SpaceNews | 26/07/2016
SpaceNews PARIS – The European Commission on July 20 approved the Airbus Safran Launchers (ASL) takeover of launch-services provider Arianespace, saying the companies had accepted conditions the commission imposed to minimize the chance of anti-competitive behavior. Click here to read full article About WiserLinks
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The Telegraph | 26/07/2016
The Telegraph The board of white goods retailer Darty has recommended that its shareholders approve a 170p-per-share takeover offer from French retailer Fnac, in a move which could signal the end of a long-running bidding war. Darty’s board said that the terms of Fnac’s offer were “fair and reasonable”, adding: “In evaluating the Fnac offer, the […]
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Tehrantimes | 26/07/2016
Tehrantimes The Paris-based carmaker struck a framework deal with Iranian counterpart Saipa to invest 300 million euros ($330 million) in the development and production of three Citroen models through a new joint venture. Under the agreement, to be finalized by the end of 2016, Citroen and its Iranian partner will introduce the first of three […]
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Reuters | 26/07/2016
Reuters Developer China Vanke Co Ltd said on Thursday it and its partners have sealed a $1.9 billion deal with Blackstone Group LP and third parties, with itself putting in 3.89 billion yuan ($583.02 million) to buy their property firms. Vanke is mired in a high-profile corporate power struggle. Fearing a hostile takeover bid by […]
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Reuters | 26/07/2016
Reuters Unilever Plc is to buy U.S.-based Dollar Shave Club, expanding its presence in the growing market for male grooming products and sharpening its rivalry with Procter & Gamble which owns the Gillette brand. The surprise move by Unilever, which makes Axe body spray and Dove soap, shows how e-commerce is disrupting the market for […]
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Reuters | 26/07/2016
Reuters U.S. seed company Monsanto Co turned down a sweetened $64 billion acquisition offer from Bayer AG, but said it was open to further talks with the German healthcare and chemicals group as well as other parties. Click here to read full article About WiserLinks
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Wall Street Journal | 26/07/2016
Wall Street Journal Elon Musk proposed combining the electric-car and solar-energy companies that he backs, the latest in a series of financial shuffles among disparate firms of his empire. Tesla Motors Inc., Mr. Musk’s Palo Alto, Calif., electric-car company, on Tuesday offered to acquire SolarCity Corp. in an all-stock deal valuing it at up to […]
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Reuters | 18/07/2016
Reuters France’s Danone said on Thursday it would double the size of its U.S. business by buying organic foods producer WhiteWave Foods Co for $10.4 billion in its largest acquisition since 2007. The purchase will help Danone pursue affluent consumers by adding WhiteWave’s popular health food offerings such as Silk almond milk, Earthbound Farm organic […]
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Techcrunch | 18/07/2016
Techcrunch Two weeks after Twitter acquired Magic Pony to advance its machine learning smarts for improving users’ experience of photos and videos on its platform, Google is following suit. Today, the maker of Android and search giant announced that it has acquired Moodstocks, a startup based out of Paris that develops machine-learning based image recognition technology for smartphones whose APIs for […]
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Reuters | 18/07/2016
Reuters French state-controlled utility EDF said on Tuesday it had entered the growing Chinese renewables energy market with the acquisition of a majority 80 percent stake in UPC Asia Wind Management (AWM) which develops and builds wind projects. The company did not give a value for the deal. The acquisition was done through EDF’s renewables […]
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