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Does This Deal Tip OXXO's Hand?

2015-10-11 00:10:27| Beverages - Topix.net

With Japanese retailer FamilyMart in the process of shutting down its Famima!! convenience stores and Tesco's foray fading from memory after the British retailer sold its small-format Fresh & Easy grocery stores, the current trend of foreign companies planting new U.S. convenience-store flags is downward. One exception appears to be Fomento Economico Mexicano SAB de CV , owner of the OXXO chain of convenience stores in Mexico.

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Buying a new car: when to get the best deal

2015-10-10 23:20:11| Auto Dealers - Topix.net

Car dealers typically tell customers "any day is the best day," but there are certain incentives to buying a vehicle in the fall. "Historically this time of the year in the fall we have the change from one model year to the other," said Blair Qualey, President and CEO of the New Car Dealers of B.C. In an effort to stimulate sales, a number of incentives like cash rebates kick in, as many car dealerships and manufactures are more motivated to sell their older inventory simply because they need space.

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How Oil Search deal found trouble in Papua

2015-10-10 11:55:55| Oil & Gas - Topix.net

Most are in their bespoke suits, one or two are in shorts and thongs to cope with the pressure and the heat. "He was harassing me like nobody's business," says one senior PNG source, describing how an Australian banker from UBS had been tailing him and aggressively hurling instructions.

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UTi Worldwide agrees to acquisition by DSV in $1.35 bn deal

2015-10-10 05:09:55| Logistics - Topix.net

Our eNewspaper network was founded in 2002 to provide stand-alone digital news sites tailored for the most searched-for locations for news. With a traditional newspaper format, more than 100 sites were established each with a newspaper-type name to cover the highest-ranked regions, countries, cities and states.

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Dell in talks for USD 40 bln to finance EMC deal - report

2015-10-09 10:29:00| Telecompaper Headlines

(Telecompaper) Dell is looking for USD 40 billion in financing for the acquisition of storage company EMC, the Financial Times reported, citing people people familiar the matter. Dell has approached JPMorgan, Bank of America Merrill Lynch, Barclays and Credit Suisse, among other banks. The company is working with Silver Lake, the Silicon Valley private equity company that backed its own USD 25 billion buyout two years ago. Dell hopes to acquire EMC's core storage business along with a majority stake in VMware, the data centre software company that is EMC's most valuable asset. The company owns an 80 percent stake in VMware that is worth some USD 27 billion. Dell is planning to offer more than USD 27 a share for its target, according to the people familiar with its plans. Both companies, as well as the banks and Silver Lake, declined to comment.

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