Parmalat SpA, the Italian dairy group that went broke about four years back, has reached a deal for an out-of-court settlement with the Italian bank Intesa Sanpaolo. The private arrangement between the two companies, which was announced on Sunday, is...
Renowned carmaker BMW announced Friday that it is planning to discharge thousands of workers as a step to combat increasing costs and rivalry from its competitors such as Mercedes. This action would mark the company's first noteworthy layoff in a span...
The assumption held by experts regarding Indian business's latest fad for 'joint ventures' following TATA's example has once again been proved. Praj Industries following latest mantra of various business honchos has tied up with Brazil's Jaragua...
The blogging software and services company, Six Apart has sold its topic-based blogging communities network LiveJournal Inc. to SUP, a Russian based international media company. The deal comes expected as the two firms have been working together for...
The private equity owners of the world famous publisher, the Guinness Book of World Records have put up their business for sale and the tag says £60m. Hit Entertainment which also owns brand like Bob The Builder and Pingu, is owned by private equity...
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