Industry News

State Street Corporation, a provider of financial services to institutional investors, including investment servicing, investment management and investment research and trading. According to GE, this planned sale of GE Asset Management is consistent with GE's efforts to simplify its financial services portfolio and maximise value for shareholders."/>
GE announces completion of sale of GE Asset Management to State Street
Indutrade AB announced on Friday the signing of an agreement to acquire all of the shares in KA Olsson& Gems AB, Sweden, a technical sales company. Financial details of this agreement were not available. KA Olsson& Gems had annual sales of approximately SEK90m."/>
Indutrade acquires KA Olsson & Gems AB in Sweden
Indutrade AB announced on Friday the signing of an agreement to acquire all of the shares in KA Olsson& Gems AB, Sweden, a technical sales company. Financial details of this agreement were not available. KA Olsson& Gems had annual sales of approximately SEK90m."/>
Indutrade acquires KA Olsson & Gems AB in Sweden
Indutrade AB on Friday announced that it has entered into an agreement with the intention to acquire all of the shares in Crysberg A/S, Denmark. Financial details of this acquisition were not available. Crysberg had annual sales of approximately DKK70m."/>
Indutrade to acquire Crysberg A/S
Indutrade AB on Friday announced that it has entered into an agreement with the intention to acquire all of the shares in Crysberg A/S, Denmark. Financial details of this acquisition were not available. Crysberg had annual sales of approximately DKK70m."/>
Indutrade to acquire Crysberg A/S
Arcam report on change in number of votes during June 2016
Arcam report on change in number of votes during June 2016
China's white-collar blues [Bangkok Post, Thailand]
TeamLease Services Ltd on Monday said it has acquired Bengaluru-based ASAP Info Systems Pvt. The company said the acquisition will help it expand its footprint in the core IT hiring space. ASAP Info Systems had a revenue of approximately Rs.63 crore with an Ebitda of Rs.11 crore last fiscal year."/>
TeamLease acquires ASAP Info Systems for Rs67 crore [Mint, New Delhi]
Ultratech Cement Ltd for Rs.15, 900 crore--has run into a snag over its failure to meet some commitments linked to the transaction. The deal, however, has not been called off yet and..."/>
Jaypee Group to review divestment, SDR plans today [Mint, New Delhi]
Copart, Inc. is a leading online re-marketer of vehicles, selling more than 2 million vehicles per year globally and with more than 180 facilities across the world. A large number of those vehicles are traded and shipped across the globe, with a significant number coming into the UAE, for local use or potentially for further export in the region or into Africa."/>
Regulation of Used Vehicle Imports to the UAE
Adani Transmission Ltd, India's largest private power transmission company, on Friday said it will buy a 74% stake in Maru Transmission Service Co. Ltd and a 49% stake in Aravali Transmission Service Co. Ltd. Both are subsidiaries of GMR Infrastructure."/>
Power transmission sector sees growing interest from investors [Mint, New Delhi]
Kingfisher Airlines books go missing [Mint, New Delhi]

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