INTERNATIONAL. Kraft's recent announcement to split its operations into two publicly traded companies outlines a plan to create two different trading entities with distinct priorities and strengths.
This is intended to help the company achieve the next stage of its ongoing restructuring process, since its acquisition of Cadbury in January 2010.
Kraft is now bundling and spinning off its US Beverages, Cheese, Convenient Meals and Grocery segments, the non-snack categories in Canada and its foodservice operations, which are worth an estimated US$16 billion in sales in total.
The larger of t
INTERNATIONAL. The luxury department store chain hired Goldman Sachs to explore strategic alternatives, including a possible sale, according to a source briefed on the matter.
UAE. Arqaam provides MENA's largest optical retail chain with M&A advisory services, as well as assistance in raising acquisition financing for the transaction.
INTERNATIONAL. Workers' safety in Bangladesh could be improved if western retailers use NGOs to report on conditions, says Warwick Business School's Professor Michael Mol.
JORDAN. Significant minority equity stak in one of the largest producers of frozen and chilled food products in Jordan; First investment in Jordan by Carlyle.
UAE. MECSC and ICSC's role locally is to support, promote and develop the Shopping Centre industry in the MENA Region largely through advanced education programs.
BAHRAIN. The encompasses a 4-month intensive retail training course for new Bahraini recruits of AZADEA Group, one of the region's largest lifestyle and fashion retailers in the MENA region.
UAE. The investment was made at the height of the global financial crisis and served to recapitalize and strengthen Jawad Business Group's balance sheet.
iNTERNATIONAL. Control over Homs will enable al Assad to rapidly move forces from the north to the south to meet emerging rebel threats. It will also provide a key avenue of retreat to the Alawite coast in the event that he needs to flee Damascus.
INTERNATIONAL. A government that slaughters its people and maims a whole generation is not a government with whom to negotiate. It is nothing short of travesty that the Obama administration is still mired in the illusion that a political solution is possible.
UAE. MENA accounts for 6% of global smartphone shipments but less than 0.1% of mobile advertising; Regional companies are behind global trends allocating only 6%-7% of advertising on digital; Only 2%-3% of digital budget is allocated to mobile and tablet advertising.
UAE. MENA accounts for 6% of global smartphone shipments but less than 0.1% of mobile advertising; Regional companies are behind global trends allocating only 6%-7% of advertising on digital; Only 2%-3% of digital budget is allocated to mobile and tablet advertising.
UAE. Dubai and Qatar deserve to be upgraded T. Rowe Price Group said, after the emirates failed to satisfy the index provider's requirements for four years.
INTERNATIONAL. The luxury department store chain hired Goldman Sachs to explore strategic alternatives, including a possible sale, according to a source briefed on the matter.
INTERNATIONAL. Nothing new is coming online anytime soon and movement on developing renewable energy resources has been sadly inadequate. The idea that shale reservoirs will lead the US to energy independence will soon enough be recognized as unrealistic hype.
iNTERNATIONAL. Control over Homs will enable al Assad to rapidly move forces from the north to the south to meet emerging rebel threats. It will also provide a key avenue of retreat to the Alawite coast in the event that he needs to flee Damascus.
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