Jul 9, 2013 | China, East Asia, France, News, Western Europe
(Reuters) – ING Group NV will sell its 50 percent stake in its Chinese insurance joint venture ING-BOB Life Insurance Company to BNP Paribas Cardif, the insurance arm of BNP Paribas * The transaction, which is subject to regulatory approval, is not expected to...
Jul 8, 2013 | Central & Eastern Europe, News, Russia, Western Europe
East-West Digital News Russian furniture e-retailer Mebelrama.ru, which had been backed by Germany’s Rocket Internet, is shutting down, the company’s co-founder Manuela Stoll confirmed in an exchange with East-West Digital News. In late 2012, the startup landed a $10...
Jul 7, 2013 | India, News, South & Central Asia, Western Europe
Bloomberg 05 July 2013 Diageo Plc, the world’s biggest distiller, gained control of United Spirits Ltd. after completing the final stage of a transaction to acquire a stake in the Indian maker of Bagpiper whiskey. The London-based company bought a 14.98 percent stake...
Jul 7, 2013 | News, North America, Western Europe
Bloomberg Roche Holding AG (ROG) said it bought Constitution Medical Investors Inc., a U.S. blood-testing company, for $220 million plus payments related to development of products. CMI, based in Boston, Massachusetts and created and funded by private-equity company...
Jul 7, 2013 | China, East Asia, France, News, Western Europe
China Daily Chinese baby care products provider Biostime International Holdings Ltd., said Wednesday that it will provide 20 million euros in equity investment and financing to France’s dairy producer Isigny Sainte Mère (ISM) to strengthen ISM’s sufficient...
Jul 6, 2013 | Central & Eastern Europe, China, East Asia, News, Western Europe
Plasteurope.com As expected, Mitsubishi Chemical, a subsidiary of Mitsubishi Chemical Holdings has now finalised its purchase of the compound activities for TPE and PVC from Belgian speciality company Tessenderlo. The two companies had initially announced the plans in...
