Thai Property Developer to Buy Dean & DeLuca

Related Link: 

Thai property developer Pace Development Corp. agreed to buy gourmet food brand Dean & DeLuca for $140 million with intentions to boost the chain’s footprint.

Redbox Raising DVD Rental Price by 25%

Related Link: 

Redbox is raising its DVD rental price by 25%, in a move that could improve the company’s stagnant bottom line and help the Outerwall Inc. unit invest in new technology.

French Box Shipper Eyes Short-Sea Deal

Related Link: 

France’s CMA CAGM, the world’s third-biggest container-shipping operator by capacity, is in talks to buy a specialist German operator of short-distance cargo ships, a person familiar with the situation said.

Hong Kong Protests Sideline Jeweler

Related Link: 

Chow Tai Fook Jewellery, one of the world’s largest jewelers, is the latest high-profile corporate victim of the pro-democracy protests that have gripped Hong Kong for nearly two months.

Onex Buys Packaging Firm

Related Link: 

Canadian private-equity firm Onex Corporation said it would pay $4.64 billion to buy carton-packaging maker SIG Combibloc from Reynolds Group.

Slim Enters, Soros Exits in Spain

Related Link: 

Fomento de Construcciones y Contratas said that a firm controlled by Mexico’s Carlos Slim may take over a large stake in the debt-laden Spanish builder after earlier talks with billionaire George Soros broke down.

BHP Outlines Plan to Cut Costs

Related Link: 

BHP Billiton outlined plans to cut costs further and curb investment spending, as the world’s biggest miner by market value looks to simplify and strengthen its business amid falling commodity prices.

Hedge Funds Bet on Coal-Mining Failures

Related Link: 

Hedge funds are betting that some of the largest U.S. coal companies are heading for the financial slag heap.

Christie's Hong Kong Sale Hits $82 Million

Related Link: 

Buyers snapped up works by Japanese and Southeast Asian artists at Christie’s evening sale in Hong Kong totaling $82 million.

AIG Case Could Turn on Nonstar Witnesses

Related Link: 

As testimony wraps up in the long-running trial on AIG’s bailout, testimony from two low-profile witnesses from early in the proceedings may turn out to be the key.

Syndicate content