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Thailands CP Foods to invest $763m in 2015 in expansion

2015-03-19 01:00:00| Food Processing Technology

Thailand-based meat and animal feed producer Charoen Pokphand Foods (CP Foods) is planning to spend between $611m and $763m in 2015, primarily on overseas expansions and acquisitions.

Tags: in expansion foods invest

 

KKR, Baidu, Coatue to invest $170 million in China online used-car platform

2015-03-18 07:23:45| Auto Dealers - Topix.net

Private equity firm KKR & Co LP, search engine Baidu Inc and hedge fund Coatue said on Wednesday they will jointly invest $170 million in Chinese online used-car auction firm Uxin, aiming for a piece of the booming used-car market. Uxin will use the funds to expand a newly launched platform where auto retailers sell used cars to individuals, the companies said in a joint statement.

Tags: online china million platform

 
 

Auto Parts Retailers An Attractive Segment To Invest

2015-03-17 18:19:33| Auto Parts - Topix.net

Stocks of major auto parts retailers, with the exception of Pep Boys have been on the upswing since the last quarter of 2014 due to a combination of factors and given current trends; the auto parts sector presents an attractive buying segment despite the current elevated levels. A reviving economy, lower unemployment and even lower fuel prices are all contributing to people driving more than they have been for the last few years, and this is good news for the auto parts retail businesses like AutoZone , O'Reilly Automotive and Advance Auto Parts .

Tags: auto parts attractive segment

 

Brown-Forman to Invest More in Old Forester

2015-03-17 05:15:26| Beverages - Topix.net

Brown-Forman Corp. said it plans to invest an additional $20 million on a $50 million effort to revive its Old Forester bourbon brand and named Brown family member, Campbell Brown, president of the unit, which sold just 112,000 cases last year, down from its 1972 peak of 1 million cases. The decision comes amid a bourbon rage that Old Forester has basically missed out on.

Tags: old invest forester brownforman

 

UK to invest 60m in station improvements

2015-03-16 01:00:00| Railway Technology

The UK Government has announced a 60m station improvement fund, which aims to offer a better travel experience to rail commuters in the country.

Tags: station improvements invest 60m

 

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