Archive for February 15th, 2013


Heinz CEO could net $100m from buyout by Bershire Hathaway

Bill Johnson, the CEO of food giant HJ Heinz Company (NYSE:HNZ), could end up with a gain of some USD100m (EUR75m) from the buyout by Warren Buffet’s Berkshire Hathaway Inc (NYSE:BRK.A) and 3G Capital Inc, Bloomberg said on Friday. The […]

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UK January snow

January snow hits UK retail sales

UK retail sales declined from December to January, surprising economists who had forecast sales to grow at the start of the year. Figures released today by the Office for

LNG Container Ship

Gail and EDF bid for Repsol’s LNG assets in Trinidad and Tobago

Gas utility Gail India Ltd (BOM:532155) has made a non-binding offer together with French EDF SA (EPA:EDF) to buy Spanish Repsol SA's (MCE:REP) liquefied natural gas (LNG) operations


US regulators clear the merger of book publishers Penguin and Random House

The US Department of Justice has given the go-ahead to media companies Pearson Plc (LON:PSON) and Bertelsmann


Local insurance groups mull bids for HSBC’s Indian life insurance venture

Indian life insurers HDFC Life, Birla Sun Life and ICICI Prudential Insurance Co are considering a potential deal for the local life insurance joint venture of UK's HSBC

Heinz baked beans

Buffet’s Berkshire Hathaway ready for another jumbo deal following Heinz buyout

US diversified group Berkshire Hathaway Inc (NYSE:BRK.A) has sufficient cash in its war chest to finance another major acquisition, after agreeing on Thursday to buy food giant HJ

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