Archive for the 'Acquisitions' Category

Evolution Solar Acquires Hong Kong Procurement Company

Wednesday, July 2nd, 2008

Following its announcement of plans to develop thin-film solar modules, Evolution Solar Corp. recently signed a letter of intent to acquire a Hong Kong-based R&D and procurement company.
“The process of purchasing the Hong Kong-based R&D company is tracking well,” says Robert Kaapke, CEO of Evolution Solar. “We believe better engineering and technological innovations are the […]

EU clears Deutsche Post US$6.48b takeover of Exel

Friday, November 25th, 2005

BRUSSELS, Belgium: EU regulators on Thursday cleared German mail and package delivery firm Deutsche Post to buy British-based Exel PLC for euro5.5 billion ($6.48 billion), making it the world’s largest global delivery firm.
The European Commission said the takeover would see Deutsche Post significantly increase its market share for air freight forwarding in Finland, Hungary […]

Prestige Procurement Asia Agrees to Purchase SiteWorks Stock From the Market and Manage Marketing and Investor Relations in Asian Markets

Thursday, August 11th, 2005

MIAMI, Aug. 10, 2005 (PRIMEZONE) — SiteWorks Building and Development Co. (OTCBB:SWKJ), announced today that the company has the agreed to appoint Prestige Procurement and Networking Services (Prestige) as its representative in Asia. As a result of the discussion held a week prior to the signing of the service agreement yesterday enabling Prestige to operate […]

Liberty Group acquires 100 per cent stake in logistics venture

Monday, August 1st, 2005

In one of the major regional acquisitions, Dubai-based Liberty Investment Company (LIC) announced today that it had concluded an agreement with international freight-forwarding and logistics company, Air-Tiger Express (ATE), to buy out all of the latter’s shares in their joint venture, ATE-Liberty Logistics.
Air-Tiger Express, a well-known consortium of trans-Pacific and North American logistics companies, stated […]