Horizon Global to offload APAC towing and trailering equipment business

(adsbygoogle = window.adsbygoogle || []).push({}); US-based Horizon Global, a manufacturer of towing and trailering equipment, has agreed to divest its Asia-Pacific (APAC) business segment to Pacific Equity Partners for AUD 340 million in cash. (adsbygoogle = window.adsbygoogle || []).push({}); Horizon Global plans to use More...

by businessnewstoday | Published 6 days ago
By businessnewstoday On Thursday, August 8th, 2019

Wipro wins IT & business transformation contract from Aeroports de Montreal

Aeroports de Montreal (ADM), the operator of the YUL Montreal-Trudeau International Airport (YUL) in Montreal, Canada, has awarded a five-year IT and business transformation contract to Indian IT company Wipro.  More...

By Raghuram Kadari On Wednesday, July 31st, 2019

BBA Aviation to sell aircraft parts manufacturer Ontic to CVC Capital

Aviation industry news : BBA Aviation has signed an agreement to sell aircraft parts manufacturer Ontic to private equity firm CVC Capital Partners for an enterprise value of $1.37 billion. (adsbygoogle More...

By Raghuram Kadari On Saturday, July 27th, 2019

TIP Trailer Services to acquire truck and trailer rental company PEMA

TIP Trailer Services acquisition of PEMA : French banking group Societe Generale has entered into an agreement to sell truck and trailer rental company PEMA to TIP Trailer Services, a portfolio company of infrastructure More...

By businessnewstoday On Wednesday, July 3rd, 2019

New Valvoline quick-lube center opened at Cape Cod in Massachusetts

Lubricants and automotive services provider Valvoline said that Henley Companies, its franchisee, has opened a new Valvoline Instant Oil Change (VIOC) service center on Cape Cod in the US state of Massachusetts. The More...

By businessnewstoday On Thursday, June 13th, 2019

KKR to offload KCF Technologies to SKC for $1bn

Global investment company KKR has agreed to sell KCF Technologies (KCFT), a producer of copper foils and flexible copper clad laminates, to South Korean conglomerate SK Group affiliate SKC, for a sum of KRW1.2 trillion More...

By businessnewstoday On Wednesday, May 22nd, 2019

Granite Construction bags rail contract from Virgin Trains USA in Orlando

Granite Construction has bagged a $505 million higher-speed rail project contract from Virgin Trains USA Florida to help the latter expand its services to Orlando, Florida. The California-based construction company More...

By businessnewstoday On Saturday, March 9th, 2019

Michelin acquires 88% stake in Indonesian tire manufacturer Multistada

French tire manufacturer Michelin has completed its previously announced acquisition of a stake of 88% in Indonesian tire manufacturer Multistrada Arah Sarana for $480 million, after securing all the required approvals. The More...

By Soujanya Ravi On Sunday, March 3rd, 2019

Saudi Aramco, Total to invest $1bn in retail fuel network in Saudi Arabia

Saudi Aramco and Total have signed a joint venture (JV) agreement to develop a retail fuel network in Saudi Arabia with an investment of about $1 billion. The 50: 50 JV plans to invest the amount over the next six More...

By businessnewstoday On Saturday, January 26th, 2019

Hyundai Motor suffers first net loss in 8 years as China sales skid

South Korea’s Hyundai Motor surprised the market on Thursday by posting its first quarterly net loss in at least eight years as its vehicle sales slumped in the key China market. Pascale Davies reports. Source: More...