Zoomlion believes the deal offers strategic benefits to both companies since Terex's main products are aerial work platforms, cranes and material handling equipment

Gruppo Campari to buy out French distiller Grand Marnier

16 Mar 2016

Gruppo Campari will initially acquire about 20 per cent of the shares from the family that controls Grand Marnier and acquire the remainder of the family's holdings by 2021

Valeant Pharmaceuticals cuts revenue forecast by 12%

15 Mar 2016

49% FDI ceiling in defence not attractive: Airbus

15 Mar 2016

European aircraft manufacturer Airbus Group today cautioned that the 49 per cent foreign direct investment limit in the defence sector cannot fetch India the industry or the right original equipment manufacturer that it is eying under its ‘Make in India’ initiative

Avon to cut 2,500 jobs, move corporate headquarters to the UK

15 Mar 2016

Campari close to buying global distribution business of French cognac maker Grand Marnier Group

15 Mar 2016

Apollo Global to buy US specialty grocery retailer Fresh Market for $1.36 bn

15 Mar 2016

China's Anbang launches hostile $12.84-bn bid for Starwood Hotels

14 Mar 2016

A consortium led by China's Anbang Insurance Group has launched an unsolicited $12.84-billion bid to acquire Starwood Hotels and Resorts, potentially derailing the already planned takeover of the US hotel operator by Marriott International

Xiaomi seeks nod for stores in India, plans more factories

14 Mar 2016

Waldorf's Chinese owner Anbang to buy Strategic Hotels for $6.5 bn

14 Mar 2016

The Beijing-based insurer has recently made a push into buying overseas assets and made some high profile acquisitions

India bans Pfizer, Abbot cough syrups; shares tank

14 Mar 2016

The centre has banned Pfizer’s Corex and Abbot Laboratories’ Phensedyl after a panel of experts found the codeine-based drugs had ‘no therapeutic justification’ and were leading to addiction as well as smuggling

Oil prices may have finally bottomed out: IEA

14 Mar 2016

The uptick in oil prices from a January low of $28.5 a barrel to around $40 now does not necessarily mean the worst is over, but supply and demand will probably find a balance in 2017, says the International Energy Agency

Apollo Global close to buying US grocery retailer The Fresh Market for around $1.3 bn

12 Mar 2016

Energy Transfer in talks to sell Sunoco worth over $3.3 billion

12 Mar 2016

Associations

Industry - general

Industry monitor

Page no. 156 of 740

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