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UPDATE 1-United Airlines to pay $100 mln for Azul stake, for foothold in Brazil

2015-06-27 00:27:28| Airlines - Topix.net

United Airlines has agreed to pay $100 million for a 5 percent stake in Azul SA, Brazil's third-biggest airline, as it attempts to catch up with U.S. rivals with more established ties in South America's biggest air travel market. Azul's founder and chief executive, David Neeleman, who also founded JetBlue Airways Corp, announced the deal on Friday.

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Unable To Find A Foothold, Marvell Keeps Sliding

2015-05-23 21:37:42| Semiconductors - Topix.net

Marvell's doomed attempt to stay involved in baseband continues to take its toll, but networking and storage are showing troubling weakness too. Bulls may be right about Marvell owning/developing good IP and technology, but an inability to translate that into products that take market share is a serious competitive issue.

Tags: find unable sliding foothold

 
 

Coke is buying a $400 million foothold in China's fast-growing 'multi-grain drinks' market

2015-04-17 20:31:43| Beverages - Topix.net

Coca-Cola Co has agreed to buy the beverage business of China Culiangwang Beverages Holdings Ltd for $400.5 million including debt, to get a foothold in the fast growing multi-grain drinks category. The deal marks Coke's first takeover in China since the country's antitrust regulator blocked its bid to buy local fruit juice maker Huiyuan in 2010.

Tags: market million buying drinks

 

As China's luxury car wave ebbs, foreign firms seek domestic foothold

2014-11-19 01:16:07| Automakers - Topix.net

Daimler AG will give its new luxury baby, the Mercedes-Maybach limousine, a glitzy world debut at this week's Guangzhou autoshow, even as analysts warn the end is nigh for China's 10-year high-end car sales boom. The scale of the world's biggest auto market means the German firm and peers like Jaguar Land Rover simply can't ignore it.

Tags: car foreign domestic seek

 

As China's luxury car wave slows, foreign automakers seek domestic foothold

2014-11-18 15:14:13| Auto Dealers - Topix.net

Daimler will present its new ultraluxury Mercedes-Maybach subbrand at this week's Guangzhou auto show, even as analysts warn that the end is approaching for China's 10-year high-end car sales boom. The scale of the world's biggest auto market means Daimler and rivals such as Jaguar Land Rover simply cannot ignore it.

Tags: car foreign domestic seek

 

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