LONDON: A.G. BARR announced the acquisition of the Rio soft drinks brand through the purchase of Rio Tropical Limited. Acquired from Hall and Woodhouse Limited, the independent brewer and pub company, for a total cash consideration of £12.3m, tropical fruit…
LONDON, UK: Poltronesofà S.p.A., via its subsidiary Cerezzola Limited, has offered to acquire ScS Group Plc. Under the terms, ScS shareholders will be entitled to receive 280 pence for each share including 270 pence in cash and a final dividend…
MELBOURNE, AUSTRALIA: SOCO Corporation (ASX:SOC) has entered into a binding agreement for the acquisition of Axsym Technology Pty Ltd, a Canberra-based information technology consultancy with a federal government focus, with clients including Defence, Foreign Affairs, and National Security agencies. AxSym…
Chevron Corp. has agreed to buy Hess Corp. for $53 billion in an all-stock deal, in a bid to boost production growth and consolidate its position as one of the world’s leading oil and gas companies. The acquisition will give…
PARIS, FRANCE: Freelance.com, the European leader in the relationship between companies and their external talents, announces the signing of a reciprocal promise with STA Groupe, a specialist in the salaried self-employment of independents and the matching of highly qualified consultants…
SpaceX has signed an agreement with the European Space Agency (ESA) to launch four Galileo navigation and communications satellites into orbit. This is the first time that the EU has partnered with SpaceX to launch a satellite containing classified information….
Roche, a Swiss pharmaceutical giant, has agreed to a US$7.1 billion deal to acquire Telavant, a biotech company that is developing a promising drug for inflammatory bowel disease (IBD). Telavant is jointly owned by Roivant and Pfizer, two of Roche’s…
PARIS, FRANCE: TotalEnergies has partnered with Corio Generation and Rise Light & Power for the joint development of the Attentive Energy offshore wind project off the coast of New York and New Jersey. The Attentive Energy project aims to develop…
AMSTERDAM: Philips’ third-quarter results show improved operational performance, with sales increasing 11% to EUR 4.5 billion and adjusted EBITA increasing to EUR 457 million, or 10.2% of sales. The company’s order book remains strong, and it has raised its outlook…
Just after pulling out of the Web Summit, Google is under scrutiny by Japan’s competition watchdog for allegedly abusing its market power in web search services. The Japan Fair Trade Commission (JFTC) announced on Monday that it would examine if…
Beyonca, an electric vehicle brand jointly owned by French automaker Renault and Chinese carmaker Dongfeng Motor, announced on Monday that it had received an investment from Al Faisaliah Group Holding Company, a Saudi Arabian conglomerate. The deal was signed at…
Samsung SDI, the second-largest car battery maker in South Korea, has signed a 7-year deal with Hyundai Motor Co. to provide batteries for its electric vehicles (EVs) in Europe. The deal, which was announced on Monday, will see Samsung SDI’s…