Tag archive for ‘Russia’
By businessnewstoday On Friday, April 27th, 2018

Lamb Weston, Belaya Dacha open Lipetsk French fry factory in Russia

(adsbygoogle = window.adsbygoogle || []).push({}); Food processing news : Lamb Weston / Meijer and Belaya Dacha Group have opened their jointly owned RUB8.7 billion (€115 million) French fry factory More...

By businessnewstoday On Sunday, March 18th, 2018

Japan Tobacco to acquire Russian tobacco company Donskoy Tabak for $1.6bn

Cigarette industry news : Japan Tobacco (JT), a Japanese government-controlled cigarette manufacturing company has made a deal to acquire Russian tobacco company Donskoy Tabak (DT) for about RUB90 billion ($1.6 More...

By businessnewstoday On Thursday, March 1st, 2018

ADM to acquire 50% stake in Russia’s Aston’s syrups and starches business

Food acquisition news : US food processing company Archer Daniels Midland (ADM) has struck a deal to acquire a stake of 50% in the starches and syrups business of Aston Foods and Food Ingredients, a Russian food More...

By businessnewstoday On Saturday, February 17th, 2018

VTB Group buys 29.1% stake in Russian supermarket chain Magnit for $2.45bn

Retail acquisition news : State-controlled Russian bank VTB Group has agreed to buy out a 29.1% stake in Russian supermarket chain Magnit for a sum of nearly RUB 138 billion ($2.45 billion) from its owner and founder More...

By businessnewstoday On Sunday, September 10th, 2017

CEFC China Energy to buy $9.1bn worth stake in Russian oil giant Rosneft

Energy acquisition : In the latest oil and gas industry news, CEFC China Energy Company has agreed to buy a stake of 14.16% in Russian oil giant Rosneft Oil Company for $9.1 billion from the consortium of Swiss More...

By businessnewstoday On Saturday, October 15th, 2016

India’s Essar Oil to be acquired for $12.9bn by Rosneft and Trafigura

In what is the largest FDI deal in Indian history, Russian petroleum giant Rosneft and Dutch-based Trafigura Group have acquired 49% each in India’s Essar Oil Limited at a total sum of INR 72,800 crore ($10.9 More...