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International Business

  • Former SAP Executive Joins Vision Chain Advisory Board

    Vision Chain Inc. announces Uli Werner, former SAP executive, as the newest member on its Advisory Board.

  • Georgia-Pacific Promotes Executive Vice Presidents

    Georgia-Pacific LLC promotes Kathleen A. Walters, previously group president -- U.S. retail tissue and international consumer products; and Christian Fischer, previously group president -- packaging, to expanded leadership roles as executive vice presidents.

  • PUMA Welcomes $7 Billion Takeover Bid

    French retailer Pinault-Printemps-Redoute (PPR) made a $7.07 billion (5.3 billion euro) bid to add German sportswear company Puma to its line-up of Gucci and Yves Saint Laurent iconic fashion brands.

  • Nestle to Buy Gerber for $5.5 Billion

    To reinforce its leadership in nutrition, Nestle agrees to acquire Gerber, the iconic U.S. baby food brand, from Novartis for $5.5 billion.

  • VF Sells Intimate Apparel, Buys Additional North Face Business

    VF Corporation completes the sale of its global intimate apparel business to Fruit of the Loom Inc., a subsidiary of Berkshire Hathaway Inc. Proceeds of the sale will consist of the previously disclosed $350 million purchase price, plus adjustment for working capital changes.

  • Hoover to Cut 750 Jobs

    According to the Associated Press, Techtronic Industries Co. Ltd. (TTI) will close Hoover's main campus in North Canton, Ohio, and some manufacturing operations of the vacuum-cleaner business by fall, resulting in 750 job cuts.

  • Infor to Acquire Workbrain

    Workbrain Corporation reaches a definitive agreement with Infor Global Solutions European Finance, S.A.R.L. (Infor) under which Infor will acquire all of Workbrain's outstanding common shares at a price of $12.50 per share in cash pursuant to a statutory plan of arrangement.

  • BP Deploys Global POS System

    BP deploys a global POS system from Retalix.
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