CANADA > US based fast food chain Chick-fil-A is expanding to Toronto

chick fil a logo US based Chick-fil-A Inc. is set to expand to Toronto next year. Chick-fil-A is an Atlanta based fried chicken seller and the company plans to open 15 locations in Toronto area over the next five years with three in 2019. Seventh biggest fast food chain in the US by annual sales number, Chick-fil-A plans to experience and learn from Toronto as More …

AUSTRALIA > UK based IHG is set to expand its portfolio of luxury resort in Australia with signing on Hayman Island

IHG logo IHG is taking over the management of Hayman Island and re-branding it as “Hayman Island by InterContinental” in Australia. Set to open in 2019 the 166 room hotel is the only property on the 400 hectare island. The resort boast world- class facilities, rooms and suites is set on one of the most unique locations in the world. To access More …

UK > USA based TripActions is set to open offices in Amsterdam and London as a part of international expansion

tripactions The corporate travel management company, TripActions is set to open two offices in Europe in Amsterdam and London as a part of its global expansion strategy. The EMEA operations will be headquartered in Amsterdam and London office will support its key customers and travelers. A first end- to- end travel startup, TripActions aims to establish its global footprint while competing More …

FRANCE > USA based ezCater is set to acquire France based GoCater

ezcater logo As its first ever international expansion, US based ezCater is set to acquire France based GoCater. ezCater lets one order breakfast, lunch or dinner from 10 to  100 people and is particularly useful to impress a client, throw an office party and get lunch together during an offsite. ezCater is a marketplace and doesn’t cook anything itself. It serves its More …

CHINA > Spain based SEAT is set to team up with Volkswagen Group China and JAC

seat logo SEAT is teaming up with Volkswagen Group China and Anhui Jinghuai Automobile Group Corp, Ltd (JAC) in China. SEAT signing of the Memorandum of Understanding and becomes a shareholder of JAC Volkswagen which will also include the introduction of the SEAT brand in the Chinese market targeting 2020-2021. SEAT will also actively participate in the creation of an R&D center More …

CANADA > USA based Michelin is set to acquire Canada based Camso for $1.45 billion

michelin logo Michelin is set to invest $1.45 billion for the acquisition of Camso which also makes specialty tires including snowmobile tracks. The deal is expected to generate $55 million in higher sales by 2021 while lowering the expenses. Closely held Camso, which has had sales of $1 billion’s headquarters in Magog, Quebec will be the two companies off road operations center. More …

USA > France based Atos is set to acquire USA based Syntel for $3.4 billion

atos logo Boosting its North American operations, French IT firm, Atos, is set to acquire USA based Syntel Inc. for $3.4 billion. Atos provides IT services for sectors such as aerospace to retail while the acquisition of Syntel will strengthen its activities in sectors such as banking, finance and insurance. According to Atos Chief Executive Thierry Breton: “[The deal] will significantly enhance More …

USA > JAPAN based Otsuka Pharmaceutical is set to acquire USA based Visterra for approximately $430 million

otsuka logo In an all cash transaction, Japan based Otsuka Pharmaceutical is set to acquire USA based Visterra Inc. for approximately $430 million. The transaction has been approved by boards of directors of both companies and the deal is subject to customary closing conditions, including expiration or termination of the waiting period under U.S. antitrust laws and is expected to close in More …