Posts By: businessnewstoday

Cigarette industry news : Japan Tobacco (JT), a Japanese government-controlled cigarette manufacturing company has made a deal to acquire Russian tobacco company Donskoy Tabak (DT) for about RUB90 billion ($1.6 billion). Japan Tobacco acquisition of Donskoy Tabak is to help the Japanese firm to strengthen its leading position in Russia, which is among the top […]

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Carrefour acquisition of Quitoque : Carrefour, a French hypermarket chain says that it has acquired a majority stake in French meal kit delivery company Quitoque for an undisclosed price. Through the investment in Quitoque, is expected to grow its food e-commerce offering. Neither the percentage of the stake nor the equity investment has been disclosed […]

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SharkNinja, a US vacuum cleaner manufacturer is set to foray into China from next onwards with the launch of its floor cleaning products – the Shark IONFlex 2X DuoClean Cordless Ultra-Light Vacuum, a cordless vacuum cleaner and Shark Genius Steam Pocket Mop, a steam mop product in partnership with JoYoung. Shark IONFlex 2X DuoClean Cordless […]

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Pharma acquisition news : Danish pharma company Lundbeck has reached an agreement, expected to be worth around $1.1 billion, to acquire Prexton Therapeutics, a Swiss pharma company focused on Parkinson’s drug development. As per the terms of Lund…