US tobacco company Reynolds American sells its brand Natural American Spirit to Japan Tobacco for $ 5 billion, according to the company’s press release. The transaction is expected to be approved by antitrust regulators in early 2016 and will be closed shortly thereafter. The deal includes the rights to use the brand and related trademarks only in international markets, while Santa Fe Natural...

On Monday, Royal Dutch Shell announced the termination works on the exploration and production of oil in the Arctic for "the foreseeable future". This decision was taken after "disappointing" results of activities, on which the company has already spent $ 7 billion. The company's activities in the Arctic received harsh criticism from environmental non-governmental organizations, politicians and...

2nd of November, Hyundai Motors starts recall of 470 000 sedans Hyundai Sonata, made from 2011 to 2012, in the United States. A fault in the 2- and 2.4-liter gasoline engine, which can cause them to break, forced the company to withdraw the best-selling cars in America. In documents filed to the National Highway Traffic Safety Administration, NHTSA, on Friday, the company said that engines,...

China and Boeing signed the largest in the company's history deal for the supply of 300 civilian aircraft, components for which the final fine-tuning are planned to be made in China. The American corporation Boeing announced that it has signed a contract with China for the supply of single-aisle Boeing-737 and wide-body aircraft 737-800 NG, which will be assembled in the USA with components...

British American Tobacco company announced signing an agreement to purchase the Polish manufacturer of electronic cigarettes Chic Group. In addition, the British company has agreed to alliance with RJ Reynolds American. Precisely, the participants will exchange technologies used for electronic cigarettes production. The second largest world producer of tobacco British American Tobacco (BAT)...

Shares of the world's leading automakers fell against expanding scandal on Volkswagen Group’s juggling with data on harmful emissions. In the United States, the Congress and the Department of Justice have already been involved in investigation of the German manufacturer’s actions. The authorities of Germany and South Korea plan to conduct its own investigation. Overnight, VW capitalization...

The Swiss insurance company Zurich Insurance Group announced the withdrawal of its bid for the British insurance company RSA Insurance Group for $ 8.8 billion. The reason for a change of plans was Zurich Insurance’s losses incurred in the third quarter, including due to a series of powerful explosions in Terminal container in Chinese port of Tianjin in August. This morning, one of the largest...

With more than 7,500 cases performed in 2014 and around 3,000 clients, the independent financial advisor has become the darling of BoDs, private equity and law firms. Now ranking 3rd in global fairness opinion providers and U.S. middle market M&A advisory, Duff & Phelps tops the charts for delivering tailored models as a relevant positioning in valuation and corporate advisory. We tried to understand how the firm has converted its specific corporate culture into a powerful selling point.

The company Anheuser-Busch InBev NV, which is a producer of beer brands such as Stella Artois and Corona, strives to create a giant beer company by acquiring its main competitor - SABMiller PLC. Yet, the deal is going to face the antitrust law. Regulators will demand significant concessions on the part of AB InBev, especially in the United States and China, to slow down the merger of the two...