News

Tue, 23 Oct 2018 08:28:03 GMT

J&J to acquire Japan's Ci:z in $2.1B deal

Johnson & Johnson, the US healthcare conglomerate, announced on Tuesday it would acquire all the outstanding shares of Japan's cosmetics company Ci:z Holdings in a deal valued at $2.1B.

Tue, 23 Oct 2018 08:17:02 GMT

Arconic considers $11B offer from Apollo

Arconic, the aluminium products maker, is thinking over a $11B takeover bid received from the buyout company Apollo Global Management, according to sources with the knowledge about the potential deal.

Tue, 23 Oct 2018 07:10:49 GMT

Constellation plans to sell its US wine brands

Constellation Brands Inc, the US maker of Modelo and Corona beers, claimed that it is considering to sell some of the company's US-based wine brands after the portfolio review in a deal which could be worth $3B.

Tue, 23 Oct 2018 07:05:54 GMT

Vertex Ventures invests in crypto exchange Binance

On Tuesday, Vertex Ventures claimed that it has invested in one of the largest cryptocurrency exchanges Binance to help the company launch an exchange service between digital and hard currencies in South East Asia.

Tue, 23 Oct 2018 06:39:29 GMT

Telefonica Deutschland urges to ban Vodafone-Liberty deal

On Monday, Telefonica Deutschland's head called on the EU regulators to ban Vodafone's planned takeover of Liberty Global amid concerns it could lead to the Germany's cable TV market "quasi-monopolisation".

Tue, 23 Oct 2018 06:38:49 GMT

Chemical-to-retail company Lotte Group to invest $5B

On Tuesday, South Korean chemical-to retail company Lotto Group claimed that it is planning to invest $5B in the nearest five years to expand sites in South Korea, the US and Indonesia.

Tue, 23 Oct 2018 04:41:18 GMT

Oil prices decrease on Saudi announcement

On Tuesday, crude oil prices declined, as Saudi Arabia announced that the country intends to play a more responsible role in the global energy markets.

Tue, 23 Oct 2018 04:40:46 GMT

Mitsubishi will invest in jet unit

Mitsubishi Heavy Industries will invest approximately $2 billion into the company's aircraft unit, which intends to create a new passenger plane.

Tue, 23 Oct 2018 04:25:21 GMT

Asian stock prices decline

On Tuesday, Asian stock market benchmark indexes declined in value, as global markets experienced a lower than expected quarterly earnings reports season.

Tue, 23 Oct 2018 04:24:06 GMT

Philip Morris will introduce new products

On Tuesday, Philip Morris International announced that the company will introduce new products in Japan next month to expand its market share.

Mon, 22 Oct 2018 20:35:46 GMT

Ukraine's Naftogaz to issue up to $1B worth euro bonds

Ukraine's energy business Naftogaz announced plans to issue between $500M and $1B worth of euro bonds by the end of 2018, the company's chairman Andriy Kobolev stated.

Mon, 22 Oct 2018 20:33:17 GMT

Taiwan's export orders expansion slows in September

Taiwan's export orders rose 4.2% year-over-year to $47.86B in September, weakening from the 7.1% rise in the prior month, according to the report by the island's economic authority.

Mon, 22 Oct 2018 19:32:40 GMT

Netflix adds to rising debt pile with $2B bond issue

Netflix announced that it is set to tap debt markets for a second time in 2018 in a bid to raise another $2B, as the streaming video service invests in shows production and content acquisition to fend off competition.

Mon, 22 Oct 2018 19:29:07 GMT

EZ banks see higher funding pressure on QE end

Euro zone's banks anticipate further growth in loan demand in the Q4, but expect that the European Central Bank's policy shift to lead to a deterioration in market conditions, the ECB stated.

Mon, 22 Oct 2018 18:33:27 GMT

Danone bids on healthy eating business to encourage growth

Danone was betting on the expansion into the healthy eating business to produce sales increase, which would beat France's food company's rivals over the next decade.

Mon, 22 Oct 2018 18:30:41 GMT

Ford sees higher costs of metal, hopes on US-China trade issue resolve

Ford Motor saw higher costs of steel and aluminium, fuelled by trade tariffs bite into profit, but was hopeful that the US and China could avoid tensions that could make things costly.

Mon, 22 Oct 2018 15:54:17 GMT

PayPal makes strategic investment into fintech start-up Tala

PayPal Holdings has invested into the fintech company lending to underserved emerging market consumers, Tala, seeking to broaden the start-up's reach and develop its product.

Mon, 22 Oct 2018 15:43:29 GMT

American Railcar plans selling itself for $1.75B

American Railcar Industries, backed by the billionaire investor Carl Icahn, is planning to sell itself in a $1.75B deal with ITE Rail Fund, the company announced on Monday.

Mon, 22 Oct 2018 15:16:06 GMT

EU regulators to decide on Energizer's Spectrum deal by Nov. 27

EU antitrust regulators are set to pass their verdict on the US battery producer Energizer Holdings' $2.0B worth bid to acquire portable and battery lighting business of Spectrum Brands by November 27.

Mon, 22 Oct 2018 15:07:39 GMT

French Connection considers selling itself, looks for bidders

French Connection has entered talks with four parties interested in acquiring the UK clothing retailer, on the back of the company's announcement about considering all strategic options on the firm's future.

Mon, 22 Oct 2018 14:20:04 GMT

CPPIB seeks purchasing £3.0B worth stake in Gatwick Airport

Canada's Pension Plan Investment Board is seeking to acquire a stake worth over £3.0B in Gatwick Airport, according to a Sky news report.

Mon, 22 Oct 2018 14:13:06 GMT

BASF ties up with Nornickel in EV battery push

Germany's BASF teamed up with Russia's miner Norilsk Nickel over a cobalt and nickel supply deal with intention to meet rising demand for the electric vehicle batteries.

Mon, 22 Oct 2018 13:38:15 GMT

Taiwan's CPC strikes first US long-term crude deal

CPC Corp, Taiwan's state oil refiner, has clinched its first long-term agreement to acquire the US crude, the company's official stated on Monday.

Mon, 22 Oct 2018 13:15:23 GMT

Malaysia's Petronas takes 10% stake in Al Khazzan gas field

Malaysia's Petronas subsidiary PC Oman Ventures is planning to purchase a 10% stake in Oman's gas field Al Khazzan, saying that further information of the deal would be provided as soon as possible.

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