Aug 16, 2013 | India, News, North America, South & Central Asia
Business Standard Apollo Tyres is set to acquire the US headquartered Cooper Tire & Rubber Company, making the company global player with 14 plants spread across India, the United States, China, Europe and Mexico, said Onkar S Kanwar, chairman. Delivering...
Aug 16, 2013 | Central & Eastern Europe, News, North America, Russia
The Moscow Times State-owned Vnesheconombank (VEB) is planning to create a “fund of funds” to invest in small- and mid-sized Russian businesses, as part of the government’s plan to boost economic growth, VEB deputy CEO Alexander Ivanov said. VEB will...
Aug 16, 2013 | Central & Eastern Europe, News, Russia
The Moscow Times A subsidiary of Gazprom has won a tender to buy the Moscow United Energy Company, or MOEK, according to auction results announced Tuesday, in a bid apparently intended to diversify Gazprom’s business. Gazprom Energoholding was announced the...
Aug 16, 2013 | News, Oceania, Western Europe
The Australian Financial markets technology provider Iress has launched a $206 million rights issue to fund a push into the UK market through the 210 million pound ($362 million) purchase of Avelo FS Holdings. Posting a 5.8 per cent fall in first-half net profit to...
Aug 16, 2013 | News, North America
Austin Business Journal Cloud services provider Infochimps Inc. has been acquired by a giant based in Virginia. Computer Sciences Corp. bought Austin-based Infochimps, but the company hasn’t issued an announcement. On Tuesday, Infochimps CEO Jim Kaskade posted a...
Aug 16, 2013 | China, East Asia, News
Reuters China’s state-owned vehicle manufacturer Beijing Automotive Group Co Ltd said on Wednesday it had agreed to buy smaller domestic firm Zhenjiang Automobile to help it meet its target to double production by end-2015. Beijing Auto did not disclose the...
