M&A
Chinese textile giant buys Swiss luxury brand Bally amid global shopping spree
Mainland Chinese textile and apparel producer Shandong Ruyi Group has bought a controlling stake in Bally International AG, the 167-year-old…
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South Africa’s PPC expects higher offer from Canada’s Fairfax
PPC, South Africa’s biggest cement producer, said Friday it expected Canada’s Fairfax Africa Investments to raise its 9.2 billion-rand ($700…
United Tech to buy Rockwell Collins for $30 billion
Aerospace supplier United Technologies Corp has struck a $30 billion agreement to buy avionics and interiors maker Rockwell Collins Inc,…
Ethiopian Airlines plot takeover of Nigeria’s Arik Air
Nigeria’s Arik Air would soon be under a new management as Ethiopian Airlines have submit formal offer to take charge…
Unilever $6bn spreads business auction gets hotter as Singaporean fund backs KKR bid
Competition over Unilever's spreads business is hotting up as Singapore's wealth fund has entered the fray. The Sinagaporean state's Government…
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