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Yoox agrees Net-a-Porter deal
2015-03-31 10:55:05| BBC News | Business | UK Edition
Italian online fashion retailer Yoox agrees an all-share merger deal London-based rival Net-a-Porter.
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Serco agrees to sell its Great Southern Rail to Australia's Allegro Funds
2015-03-31 01:00:00| Railway Technology
UK-based Serco Group has agreed to sell its Great Southern Rail (GSR) business to Australian private equity firm Allegro Funds for an enterprise value and cash consideration of 2.5m.
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MTU America Inc., Agrees To Conduct Proper Testing To Ensure Engines Meet Air Pollution Standards
2015-03-30 05:53:45| pollutiononline Home Page
MTU America Inc. (MTU), a subsidiary of Rolls-Royce Power Systems AG, will implement an auditing program to ensure proper emissions testing and compliance with federal emission standards for its heavy-duty diesel non-road engines as part of a settlement to resolve alleged Clean Air Act violations, the U.S. Environmental Protection Agency (EPA) and the Department of Justice and announced recently
Kraft Foods agrees Heinz merger
2015-03-25 18:19:00| Daily beverage news and comment - from just-drinks.com
Kraft Foods, the owner of soft drink pouch range Capri Sun, is to merge with fellow food giant Heinz.
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Telefonica agrees sale of O2 UK to 3 for GBP 10.25 billion
2015-03-25 08:45:00| Telecompaper Headlines
(Telecompaper) Hutchison Whampoa reached an agreement with Telefonica to buy O2 UK for GBP 10.25 billion. The price includes an initial payment of GBP 9.25 billion and an additional GBP 1 billion to be paid once the combined O2 and 3 UK reach a certain cash flow. Telefonica said it plans to use much of the proceeds to pay off its debt. It first announced talks on the sale of O2 in January. Pending approval by regulatory authorities, the companies aim to close the deal by mid-2016. The operators plan to seek competition clearance from the EU. The merger of O2 with Hutchison's 3 UK will create the UK's largest mobile operator, with almost 33 million customers.
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