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Nokia buys Siemens stake in joint unit for $2.2 billion [Global Data Point]
2013-07-07 06:57:10| Industrial Machines - Topix.net
NOKIA Oyj agreed to buy Siemens AG's stake in the companies' telecommunications-equipment venture for a 1.7 billion , putting an end to their six-year partnership.
Panasonic to buy stake in Slovenia's Gorenje
2013-07-05 19:04:52| Appliances - Topix.net
Japanese consumer electronics firm Panasonic Corp will buy up to 13 percent of Gorenje, one of the biggest household appliance makers in Eastern Europe, as it aims to tap growing demand in the region.
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Unilever raises stake in HUL to 67.28% via open offer
2013-07-05 08:01:46| Food - Topix.net
Anglo-Dutch consumer goods giant Unilever PLC has increased its stake in the Indian arm Hindustan Unilever Ltd to 67.28 per cent, following an open offer which commenced on June 21 and closed yesterday.
Lotte Confectionery to acquire majority stake in Kazakhstan candy firm Rakhat
2013-07-05 01:00:00| Food Processing Technology
South Korean confectioner Lotte Confectionery has entered into an agreement to acquire a 76.2% stake in Kazakhstan-based candy firm Rakhat in a deal worth $156.6m.
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INDIA/UK: Diageo takes control of United Spirits with further stake buy
2013-07-04 20:12:46| Beverages - Topix.net
Diageo has completed the latest round of its United Spirits purchase, and is now the major shareholder in the Indian firm.
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