The running shoes worn by Roger Bannister when he broke the 4-minute mile in 1954 were sold at auction on Thursday for $409,344, according to Christie’s auction house. Christie’s expected the shoes to fetch between $47,000 and ...
Tags: Bannister, shoes, neurological research
Two investment funds KKR and CVC Capital Partners have emerged as top bidders for Pivovarna Lasko, a Slovenian brewery. Three other bidders - Mid Europa Partners, Bain Capital and Dutch brewer Heineken - were urged to submit improvised ...
Pivovarna Lasko, a leading brewer in Slovenia, has secured five binding bids in a sale that iis likely to be completed by June end. Though the names of the bidders have not been announced officially, local media reports say that Dutch ...
Tags: Pivovarna Lasko, bids, Food
In what officials say is a case that sounds worse than it really is, the Vermont Economic Development Authority has foreclosed on SB Electronics and is readying to auction off the property it occupies in the Wilson Industrial Park. Jo ...
Tags: SBE, VEDA, Electronics
Sony is said to be willing to sell its under-performing mobile and TV businesses in a bid to return to profitability. The Japanese giant is in a curious position. It's performing very well indeed in a couple of key areas - specifically ...
Tags: Sony, Mobile, TV, Consumer Electronics
Private equity investing firm Abraaj Group has decided to withdraw from the bidding process for the acquisition of Egypt's BiscoMisr. The company had offered $12.14 per share to purchase up to 100% of the share capital of Egyptian cake ...
Tags: Egyptian cake, biscuit maker, Agriculture
PET and plastic packaging supplier Petainer has been named as the reserve bidder for the purchase of APPE with a bid of approximately €300m. Petainer will be getting financial backing from Next Wave Partners and KKR Asset Management ...
Rigid plastic packaging manufacturer Plastipak Packaging has won a bid to acquire La Seda de Barcelona Group’s APPE Packaging Division for €360m. The investment will include a gross up of €65m that will be transferred with ...
Tags: Rigid plastic packaging, APPE Packaging Division, Agriculture
Dollar General reaffirmed its commitment to acquisition of Family Dollar, confident that it can quickly and effectively address any potential antitrust issues and reiterated that its existing proposal provides superior valuation to Family ...
Tags: Dollar General, Family Dollar, Apparel
The Board of Directors of NYSE-listed Family Dollar Stores, Inc. has recommended support of merger agreement with Dollar Tree, while unanimously rejecting the non-binding proposal made by Dollar General Corporation citing antitrust ...
Tags: Family Dollar Stores, Dollar Tree, Apparel
Tactical Holdings, a major supplier of military footwear, has filed a Chapter 11 Bankruptcy Petition in U.S. Bankruptcy Court in the District of Delaware, and is seeking a quick sale of its businesses. The company’s footwear ...
Tags: Tactical Holdings, Bankruptcy Petition, Sporting Goods
The Government of Russia is aiming to increase the share of local goods in the country’s domestic textile market to 50 percent, from the current share of less than 35 percent, reports Novosti news agency. At present, Russian made ...
Tags: Textile Market, Russian Market
Seneca Foods Corporation reported that net earnings for the fiscal year ended March 31, 2014, decreased to $13.8 million, or $1.23 per diluted share, compared to $41.4 million, or $3.57 per diluted share, in the fiscal year ended March 31, ...
Tags: Seneca Foods
South Korea's third-largest refiner, S-Oil, sold a combined 639,000 b/d of oil products, petrochemicals and lube in the first quarter of this year, up 1.4% from 630,000 b/d a year ago, the company said in a statement Thursday. Sales in Q1 ...
Tags: Oil Products, Petrochemicals
The French character doll, manufactured circa 1916 by Albert Marque was presented at a specialty auction house for antique childhood items in the US. A new world record has been set by an antique doll, after it fetched a whopping $300,000 ...