Archive for September, 2012


Danish Arla gets green light to acquire British co-op Milk Link

Danish dairy firm Arla Foods amba said on Friday it had been cleared by the European Commission to proceed with its takeover of British co-operative Milk Link Ltd as long as it satisfies a condition related to competition in the […]

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Wheatley Review sets out Libor reform recommendations

Wholesale reform of Libor is needed in order to restore the credibility of the international benchmark, FSA managing director Martin Wheatley said today. Releasing his report on the future

Kuala Lumpur, Malaysia

UK oil major BP disposes of Malaysian plant for $230m

UK oil and gas giant BP Plc (LON:BP) said on Friday it had signed a deal to

Medical Technology

US Medtronic expandis into China with Kanghui deal

US medical technology company Medtronic Inc (NYSE:MDT) has struck a deal to acquire Chinese orthopaedic products maker China Kanghui Holdings (NYSE:KH) for a net USD755m (EUR583.8m), the companies


Understanding the Success of Daily Deal Websites

The new economy has seen the rise and fall of many businesses that often started with a good and innovative idea but that failed because of

UK economy driven by automotive industry

UK economy to return to growth in third quarter

The UK economy is expected to rebound in the third quarter, after official figures showed today that GDP contracted by less than previously thought in the second quarter. In


Vodafone’s costs associated with Cable & Wireless deal amount to £500m

British telecommunications major Vodafone Group Plc (LON:VOD) on Thursday said it would incur costs of some GBP500m (USD810m/EUR628m) related to the integration of Cable & Wireless Worldwide plc

Leeds city centre

Bahrain-based fund agrees to acquire football club Leeds United

Bahrain-based investor Gulf Finance House (GFH) on Thursday said its fully-owned unit GFH Capital Ltd had inked an exclusive deal to head and arrange the takeover of Leeds

Mobile phone shopping

One in six retail purchases driven by mobiles by 2016

UK shoppers enjoy using their mobile devices for a variety of purposes and shopping is increasingly becoming one of their favourites, according to a new study.. The study from


UK-based ICAP Shipping acquires India’s CTI Shipbrokers

UK-based group ICAP plc's (LON:IAP) shipping arm, ICAP Shipping, said on Thursday that it had purchased Indian dry, tanker and sale and purchase broking specialist CTI Shipbrokers (India)

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