All posts in Manufacturing
Tobacco group Philip Morris to take full control of Mexican arm in $700m deal
US tobacco group Philip Morris International Inc (NYSE:PM), or PMI, said it will take full control of its Mexican unit through the purchase of the remaining 20% in Philip Morris Mexico SA de CV (PMM) from Grupo Carso SAB de …
UK car production rebounds in April — SMMT report
Car manufacturing in the UK bounced back in April after a subdued first quarter, the Society of Motor Manufacturers and Traders (SMMT) reported today. Production increased by 16.6% compared
French luxury group PPR has no plans to sell Puma stake
French luxury goods group PPR SA (EPA:PP), which owns a 83% stake in of Puma SE (ETR:PUM), is not looking to increase its interest in the German sporting
UK private equity firm Bridgepoint acquires France’s Flexitallic Group
UK-based private equity group Bridgepoint Capital Ltd has agreed to acquire French sealing solutions provider The Flexitallic Group from French buyout firm Eurazeo PME via a EUR450m (USD588.9m)
GSK seeks buyers for Lucozade and Ribena brands — report
UK drugmaker GlaxoSmithKline Plc (LON:GSK) has hired JPMorgan Chase & Co (NYSE:JPM) and Greenhill & Co Inc (NYSE:GHL) to help it offload nutritional drink brands Lucozade and Ribena,
Conditions for UK manufacturers stabilise in April — Markit/CIPS
The UK manufacturing sector is showing signs of stabilising, according to a new report released today. The Manufacturing Purchasing Managers' Index (PMI), compiled by the Chartered Institute of Purchasing
France’s Safran acquires Rolls Royce’s 50% stake in helicopter engine venture for €293m
French aerospace, defence and security firm Safran SA (EPA:SAF) said Tuesday it had agreed to buy UK Rolls-Royce Holding PLC's (LON:RR) 50% interest in the joint RTM322 helicopter engine
Germany’s Daimler raises €2.2bn from sale of 7.5% stake in EADS
German carmaker Daimler AG (FRA:DAI) on Wednesday said it had raised gross proceeds of around EUR2.2bn (USD2.9bn) from the sale of its remaining 7.5% in European aerospace and
City and Gatwick owner circles Hochtief’s airport assets
German construction group Hochtief AG (FRA:HOT) has received offers for the holdings in five airports it has put on sale, Reuters reported, quoting two people in the know. Fraport
France’s Lagardere starts disposing of EADS stake worth €2.4bn
French media group Lagardere SCA (EPA:MMB) announced it had started the sale of its stake in European aerospace and defence group EADS NV (EPA:EAD). Last week, the French group
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