The owners of UK-based biscuit manufacturer Burton's Biscuits are set to commence the sale of the company, which is valued at £350m. Burton's is owned by private equity groups Apollo Global Management and Duke Street Capital, and ...
US-based food company HJ Heinz is evaluating plans to cut about 250 jobs in the UK and Ireland, as part of an effort to restructure its business. This move comes after comes after the sale of the company to an investment consortium ...
BioExx Specialty Proteins, focused on the separation of oil and high-value proteins from oilseeds for global food, beverage and other markets, has reported $60,575 of revenue from canola oil and canola meal sales at its Saskatoon plant ...
Tags: BioExx
BlackBerry has launched the 9720 smartphone running the 7 OS in a bid to stay relevant in the growing low end of the smartphone market.? The launch of the new device comes as BlackBerry on Monday?formed a committee to explore strategic ...
Tags: Blackberry, smartphone, Computer Products
Smartphone maker BlackBerry has announced that it is "exploring strategic alternatives" for the company, which may include break-up, taking the company private or its sale to a rival, such as Microsoft. "These alternatives could include, ...
Tags: Smartphone, BlackBerry
iGPS Company LLC, operator and owner of the largest global pallet rental pool of lightweight, 100% recyclable plastic platforms with embedded RFID tags, today announced that it has reached an agreement for the sale of substantially all of ...
Hostess Brands, a US-based bankrupt producer of bakery products, has attained US Bankruptcy Court approval to sell its Drake's snack cake brand as well as four of its northwest regional bread brands in separate transactions that are ...
A South Australia-based international engineering and manufacturing company with a turnover of $19 million has been placed in receivership and its operations have ceased. Initial investigations reveal the company Priority Engineering ...
Tags: engineering company, manufacturing company, SA engineering
The private equity consortium led by KKR which bought NXP is selling another 25 million shares in the company. Last month it sold 30 million shares. The 30 million shares that were disposed of at around $30 each in February were sold to ...
Tags: KKR, NXP, company news
Jaclyn, Inc. reported financial results for the third quarter ended November 30, 2012. Net sales for the three-month period ended November 30, 2012 were $51,880,000 compared to $57,882,000 for the three-month period ended November 30, ...
Tags: Jaclyn, financial results, apparel, women's sleepwear
Under-pressure US retailer Supervalu Inc today (30 July) announced CEO Craig Herkert has left the company. Supervalu, which is battling to revitalise its business after three years of falling gross profit and identical-store sales, said ...
Tags: Supervalu, Craig Herkert, falling gross profit, falling sales
US retailer Supervalu Inc has kicked off a "strategic review" of its business, which could include a sale of the company, after another quarter of falling sales. Supervalu, which has around 4,400 stores in the US, is looking at "strategic ...
Tags: Supervalu, strategic review, falling sales, sale of the company
Computer Weekly has announced the third UKtech50, our annual definitive list of the real movers and shakers in UK IT - the CIOs, industry executives, public servants and business leaders driving the role of technology in the UK economy. ...
Tags: UK IT, UKtech50, ARM, GCHQ, Government Digital Service, Salesforce.com
Just two weeks after revealing its plans for adopting ARM for low-power server technology,chip designer AMD has put itself up for sale–with a slew of industry companies,including Intel,Google,Samsung and Facebook–mentioned as ...
Tags: Ailing AMD, Chip Maker Calls, Jp Morgan
Advanced Micro Devices(AMD)is denying reports that executives have taken steps that could lead to the company's sale. Speculation began to spread Tuesday afternoon after Reuters reported that AMD has hired JPMorgan Chase&Co to explore ...
Tags: AMD, executives, world's largest chip makers, sale options