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Orkla gets nod from Norway to acquire food firm Rieber & Sn

2013-04-24 01:00:00| Food Processing Technology

Norwegian industrial conglomerate Orkla has attained approval from the Norwegian Competition Authority to acquire a 90.11% stake in food firm Rieber & Sn.

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Navios JV signs deal with HSH Nordbank to acquire ten vessels

2013-04-24 01:00:00| Ship Technology

Navios Holdings and Navios Acquisition through their new joint venture 'Navios JV' have signed an agreement to buy ten vessels from German ship lender HSH Nordbank (HSH) for $130m.

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Airtel to acquire Warid Uganda

2013-04-23 14:21:00| Telecompaper Headlines

(Telecompaper) Bharti Airtel said that it has entered into a definitive agreement with the Warid Group to fully acquire Warid Telecom Uganda. With the takeover, Airtel consolidates its position as the second largest mobile operator in the crowded Uganda mobile market, with a combined customer base of over 7.4 million and market share of over 39 percent. The agreement is subject to regulatory and statutory approvals. Airtel currently has 4.6 million customers in Uganda, while Warid counts 2.8 million customers in Uganda. No financial details of the takeover were announced.

Tags: uganda acquire airtel warid

 

ABB to acquire US solar energy company Power-One for $1bn

2013-04-23 10:00:00| Power Technology

Swiss power and automation group ABB has agreed to acquire US-based solar energy firm Power-One for approximately $1bn, in a bid to expand its presence in the solar inverters market.

Tags: company energy acquire solar

 

Royal Bahamas Defence Force to acquire long-range patrol vessels

2013-04-22 10:10:00| Naval Technology

The Bahamas Government has signed a letter of intent with Damen Shipyards Group for the procurement of nine vessels and construction of three naval bases for the Royal Bahamas Defence Force, under a six-year acquisition programme.

Tags: force royal bahamas acquire

 

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