Videocon shops for Electrolux

Videocon Group, the leading maker of white goods is in talks to buy the Indian unit of Electrolux AB as it expands in the country’s $3 billion-a-year consumer electronics market but no decision has been taken yet it seems.

Maytag filings reveal possible plant closings

Financial projections provided to federal regulators as part of a possible acquisition of Maytag Corp. assumed closing three factories, including the company’s flagship plant in Newton, Iowa. A preliminary proxy filed with the Securities and Exchange Commission indicated the company could expect …

MCC to sue those calling for boycott

Numerous messages have spread over the Internet against the MCC (Mondragon Cooperative Corporation). The messages are calling for a boycott of the products of the companies that make up the MCC on the grounds that buying MCC products funds ETA. The MCC has decided to take the authors of this camp…

Haier raises bid for Maytag

Haier Group, China’s biggest home appliance manufacturer, is promising to assume Maytag’s US$975 million in debt. The pledge has boosted its takeover bid to US$2.25 billion for the aling white goods company, today’s China Business News reported.

Domestic & General Karting Day 2005 (Grantham)

Once again this year Domestic & General had a fun day out for agents and staff at the PFI Circuit in Grantham and it was fun. Team UKW (as it was known) really didn’t do so well since we came in 16th but winning wasn’t really the point for us, having a bit of a laugh was and we got that in sp…