Ocean Spray, a U.S.-based grower-owned agricultural cooperative has made its first international acquisition with Chilean firm Agrícola Cran Chile Limitada today.
Industry
Sharp to Sell Chinese TV Plant to Lenovo, Shares Soar
Sharp Corp. is reportedly in talks with Lenovo Group Ltd to sell its LCD TV plant in China. With an aim to boost its finances Sharp Corp, a Japanese electronics company, is reportedly in talks with Lenovo Group Ltd to sell its LCD TV plant in China.
TeamBuy.ca and Dealfind.com Merge to Form Canada’s Largest Online Deal Portal
Canada’s leading e-commerce companies TeamBuy.ca and Dealfind.com announced their merger to form one of the country’s largest online deal destinations.
Louis Dreyfus Agrees to Buy 13 percent Stake in Namoi Cotton
Louis Dreyfus Commodities is planning to buy about 13 percent stake in Namoi Cotton Co-operative Ltd.
Hanergy Holdings Acquires MiaSole For $30 million
China’s privately-owned clean energy company - Hanergy Holding Group, Ltd acquired US based CIGS thin-film manufacturer MiaSolé for $30 million.
Latest News
The much talked about merger in the airline industry between American Airlines and US Airways is all set to happen after both sides came together for discussions in Dallas, last week.
American Express to cut 5,400 jobs this year. American Express Co. , announced that it will slash 5,400 jobs this year as a part of its restructuring effort and to offset losses.
Google Inc. has invested around $200 million in a Spinning Spur Wind Project, a 161 megawatt facility located in Oldham County, Texas.
Reports suggest shares of the carrier dropped by 0.4 percent to 3, 765 yen at the close of Tokyo trading, a biggest decline since Dec. 28, Boeing shares fell 2.7 percent.
Target Corp said on Tuesday it will match on a year-round basis the prices found on the websites of key rivals Amazon.com Inc, Best Buy Co Inc, Wal-Mart Stores Inc and Toys R Us, its latest tactic to hold onto shoppers focused on price.
Walt Disney Co, which reported record earnings in November, started an internal cost cutting review several weeks ago that may include layoffs at its studio and other units, three people with knowledge of the effort told Reuters.
Bank of America Corp on Monday entered an $11.6 billion settlement to end Fannie Mae's claims that the bank improperly sold it mortgages that later soured, and to resolve problems with foreclosures, the companies said.
With rise in demand for car-sharing services in the U.S., Avis Budget Group Inc. has decided to buy out car-sharing company Zipcar Inc. for estimated $500 million.
Qatar-based cable news channel Al Jazeera has reportedly taken over U.S.-based news and opinion channel Current TV for estimated at $500 million.
