Revlon reenters salon business with Colomer buy

Revlon reenters salon business with Colomer buy

Reuters Cosmetics maker Revlon Inc will buy Spanish beauty care company The Colomer Group for $660 million, reacquiring a professional products business it sold 13 years ago. Colomer Group, owned by CVC Capital Partners, manufactures and sells products such as Revlon...
China’s Greenland Buys Stake in Los Angeles Project

China’s Greenland Buys Stake in Los Angeles Project

Bloomberg Shanghai Greenland Group Co., the developer building one of China’s tallest towers, is investing $1 billion in a downtown Los Angeles project, the latest Chinese builder to venture overseas. Shanghai Greenland signed an agreement to acquire a stake in the...
Keppel T&T unit acquires 60% stake in Guangdong port company

Keppel T&T unit acquires 60% stake in Guangdong port company

Straits Times A subsidiary of Keppel Telecommunications & Transportation (Keppel T&T) has agreed to buy a 60 per cent stake in Foshan Sanshui Port Development Co, a Chinese company engaged in the development and operations of a port in Sanshui District in...
NSW power station sale to EnergyAustralia unwinds Labor deal

NSW power station sale to EnergyAustralia unwinds Labor deal

The Australian THE NSW government has sold two of its major power stations to EnergyAustralia, effectively unwinding Labor’s “Gentrader” deal and taking a further step towards the total privatisation of the state’s power industry. Mt Piper and...
Revlon reenters salon business with Colomer buy

Hanesbrands to buy lingerie rival Maidenform Brands

Reuters Wonderbra owner Hanesbrands Inc will spend $547 million to buy rival Maidenform Brands Inc, where sales have been flagging, and expand its range of lingerie for younger consumers. * $547 mln deal for $23.50 per share, premium of 23 pct * Hanesbrands to fund...
Cisco Agrees to Acquire Sourcefire for About $2.7 Billion

Cisco Agrees to Acquire Sourcefire for About $2.7 Billion

Bloomberg Cisco Systems Inc., the biggest maker of networking equipment, agreed to acquire Sourcefire Inc. for about $2.7 billion, adding anti-hacking technology used extensively by the U.S. government. Cisco will pay $76 a share in cash, the San Jose,...