Aug 7, 2013 | News, North America, Western Europe
Reuters Cosmetics maker Revlon Inc will buy Spanish beauty care company The Colomer Group for $660 million, reacquiring a professional products business it sold 13 years ago. Colomer Group, owned by CVC Capital Partners, manufactures and sells products such as Revlon...
Aug 7, 2013 | Central & Eastern Europe, News, North America, Russia
Moscow Times VOLGOGRAD — U.S. agribusiness giant Cargill is spending at least $200 million to build a sunflower oil factory in the Volgograd region in southern Russia, the local government said Tuesday. The region, bisected by the Volga River, annually produces more...
Aug 7, 2013 | Central & Eastern Europe, News, Russia, Western Europe
Moscow Times — Rustam Tariko, the owner of Russian Standard vodka, has increased his controlling share in the Italian winemaker Gancia and is expected to buy out the rest of the company in the near future. Tariko increased his share in the family winemaker from 70...
Aug 6, 2013 | China, East Asia, News, North America
Bloomberg Shanghai Greenland Group Co., the developer building one of China’s tallest towers, is investing $1 billion in a downtown Los Angeles project, the latest Chinese builder to venture overseas. Shanghai Greenland signed an agreement to acquire a stake in the...
Aug 6, 2013 | China, East Asia, News, Southeast Asia
Straits Times A subsidiary of Keppel Telecommunications & Transportation (Keppel T&T) has agreed to buy a 60 per cent stake in Foshan Sanshui Port Development Co, a Chinese company engaged in the development and operations of a port in Sanshui District in...
Aug 6, 2013 | News, Oceania
The Australian THE NSW government has sold two of its major power stations to EnergyAustralia, effectively unwinding Labor’s “Gentrader” deal and taking a further step towards the total privatisation of the state’s power industry. Mt Piper and...
