A Dubai-based investment group led by businessman Mohamed Alabbar has agreed to acquire a majority stake in the Kuwait Food Company, which is known as Americana, for nearly $2.4bn. The consortium Adeptio headed by Emaar Properties PJSC ...
Amplify Snack Brands has launched a public offering for 10,000,000 shares of the company’s common stock. All shares are being sold by existing stockholders, including certain directors of the Company. Amplify will not receive any of ...
Tags: Public Offering, Amplify Snack
Bass Pro Shop and Goldman Sachs' private equity arm were partnering on a bid for Cabela's, people familiar with the matter told Reuters. On Tuesday, shares of Cabela's rose $3.14, or 6.4 percent, to $52.51 on the news. Goldman will ...
Tags: Bass Pro, Goldman Sachs
Eyeking, a maker performance sunglasses, including the licenses for Under Armour Eyewear and Hobie Polarized, named Scott Betty as its new senior vice president of product and design. Betty brings more than 20 years of product and design ...
Tags: Eyeking, Sunglasses, Under Armour Eyewear, Hobie Polarized
US-based private equity firm Wind Point Partners has acquired Evans Food Group and its subsidiaries. The financial terms of the deal have not been disclosed. Evans Food Group, which was founded in 1947 and acquired in 1985, is the maker ...
Tags: Wind Point, Evans Food, Pork Rind Snacks, Acquisition
While Logitech is a major player in the peripheral market, there’s no need for a mouse and keyboard in virtual reality space. Logitech is eyeing the virtual reality market for its next business ploy. The Swiss tech firm teased ...
Tags: Logitech, Virtual reality market
New Zealand poultry producer Tegel is predicted to soon list on the New Zealand Exchange and the Australian Securities Exchange. Tegel producers both chicken and turkey products and has four major processing facilities located across ...
US-based yogurt maker Chobani is planning to enter the beverages segment with Drink Chobani line, after it turned down acquisition offer from PepsiCo. With this new drink range, which will be a blend of fruits with its trademark Greek ...
Tags: Chobani, Aquisition, Beverage segment
Flavored beverages producer Dr Pepper Snapple (DPS) is joining the Closed Loop Fund to increase beverage container recycling rate in the US to 60% by 2030. The company is investing $5m in the social impact fund, which was set up in 2014 ...
Tags: Beverage Container, Recycling Rate
China's economy is going through a series of historic transitions, and recent short-term market volatility will prove temporary, experts attending the World Economic Forum (WEF) Annual Meeting 2016 said on Thursday. The Chinese government ...
Tags: Economy Transitioning, Economy
Oil prices have been raised in Saudi Arabia. At the same time, the Saudi cabinet has also added tariffs on electricity, water and sanitation services. Saudi officials have approved a national budget for the coming year with a deficit of ...
Tags: Saudi Cabinet, Oil Prices, Service Tariffs
Crude prices have gone down nearly 30 percent this year, and analysts expect oil prices to remain low for even longer. Boon for consumers Lower oil prices are generally good for US consumers and the economy, said Jason Bordoff, ...
Tags: Oil Prices, Crude Oil
Investment bank Goldman Sachs late Wednesday lowered its iron ore price forecast for 2017 by $5/dmt to $35/dmt CFR China after a faster-than-expected softening in seaborne prices. "Iron ore prices have reached our $40/dmt forecast one ...
Tags: iron ore price, steel
The volatile solar market will rationalize extensively over the next year, with the handful of leading companies likely to have successful initial public offerings (IPOs) outweighed by several others going to the wall. Jason Eckstein, the ...
Tags: Solar, CIGS, concentrating photovoltaics
Axalta Coating Systems will highlight the need for speed at the annual Specialty Equipment Market Association (SEMA) tradeshow in Las Vegas, Nevada, November 3-6, 2015 at the Las Vegas Convention Center (LVCC). Join us inside the LVCC at ...