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 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 | News, North America
Reuters Wonderbra owner Hanesbrands Inc will spend $547 million to buy rival Maidenform Brands Inc, where sales have been flagging, and expand its range of lingerie for younger consumers. * $547 mln deal for $23.50 per share, premium of 23 pct * Hanesbrands to fund...
Aug 6, 2013 | News, North America
Bloomberg Cisco Systems Inc., the biggest maker of networking equipment, agreed to acquire Sourcefire Inc. for about $2.7 billion, adding anti-hacking technology used extensively by the U.S. government. Cisco will pay $76 a share in cash, the San Jose,...
Aug 6, 2013 | Central & Eastern Europe, News, North America, Russia
(Reuters) – Billionaire Russian businessman Gennady Timchenko, a long-time associate of Russian President Vladimir Putin, plans to seek U.S. government-backed funding to buy luxury aircraft, Reuters has learned. To smooth the path for financial backing from the...
