Here’s how a benign New Year tweet by a Huawei’s social media handler uncovered the national underlying discrimination against foreign companies. In a development that provides indirect evidence of the measures Chinese companies take to pressure and force its citizens… Read More ›
The deal assumes significance since it marks Sazerac’s new market focus on premium brands and also because it continues to maintain consistence across Diageo’s spirits, as the two have entered into a long-term supply contracts agreement. U.S. based Sazerac is… Read More ›
With the auction bids not being superior to the plan of reviving the plan, creditors and stakeholders are of the view that reviving the Toys ‘R’ Us and Babies ‘R’ Us brand is the best way forward. In a significant… Read More ›
Where other companies, including Nestle, Stada and Perrigo, failed, P&G succeeded. The purchase will help it expand its portfolio of consumer healthcare capabilities and brands. On Thursday, Procter & Gamble Co and Merck KgaA stated, the former has agreed to… Read More ›
Fiat Chrysler is set to announce its intention vis-a-vis its diesel passenger vehicles on June 1, 2018. On Monday, the Financial Times reported, citing sources familiar with the carmaker’s strategy, Fiat Chrysler plans on eliminating diesel from all its passenger… Read More ›
Alphabet’s Access is seeing a high turnover in human resources: Jain’s appointment as CEO is the third in less than two years. The unit has also laid employees since 2016. On Wednesday, Alphabet Inc named Dinesh Jain, a former chief… Read More ›
The traditional toy industry is facing a struggle for surival. Facing fierce competition from online stores and with children’s preference moving to electronic toys over traditional ones, the toy industry will have to diversify and expand if it has to… Read More ›
The fund aims to boost shareholder’s value in the company. A regulatory filing has revealed that activist investor Trian Fund Management LP is seeking a board seat for Nelson Peltz at Procter & Gamble Co. Trian Fund Management LP,… Read More ›
There have been several reports by leading news reporters which increase the probability of this 6 billion pound divesture. British newspapers have reported that Unilever is preparing a $7.44 billion (6 billion pound) sale of some it’s some of its… Read More ›
The deal is expected to close by the first week of 2017. Japanese brewer Asahi Group Holdings is set to acquire beer brands from Anheuser-Busch InBev in a $7.8 billion deal. The deal will boost its presence in the region…. Read More ›
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