Both investors are pushing Xerox to explore options vis-a-vis its joint venture with Fujifilm which includes renegotiation of terms of the JV or to walk away from it. Incidentally, 50% of Fujifilm Holdings Corp’s overall operating profit stem from this… Read More ›
The deal will enable T-Mobile Austria to better compete with bigger rivals such as A1. Liberty Global Plc stated it would divest its UPC Austria business to T-Mobile Austria, an unit of Deutsche Telekom, for a value of $2.25 billion… Read More ›
While this will bring much needed closure to the case, Toshiba can now allocate more resources to its other disputes including the potential delisting of its stock from the Tokyo Exchange. According to a Bloomberg report, Western Digital Corp and… Read More ›
Being Nestle third joint venture, this new factory has the potential to double Nestle current turnover of $135 million in the near term. In a significant development, Nestle laid the foundation stone for a $55 million coffee and biscuits factory… Read More ›
The deal, which came about on the sidelines of U.S. President Donald Trump’s visit to Beijing, has yet to be finalized. On the sidelines of U.S. President Donald Trump’s visit to Beijing, Air Products and Chemicals Inc, a U.S. industrial… Read More ›
Foreign payment card companies face more hurdles in China: its central bank has clarified, it cannot officially process their application for operating in China. On Wednesday, China’s central bank has stated, Chinese regulations do not require foreign payment card firms… Read More ›
This commitment is likely to significantly increase its chances of bagging the deal. The likelihood of Bain Capital bagging the rights to purchase Toshiba NAND memory chip business got better when it confirmed that it would honor “all the contractual… Read More ›
Toyota’s fuel efficient sedans and SUVs caters to design-conscious consumers in the US. As per a sourced briefed with the matter at hand, Toyota Motor Corp and Mazda Motor Corp are set to collaborate on developing a $1.6 billion U.S… Read More ›
Like much of the British car industry, the uncertainty surrounding Brexit negotiations is pushing companies to invest overseas rather than expand production facilities in the country. On Friday, Britain’s Jaguar Land Rover picked China for its first overseas engine plant… Read More ›
As per the U.S. hedge fund, Toshiba’s shares have the potential to touch 400 yen once it manages to overcome its legal battle with Western Digital Corp. In a significant development, U.S. hedge fund Greenlight Capital has disclosed, it has… Read More ›
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