China’s BYD expands global EV footprint with key investments in Thailand and Turkey
In a strategic move, BYD Co., a Chinese electric vehicle giant, announced plans to acquire a 20% stake in its Thai distributor, Rever Automotive Co. [more…]
Category: Business
Russia’s Rostec and India team up for tank ammo production
In a move that underscores the deepening ties between Moscow and New Delhi, Russia’s state-owned Rostec corporation announced on Thursday that its weapons export unit [more…]
Skydance and National Amusements, a blockbuster deal in the making
In a twist worthy of a Hollywood script, Skydance is on the brink of merging with National Amusements, reviving a deal that seemed dead just [more…]
Maritime giants merge in $1.11 billion deal
Imagine a bustling boardroom in Norway where the high-stakes world of supply shipping and marine services converges. On a seemingly ordinary Tuesday, the Norwegian supply [more…]
Boeing reacquires Spirit AeroSystems to boost safety and quality control
In a surprising move, Boeing has decided to reacquire Spirit AeroSystems, the fuselage maker it spun off nearly two decades ago. This bold all-stock transaction, [more…]
Mizuho Financial Group gears up for M&A boom with strategic banker hires
In a move to seize the rising tide of mergers and acquisitions (M&A), Mizuho Financial Group is ramping up its team of bankers following its [more…]
GS Caltex ventures into cosmetics ingredient supply, GreenDiol set to blossom globally
In a move to diversify its business portfolio, South Korean refiner, GS Caltex, has inked a promising deal with Summit Cosmetics, a subsidiary of the [more…]
Honda enters electric kei van market with October launch
Get ready for a new contender in the electric delivery vehicle arena! Honda Motor is gearing up to unleash a micro-sized electric van this October, [more…]
Lufthansa holds firm amid EU antitrust scrutiny over ITA Airways stake
In the high-stakes world of airline mergers, Lufthansa is holding its ground. The German carrier, eyeing a significant stake in Italy’s state-owned ITA Airways, has [more…]
Beaumanoir takes over Boardriders, reshaping European sportswear market
In a move that has shaken up the fashion and sportswear industry, Beaumanoir, the renowned ready-to-wear conglomerate, has successfully taken over Boardriders, a leader in [more…]