Aug 1, 2013 | France, News, Western Europe
Reuters 31 July 2013 France’s Schneider Electric is to buy British engineer Invensys for an agreed 3.4 billion pounds ($5.2 billion) to strengthen its high-margin industrial automation business and win more custom in the fast-growing energy sector. * To pay 502...
Jul 31, 2013 | China, East Asia, France, News, Western Europe
Bloomberg Citic Securities Co., China’s largest broker by market value, completed its purchase of Credit Agricole SA (ACA)’s CLSA unit, withholding $100 million of the $1.25 billion price pending its acquisition of the Taiwan operation. Citic is paying $841.7 million...
Jul 29, 2013 | France, News, North America, Western Europe
Bloomberg 28 July 2013 The family of French billionaire Francois Pinault, owner of Chateau Latour in Bordeaux, has acquired California’s Araujo Estate Wines along with its flagship Eisele Vineyard. Araujo has 162 acres (66 hectares) in the northern Napa Valley,...
Jul 29, 2013 | China, East Asia, News, Western Europe
Bloomberg Hutchison Whampoa Ltd., Hong Kong billionaire Li Ka-shing’s biggest company, may consider other options to bolster its telecommunications assets in Italy after talks to merge with Telecom Italia SpA’s wireless business were put on hold, the head of its local...
Jul 29, 2013 | France, News, North America, Western Europe
The Washington Post 29 July 2013 PARIS — Omnicom Group Inc. and Publicis Groupe SA say they are combining in a “merger of equals” that will create the world’s largest advertising firm, one worth more than $35 billion. The combined company will be called Publicis...
Jul 24, 2013 | News, Southeast Asia, Western Europe
Rcrwirlesess.com Ericsson bolstered its operating support system operations late last week with the acquisition of Thailand-based TeleOSS Consuilting. The transaction, which is expected to close during the third quarter, includes 50 employees based in Thailand....
