Archive for February 19th, 2013

Mince meat

Nestle withdraws three products after finding traces of horse DNA

The horsemeat scandal widened this morning, with an announcement from Nestle that traces of horse DNA had been found in some of its beef pasta meals. The Swiss-based food manufacturer said that two of its chilled pasta products, Buitoni Beef […]

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HSBC sells Panama operations to Bancolombia in $2.1bn deal

UK financial giant HSBC Holdings plc (LON:HSBA) said Tuesday it had agreed to sell HSBC Bank (Panama) SA to Colombian lender Bancolombia SA (NYSE:CIB) for USD2.1bn (EUR1.6bn) in cash. The


Goldman Sachs mandated to advise Vodafone on Kabel Deutschland bid

UK telecommunications major Vodafone Group Plc (LON:VOD) has appointed Goldman Sachs Group Inc (NYSE:GS) as advisor on a possible bid for German cable operator Kabel Deutschland Holding AG

Telecom Italia is based in Milan

Telecom Italia in exclusive talks to sell La7 stake to Cairo Communications

Telecom Italia SpA (BIT:TIT) said its board had agreed to begin exclusive negotiations with media firm Cairo Communication SpA (BIT:CAI) about the sale of its entire stake in

Camer lens

EC gives Canon the green light to acquire Belgium’s Iris Group

The European unit of Japanese imaging solutions maker Canon Inc (TYO:7751) has received clearance from the European Commission (EC) for its planned buyout of Belgian document recognition specialist

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