published as to the plans of Mori Seiki.
Scarosso, the high end shoe brand, announced that it has raised new funding from its Series A capital round.
Sun Capital offers Emerald Performance for the tidy sum of US$700 million. Sun Capital Partners, the US private equity firm, is offering to sell specialty chemicals firm Emerald Performance Materials in a deal purportedly worth US$700 million.
Dnata purchases shares of Air France-KLM in Servair Airchef. Dnata, the Emirates airline services arm has purchased Air-France KLM's shareholdings in a joint venture catering business in Italy.
Reuters reports the backing of a sovereign wealth fund and a UK institution to prop up the business of 3i.
Bain Capital tops race for Yankee Candle but sale falls through. According to a report from Reuters, three people with knowledge of the matter disclosed that Bain Capital, LLC may appear to be the last survivor in the race for Yankee Candle Co, Inc.
CSC ServiceWorks created by Pamplona Capital Management. The multi-family supplier for laundry requirements, Coinmach Service Corp and North America-based source of paid air services for car tire inflation, AIR-serv Group were acquired by Pamplona Capital Management at the price of US$1.
