Posts By: businessnewstoday

Dove launches new Dove DermaSeries dry skin moisturizers

Cosmetic industry news : Dove, a Unilever personal care brand has launched a new product range – the Dove DermaSeries, a new line up of dry skin moisturizers to help people overcome their dry skin problems. The new dry skin moisturizers under the Dove DermaSeries are fully hypoallergenic and fragrance-free, says Dove. The Dove DermaSeries […]

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Bright Blue Foods to acquire UK cakes and desserts business of Greencore

Food acquisition news : Bright Blue Foods (BBF), a British ambient cake manufacturer has signed a deal to acquire the UK cakes and desserts business of Irish food company Greencore Group for an undisclosed price. The deal, which includes the sale of Greencore Group’s cakes and desserts business in Hull, marks its exit from the […]

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Sanofi to acquire Belgian biotech company Ablynx for €3.9bn

Pharma acquisition news : French pharma company Sanofi has clinched a deal to acquire Belgian biotech company Ablynx for a sum of around €3.9 billion in an all-cash deal. Headquartered in Ghent, Ablynx, which was formed in 2001 as a spin-off of Vlaams Instituut voor Biotechnologie (VIB) and Free University of Brussels (VUB), is into […]

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Cloetta to give up on “unprofitable” Candyking business in Poland

Confectionery industry news : Sweden-based confectionery manufacturer Cloetta has revealed its intentions to exit its Candyking business in Poland after finding it to be unprofitable. Candyking is a Swedish company that manufactures and markets pick and mix confectionery products across Sweden, Finland, the United Kingdom, Norway, Estonia, Latvia, Lithuania, Poland, Denmark, and Ireland. Last year, […]

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Ram Trucks launches 2019 Ram 1500 Laramie Longhorn luxury pickup truck

Automobile industry news : US-based commercial vehicle manufacturer Ram Trucks has launched a new luxury pickup truck branded as 2019 Ram 1500 Laramie Longhorn Edition, and built on strength, durability, technology and efficiency. According to Ram Trucks, the Ram 1500 Laramie Longhorn provides leading-edge innovation to truck buyers with weight reduction of 225 pounds. The […]

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Tata Housing launches Vertillas ultra luxury residences in Gurugram

Indian real estate company Tata Housing has launched an ultra luxury residence project under the name Vertillas at Primanti, a premium residential development located in Sector 72 in the north Indian city of Gurugram. Vertillas, which is claimed to be themed on intelligent design by Tata Housing, is a two storey development that features five […]

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Hess Midstream, Targa to build new LM4 gas processing plant in North Dakota

LM4 gas processing plant : Hess Midstream Partners has formed a 50-50 joint venture with Targa Resources to build a $150 million gas processing plant in North Dakota named as Little Missouri Four (LM4). The new US gas processing plant will have a capacity of 200 million standard cubic feet per day and will be […]

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Wipro acquires minority stake in US marketing services company Harte Hanks

Tech acquisition news : Indian IT company Wipro has acquired a minority stake worth $9.9 million in Harte Hanks, a US marketing services company based in Texas. Harte Hanks specializes in omni-channel marketing solutions. These include consulting, strategic assessment, data, analytics, contact center, digital, social, mobile, print and direct mail. Wipro investment in Harte Hanks […]

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InRetail Peru to acquire Peruvian pharma retailer Quicorp

Retail acquisition news : InRetail Peru, a Peruvian multi format retailer has agreed to acquire Quicorp, a Peru-based pharmaceutical distributor and retailer in the Andean region for $583 million. InRetail Peru acquisition of Quicorp is expected to bolster the operations of the multi format retailer in the pharma sector further, improve its international expansion strategy, […]

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Tesco job cuts 2018 : British retailer Tesco to lay off 1,700 employees

Tesco job cuts 2018 : British grocery store chain Tesco is set to lay off as many as 1,700 employees to streamline its operational structures for better efficiency and provide its line managers more accountability for colleague and customer experience. On the brighter side, the grocery store chain will be creating 900 new roles to […]

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