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A Heartland Company Leads the Media Race

Advertisement DES MOINES — Steve Lacy greeted me in his office as if we were old friends. A top executive at the Meredith Corporation, he was a main driver of the company’s $ 2.8 billion acquisition of Time Inc. last November. With that deal, the 116-year-old Meredith Corporation became the ...

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Once a Cash Cow, Venezuela’s Oil Company Now Verges on Collapse

Advertisement PUNTO FIJO, Venezuela — A general with no energy experience has been installed as the head of the state oil company. Arrests, firings and desperate emigration have gutted top talent. Oil facilities are crumbling, while production is plummeting. As the rest of the oil-producing world recovers on the back ...

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A Chinese Company Offers a Carrot to Hollywood

BEVERLY HILLS, Calif. — Wang Jianlin, chairman of the Dalian Wanda Group, the Chinese conglomerate that is emerging — controversially — as a superpower in the entertainment business, sat in an opulent armchair at the Peninsula Hotel here on Sunday and discussed his business ventures with a casual efficiency. His ...

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Vinamilk seeks to buy second U.S. dairy company in growth push

Vietnam Dairy Products JSC, Southeast Asia’s biggest milk producer by market value, is in talks to buy another U.S. company as it accelerates acquisitions to expand globally and drive revenue. The company, known as Vinamilk, expects the deal to close as early as next year, Chief Executive Officer Mai Kieu ...

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Vinamilk acquires US dairy company in $10 million investment

Vinamilk, Vietnam’s biggest dairy company, has taken over California-based Driftwood Dairy Holding Corporation after buying the company’s remaining stake of 30 percent for US$ 3 million, according to a press release on Monday. The acquisition came more than two years after the giant bought a stake of 70 percent in ...

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