Diageo Takes Control of United Spirits to Tap Indian Market
Bloomberg 05 July 2013 Diageo Plc, the world’s biggest distiller, gained control of United Spirits Ltd. after completing the final stage of a transaction to acquire a stake in the Indian maker of Bagpiper whiskey. The London-based company bought a 14.98 percent stake...
China Glory flirts with new Cyprus land deals
Cyprus Property News 06 July 2013 According to unnamed sources, the Hong Kong based conglomerate that acquired the Venus Rock Golf Resort in Paphos is considering buying plots of land in Limassol, Larnaca and Paphos. CHINA Glory International Investment Group, which...
Roche Buys Constitution Medical for $220 Million
Bloomberg Roche Holding AG (ROG) said it bought Constitution Medical Investors Inc., a U.S. blood-testing company, for $220 million plus payments related to development of products. CMI, based in Boston, Massachusetts and created and funded by private-equity company...
Suntory in modest debut, may be Japan’s last big IPO this year
TOKYO, July 3 (Reuters) – Suntory Beverage and Food Ltd managed a modest rise in its debut on Wednesday after a $4 billion IPO, as investors shrugged off volatile markets and rich valuations to buy up what may be Japan’s last big corporate listing of 2013....