Aug 7, 2013 | Central & Eastern Europe, Latin America, News, Russia, Western Europe
Moscow Times State gas giant Gazprom is making Latin America its new priority market and is increasing its involvement in the region. In addition to projects in Bolivia and Venezuela, Gazprom is intensifying negotiations with Wintershall to buy into the German...
Aug 7, 2013 | Africa, China, East Asia, News, Western Europe
(Reuters) – Italian oil and gas group Eni said on Friday it had completed the sale of 28.57 percent of Eni East Africa to China’s CNPC at a previously agreed price of $4.21 billion. Eni East Africa holds 70 percent in the Area 4 gas field off the coast of...
Aug 7, 2013 | China, East Asia, News, Western Europe
BBC News A Coventry manufacturing firm has been bought for £30m by a partnership between a Chinese automotive supplier and a Shropshire company. Covpress, in Canley, makes body panels for the likes of Jaguar Land Rover (JLR) and employs more than 450 people. Shandong...
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, 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, Western Europe
Bloomberg Croda International Plc, the world’s second-largest maker of cosmetic ingredients, agreed to buy a Chinese maker of fatty-acid products for 38.2 million pounds ($58.8 million) to tap growing demand for lubricant additives for cars. The U.K. supplier of...