The blueprint of the China-proposed belt and road initiative unveiled on Saturday will boost practical cooperation in key fields such as infrastructure, said analysts. The action plan for the Silk Road Economic Belt and 21st Century ...
Goodman Fielder CEO departs as sale to Asian giants settles It was announced today that Scott Weitemeyer will be appointed Managing Director and Chief Executive Officer of Goodman Fielder, replacing Chris Delaney. The announcement ...
Tags: ASX delisting, First Pacific, Food
Egyptian cake and biscuit maker Bisco Misr's shareholders controlling 86% of shares have agreed to divest their shares to US-based food manufacturing company Kellogg, in a $125m deal. The Reuters reported that bidding for the biscuit ...
Tags: biscuits, wafers, corn flakes, Agriculture
Charlesbank Capital Partners and Partners Group closed on their previously announced acquisition of Varsity Brands Dec. 15. "The entire Varsity Brands team is united as never before to ensure we inspire and champion greater ...
Tags: Varsity Brands, Sporting Goods
Food manufacturing was one of four manufacturing sub-sectors to expand in November 2014, according to the Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI). Food manufacturing expansion Among the ...
Tags: Dairy Products, beverages, tobacco
NYSE listed, apparel marketer, Gap Inc. and TAU Investment Management, an active growth-equity investment firm that transforms global supply chains, have entered into a partnership to promote best-in-class innovations and support the ...
Tags: garment factories, Apparel
US-based food manufacturing company Kellogg's has raised its offer to acquire Egyptian cake and biscuit maker Bisco Misr to £82.2 per share. Kellogg's new offer overtakes Abraaj Investment Management's latest offer of ...
Tags: Egyptian cake, biscuit, Agriculture
Abraaj Investment Management has raised its offer to acquire Egyptian cake and biscuit maker Bisco Misr to $129.6m. The move comes after breakfast cereal maker Kellogg's offered $127.06m for the biscuit producer, Reuters reported. ...
Tags: cake, biscuit, Agriculture
Abraaj Investment Management has secured approval from the Egyptian Financial Supervisory Authority to acquire 51% stake in the nation's confectionery producer Bisco Misr for $119m. The company, which will pay £73.91 per share, will ...
Hong Kong-based investment management and holding company First Pacific and Wilmar International expect to complete the acquisition of Australian firm Goodman Fielder by 2015. Goodman Fielder owns brands as Medow Lea, Praise, White Wings, ...
Tags: Goodman Fielder, First Pacific, Agriculture
The "new normal" theory elaborated by Chinese President Xi Jinping would be one of the hallmarks to be engraved in history by the ongoing meetings of the Asia-Pacific Economic Cooperation (APEC) in Beijing. In his speech delivered to over ...
Tags: new normal theory, APEC
Beijing-based clean-energy power generating firm Hanergy Holding Group Ltd (parent of thin-film photovoltaic module maker Hanergy Solar) has completed the acquisition of Alta Devices of Santa Clara, CA, USA. Founded in 2007, Alta is a ...
Tags: Alta Devices, PV, Hanergy, Electronics
Private equity firm KKR, along with three other investors, has agreed to invest $270m for 70% stake in integrated pork company COFCO Meat, a unit of China's state-run COFCO Group. While KKR is the lead investor, paying $150m, other ...
Tags: Meat, pork, meat industry, Agriculture, Food
An office in Guildford has been awarded the first Low Carbon Workplace Standard. Investec Wealth and Investment Management achieved the Standard by making a 33 per cent reduction in carbon emissions per person at its office. The scheme ...
Tags: Commercial Building, Low Carbon
World-renowned clothing brands such as Zara, United Colors of Benetton, Gruppo Marzoto, Lanerossi, Marchi e Fildi S.P.A, Fratelli Piacenza S.P.A and H&M would be using Kazakhstan wool for manufacturing their apparel products, as a result of ...
Tags: Zara, Benetton, Kazakh Wool, Clothing