Coca-Cola eyes GSK’s Horlicks post the acquisition of Costa Coffee
Soft drink giant Coca-Cola is reportedly planning to bid for GlaxoSmithKlines (GSK) Indian beverage Horlicks for approximately USD 3.9 billion. As per trusted sources, the first round of bids will be ....
Negros biomass firm to introduce three new biomass facilities
Negros Island Biomass Holdings, Inc. (NIBH), a biomass power generation firm has reportedly lined up three biomass projects in Negros Occidental, Philippines. As per trusted sources, the expansion str....
Clearway Energy Group acquires SunPower’s 4.7GW solar assets
Clearway Energy Group, a new company set up by Global Infrastructure Partners, has reportedly announced to have acquired 4.7 gigawatts utility-scale solar projects of SunPower Corporation across 16 st....
Lucid Energy inks natural gas processing deal with Marathon Oil
Dallas-based natural gas pipeline and processing company, Lucid Energy Group, has reportedly signed a long-term deal with Marathon Oil Corporation’s subsidiary, Marathon Oil Permian LLC. As per trus....
Coffee giant Starbucks inaugurates its first branch in Italy
Starbucks, the U.S. based coffee giant, has reportedly announced the opening of its sprawling Starbucks Reserve Roastery in Milan. As per trusted sources, the store is the first café of the multina....
BYD and Kostal ink strategic partnership for providing energy storage
BYD, a Chinese battery manufacturer headquartered in Shenzhen, has reportedly signed an agreement with Germany-based inverter maker Kostal for a new strategic partnership further aimed at providing en....
ABB secures an ENMCS deal by Petronas to upgrade Malaysian refinery
Leading automation and technology provider ABB has reportedly announced to have secured a contract to install an electrical network monitoring and control system (ENMCS) at the crude oil refinery of P....
PepsiCo targets 50% recycled plastic in bottles for EU by 2030
Multinational beverage giant PepsiCo is reportedly aiming to use about 50% recycled plastic in its bottles throughout the European Union by 2030. Citing reliable sources, this target will apply on ....
Hometown Food acquires a portfolio of Smucker’s brands for $375mn
A Chicago-based Hometown Food Company owned by private equity firms Brynwood Partners VII L.P., and Brynwood Partners VIII L.P., has recently closed the USD 375 million purchase deal to acquire a port....