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Todd corporation

March 18, 2016

Heineken eyes control of indebted Indian tycoon’s brewery; Todd Corporation renews acquisition attempt of Flinders Mines; and Maersk claims first drone delivery at sea

Heineken eyes control of indebted Indian tycoon’s brewery

Netherlands-based brewery Heineken is likely to ask Vijay Mallya, known as ‘India’s Richard Branson’, to step down from the board of United Breweries, according to Reuters.

Heineken currently holds a 42.4% stake in United Breweries, the largest brewer in India, and has reportedly lost faith in the entrepreneur, who owes creditor banks more than $1 billion.

August 5, 2015

Third-generation New Zealand businessman John Todd has been farewelled in Wellington this week.

Third-generation New Zealand businessman John Todd has been farewelled in Wellington this week.

The former chairman of Todd Corporation died last Wednesday, aged 88, following a short illness.

Todd Corporation, New Zealand’s largest family business, dates back to 1884 and has interests in energy, property development, healthcare, telecommuncations, technology and wine.

According to local business publication The NBR, the family is worth NZ$3.16 billion.

May 15, 2015

DMCI secures Philippine Skyway Stage 3 contact; JCB donates diggers to Nepal relief effort; and Todd Corporation digs deep to acquire Pilbara mine

DMCI secures Philippine Skyway Stage 3 contact

Philippine infrastructure conglomerate DCMI, owned by the Consunji family, has agreed to build part of the Metro Manila Skyway after being awarded a 32-month contract.

In a disclosure to the Philippine Stock Exchange, DMCI Holdings announced it would build sections one and two of the extension part of the project, which will provide the finishing touches on the Philippines' first fully elevated highway.

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