Ironman turning Chinese

World Triathlon Corporation, the company behind Ironman events, will be sold for US$650 Million according to a report.

Buyer is the Chinese investor Dalian Wanda.

World Triathlon organizes around 250 sport events every year globally. The company also owns the brand Ironman.

Earlier Dalian Wanda bought the sport marketing company Infront Sports & Media for €1.05 Billion, and it holds 20 percent of the Spanish soccer club Atletico Madrid.

Lavazza übernimmt Carte Noire

Lavazza erwarb die Französische Wettbewerbs-Marke Carte Noire von Douwe Egberts. Der Kaufpreis soll was US$872 Millionen betragen haben.

Mondelez International und D.E Master Blenders 1753 brachten das jeweilige Kaffeegeschäft in ein Joint Venture ein, Jacobs Douwe Egberts. Der Verkauf von Carte Noire war eine Voraussetzung für die Zustimmung der Europäischen Wettbewerbsbehörden zum Joint Venture.

Lavazza buys Carte Noire

Lavazza bought the French rival brand Carte Noire from Douwe Egberts. The purchase price was US$872 Million reportedly.

Mondelez International Inc and D.E Master Blenders 1753 merged their coffee business to Jacobs Douwe Egberts. The sale of Carte Noire was required to gain European regulator approval.