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Man Utd signs 750m Adidas kit deal

2014-07-14 15:09:28| BBC News | Business | UK Edition

Adidas will pay 75m a season to make Manchester United's kit for the next 10 years, after Nike ended its 13-year partnership.

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SRI LANKA: Brandix encouraging innovation through SLIC deal

2014-07-14 13:41:23| Daily apparel & textile news and comment - from just-style.com

Apparel export giant Brandix has signed an MoU with the Sri Lanka Inventors Commission (SLIC), through its Disrupt Unlimited start-up, as part of its efforts to encourage innovation in the country's textile and apparel industry.

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SoftBank reaches deal on T-Mobile takeover - report

2014-07-14 09:21:00| Telecompaper Headlines

(Telecompaper) SoftBank has reached a basic agreement to acquire T-Mobile US from Deutsche Telekom, the Nikkei reported. The two sides are still ironing out the details, and the deal would need clearance from US regulators. The Japanese carrier plans to buy more than 50 percent of T-Mobile shares through Sprint from Deutsche Telekom, which owns a roughly 67 percent interest. SoftBank will pay cash and use stock swaps to cover the estimated purchase cost of more than USD 16 billion, the report said. Eight financial institutions will bankroll the deal with credit lines of about JPY 4 trillion. Deutsche Telekom is reportedly concerned that T-Mobile's competitiveness will suffer if capital investment is put off during the regulatory approval process or if the deal is not approved. It is asking SoftBank to compensate if this happens. The two sides apparently have not finalized several other conditions as well, the Nikkei said. 

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Embraer and Trans States Sign Deal for up to 100 E175-E2s

2014-07-14 06:00:00| Industrial Newsroom - All News for Today

FARNBOROUGH, United Kingdom - Embraer S.A. announced today, at the 2014 edition of the Farnborough International Airshow, that it has received an order for 50 E175-E2 jets from Trans States Holdings, parent company of Trans States Airlines, Compass Airlines and GoJet Airlines. The agreement also includes options for an additional 50 units, taking the total order potential to 100 aircraft. Deliveries are scheduled to begin in June 2020.<br /> <br /> The order, which is valued at approximately ...This story is related to the following:Aircraft |

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Let's talk deal: Anheuser-Busch InBev and SABMiller

2014-07-14 05:35:42| Beverages - Topix.net

Talk about a merger between Anheuser-Busch InBev and SABMiller has picked up again this summer with many industry insiders forecasting a deal between the beer giants will be completed this year or in 2015.

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