BANGLADESH > Japan Tobacco Inc. to acquire Bangladesh based United Dhaka Tobacco business, a subsidiary of Akij Group for $1.47 billion

Japan tobacco logo Japan Tobacco Inc. is set to invest $1.47 billion to acquire United Dhaka Tobacco business, a subsidiary of Akij Group, the single biggest FDI in Bangladesh. United Dhaka Tobacco Company Limited holds about 20 percent market share of Bangladesh’s cigarette market only behind British American Tobacco. $1.09 billion will be utilized to buy shares of Dhaka Tobacco and $386 million More …

BRAZIL > Canada based Alberta Investment Management Corporation and Brazil based IG4 Capital are set to invest R$ 400 Million ($107 million) in Brazil based Iguá Saneamento S.A.

Aimco logo Canada based Alberta Investment Management Corporation and Brazil based IG4 Capital are set to invest R$ 400 Million ($107 million) in Brazil based Iguá Saneamento S.A. The transaction which is expected to close within 50 days is subject to customary closing conditions and the investment will ensure to explore new opportunities in the Brazilian water and sewage sector. IG4 Capital More …

INDIA > UK based HH Global is set to expand to Mumbai, India by opening a new office

hh global UK based marketing firm – HH Global is set to open a new office in Mumbai, India. The new office will be a work space of 13,500 square feet and will be located in Lotus Corporate Park. Features of the particular office includes large kitchen which is considered a space of collaboration and innovation, creative spaces and expanded departments and More …

CANADA > Germany based Brenntag is set to expand in Canada by Acquiring the Chemicals Distribution Business of Canada Colors and Chemicals Ltd.

brenntag logo A leader in chemical distribution business, Brenntag has signed an agreement with Canada Colors and Chemicals to acquire the latter company’s chemical distribution business. Colors and Chemicals chemical distribution business serves a diversified customer base in industries such as Life Sciences, Water Treatment, Coatings, Construction, Energy and Mining and offers a full line portfolio with operations in industrial Canada. According More …

CHINA > US based Tesla is set to build a massive car factory in Shanghai, China with $5 billion investment

tesla logo Signing agreements with Chinese authorities, US based Tesla’s Chief Executive Elon Musk is set to open a China car factory in the city of Shanghai. Giving access to the biggest car market in the world, the China factory is expected to have an annual capacity of 500,000 cars. Having a production unit is particularly beneficial in China as tariff in More …

UK > Canada based Avison Young is set to acquire UK based Wilkinson Williams LLP opening new office in London’s West End

Avison Young According to the Chair and CEO of Avison Young, Mark E. Rose, Avison Young has acquired legal advisory firm based in U.K. – Wilkinson Williams LLP and has opened a new office in London’s West End. Founded in 1991, Wilkinson Williams has been the leading advisory specialist firm acting in the U.K.’s out-of-town retail market. Representing many leading landlords and More …

USA > Ireland based Total Produce, plc. is set to acquire 45 % of USA based Dole Food Company

Total produce logo David H. Murdock, owner of Dole Food Company, is set to sell 45% equity stake in Dole Food Company to Ireland based Total Produce, plc. The transaction has received approval from European Commission. According to David Murdock: “I am excited for the future of Dole in our relationship with Total Produce. They have a long and successful history in the More …

GERMANY > US based AMETEK is set to acquire Germany based Motec GmbH

ametek logo Motec GmbH is a Germany based leading provider of integrated vision systems that serves the high growth mobile machine vision market and is set to be acquired by USA based AMETEK. Providing ruggedized vision products and integrated software solutions, Motec provides its customers with improved operational efficiency and enhanced safety across a variety of critical mobile machine applications in transportation, More …