Picanol acquires 27.6% stake in Tessenderlo Chemie

Belgian weaving machine maker, Picanol, purchased a 27.6% stake in Belgian chemicals group, Tessenderlo Chemie.


Canon, Nikon blames smartphone boom for slowing camera sales

The camera-producer titans find it hard to sell its product due to the increasing demand for smartphones.

Apple's fall from grace will not transpire soon

Analysts said that Apple is well-equipped with advantages that would keep it from BlackBerry's fate.

Adenium Capital, along with ForVEI, buys solar facility in Southern Europe

Adenium Capital and its venture partner ForVEI announced that it had acquired a 24 megawatt solar facility in Italy.


Latest News

Great Atlantic & Pacific Tea Co. announced in an internal memo that it could be selling the company to another supermarket operator or a private equity firm.
An IVC Research Center report reveals a dip in Israeli investments and KKR's influence in private equity in the country.
Analysts believed that Apple's budget iPhone or iPhone Lite would threaten the company's bottom line.
Aflac Incorporated announced that Aflac Japan and Japan Post Holdings entered into a new partnership agreement.
Activision Blizzard along with a group led by its CEO, announced that they are set to buy back Vivendi's controlling stake in the company for US$8.17 billion
Indonesia biggest taxi operator, Blue Bird Group, plans to raise US$600 million through an initial public offering.
Coldwell Banker Residential Real Estate acquires Brevard County, Florida's Hartung Real Estate.
A statement by Pamplona Capital said that Deutsche Bank was fully committed to returning the pledged shares upon request.
Star Bulk Carriers stated that it had raised more than US$80 million mostly from its existing investors.
Sources revealed that Actis is looking to offload its stake in Nilgiri Dairy Farm for around US$110 million.