Archive for August 2nd, 2012

Wind turbines in Scotland

UK utility SSE increases its stake in Wind Towers to 80.1%

British energy group SSE Plc (LON:SSE) said today it had entered into an agreement to buy the 40.05% stake in Wind Towers Ltd currently held by Marsh Wind Technology Ltd and thus increase its total interest in the entity to […]

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Bahrain's financial harbour

UK’s 3i sells Spanish Esmalglass to Bahrain-based Investcorp

British private equity investor 3i Group Plc (LON:III) said today it had divested Esmalglass-Itaca, a Spanish supplier of intermediate products for the ceramic industry, to Bahrain-based investment manager

Time Out includes theater listings and reviews

London’s Time Out to relaunch as free title

The London edition of entertainment listings magazine Time Out is to be given away free of charge, its owners announced today. Oakley Capital said that it planned to relaunch

Remote Control

Sky welcomes Competition Commission ruling on pay-TV movie market

Satellite broadcaster Sky's strong position in the pay-TV movie market "does not adversely affect competition", the UK's Competition Commission (CC) ruled today. Sky Movies currently offers UK viewers the

Genpact is based in Bermuda

Sponsor Bain acquires 30% stake in Genpact for $1bn

US private equity firm Bain Capital LLC has agreed to buy some USD1bn (EUR815.7m) worth of common shares in Bermuda-based business process management (BPM) company Genpact Ltd (NYSE:G)

General Mills makes Cheerios

US food group General Mills completes acquisition of Brazil’s Yoki

US food company General Mills Inc (NYSE:GIS) said it had finalised its deal to acquire Brazilian sector player Yoki Alimentos SA. The definitive purchase agreement was unveiled on 24

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