UK-based telecommunications giant Vodafone is reportedly reaching into the automotive services market with its latest acquisition.
According to reports, Vodafone inked a nearly $200 million deal to acquire Italy’s Cobra Automotive Technologies, a solutions firm servicing the automotive and insurance markets, reports say. The transaction will involve a $101 million sale …read more
Hillshire Brands said Monday that its board of directors is looking for the company to abandon its bid to acquire Pinnacle Foods after Tyson Foods won a bidding war to acquire Hillshire last week.
Tyson offered an $8.55 billion offer for Hillshire, beating out Pilgrim’s Pride after a brief bidding war. …read more
The Competition Commission of India has reportedly launched in inquiry into the nation’s airfare costs following sharp hikes and dips in prices.
The CCI has previously probed plane ticket costs to examine whether cartel behavior is leading to higher prices, but has not found evidence of collusion. Now, a source said …read more