Archive for February 4th, 2013

George Osbourne

Banking reforms outlined by UK chancellor

New measures to reform the banking industry in the UK were announced today by Chancellor George Osborne. In a speech on the Banking Reform Bill, which is being introduced in Parliament today, the chancellor said that big banks will be […]

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Branston Pickle

Premier Foods closes sale of sweet pickles and table sauces business to Mizkan

British food producer Premier Foods Plc (LON:PFD) has completed the £92.5m ($145.6m/€107m) sale of its sweet pickles and table sauces operations to Japan's Mizkan Group Corp, the vendor


IBM to take over Star Analytics

US information technology giant International Business Machines Corp (NYSE:IBM) said it had agreed to acquire domestic business analytics firm Star Analytics Inc for an undisclosed sum. The target, which

Oil pipes

Puma Energy to buy Australia’s Ausfuel

Switzerland-based oil company Puma Energy LLC said today it had agreed to buy Australian fuel retailer Ausfuel Pty Ltd from private equity firm Archer Capital Pty Ltd and

TV camera

Private equity firms KKR and Permira to sell ProSiebenSat stake — report

Buyout firms KKR & Co LP (NYSE:KKR) and Permira Advisers LLP are considering selling their majority interest in German broadcaster ProSiebenSat.1 Media AG (ETR:PSM) to a trade buyer,

Maldives seaplane

Blackstone invests in two Maldivian seaplane operators

US alternative asset manager The Blackstone Group LP (NYSE:BX) has become a controlling shareholder in Maldivian Air Taxi (MAT) and Trans Maldivian Airways (TMA). Blackstone did not say how

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