The iconic British car Aston Martin is growing in the car markets of China. The CEO of the iconic British sports car Aston Martin has announced a ten percent increase in global sales for 2012.
Consumer Electronics
Accor Shareholders Pressure May Force CEO to Leave
Accor shareholders may pressure CEO to leave due to dismal performance. According to a Reuters report, Chief Executive Officer of Accor may be expelled by the company's board by Tuesday due to weak performance of the company shares in the local bourse in the past months.
Ayala Corp's Stream Global Acquires LBM Holdings
Ayala Corp's Stream Global purchases LBM Holdings of UK for an undisclosed amount. Ayala Corp's outsourcing unit has completed the acquisition of the top business process outsourcing companies in the United Kingdom.
First Institutional Funding for The Football App
First round capital funding for popular The Football App reaches Eur10 million. The Football App was able to increase its first institutional funding with a Eur10 million Series A capital funding from a group of investors headed by Earlybird Venture Capital.
Betfair Rejects CVC Offer
Betfair calls CVC offer as too low and with too many conditions, thus rejecting it. Betfair, the online gambling company, has rejected a US$1. 4 billion takeover bid from CVC Capital Partners, the private equity firm.
Latest News
Nestle, L'Oreal and the Bettencourts chequered history in business. The present situation of L'Oreal and Nestle relationship "isn't on the agenda for the time being," commented Jean-Paul Agon, CEO of L'Oreal in an interview with Investir, a French weekly magazine, which was published today.
The Canadian Competition Bureau and the Department of Canadian Heritage have approved the merger of Random House and the Penguin Group.
GM and its partners would be building new plants and increase production to five million cars a year.
Homex bonds and share values jumped to record levels as it sold off two assets to Carlos Slim controlled corporations.
SeaWorld CEO hints at overseas expansion in light of successful IPO. From the humble beginnings of being a parking attendant at Busch Gardens, James D.
Hermes purchases stake in Joseph Erard in a bid to shore up supplies for their upscale watch brands.
Peltz's Train Fund exploring possibilities in the snack food business. Nelson Peltz's Trian Fund Management bought US$3. 7 billion shares from Mondelez International and PepsiCo, according to sources that have knowledge of the investment.
Blackhawk, Safeway's company, priced its IPO above initial pricing. The gift card provider, Blackhawk Network Holdings Inc, is owned by Safeway Inc recently announced it has raised US$230 million in its inital public offering.
The largest corporate bond issue of the Philippines was recently launched by San Miguel Corp. The Philippines' most diversified corporation, San Miguel Corporation has raised a US$800 million through a ten year bond issue.
