Hong Kong-based NEVS closes deal to acquire bankrupt Saab Automobile

National Electric Vehicle Sweden AB (NEVS), which is owned by Hong Kong-based National Modern Energy Holdings Ltd, said today it had completed the acquisition of bankrupt Swedish carmaker Saab Automobile AB. The deal includes intellectual property (IP) rights for the […]

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Italy’s Campari to acquire Jamaican rum distiller Lascelles deMercado

Italian branded beverage group Gruppo Campari SpA on Monday said it would buy Jamaica's rum maker Lascelles deMercado & Co Limited (JAM:LAS), or LdM, in a deal worth

Iceberg gazing

UK sponsor Bridgepoint closes acquisition of Compagnie du Ponant

UK-based private equity group Bridgepoint Capital Limited said on Monday it had completed the purchase of Compagnie du Ponant, a French luxury cruise company renowned for its specialist


Amazon to compete with Groupon by launching daily deal site in London

E-commerce giant Amazon is on a quest to conquer new territories by launching a daily deals site, designed to operate for London initially, it has emerged. The new


French drinks firm Remy Cointreau acquires Scotch maker Bruichladdich

French wines and spirits producer Remy Cointreau SA (EPA:RCO) said on Monday it had finalised a GBP58m (USD92m/EUR73m) deal to acquire Isle of Islay-based single malt Scotch whisky


China Investment Corp disposes of BlackRock shares

China Investment Corp (CIC) has disposed of the bulk of its nearly 3% interest in US investment manager BlackRock Inc (NYSE:BLK) over the recent months, according to informed

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