Ascena Retail Group and Ann Inc entered into a definitive merger agreement under which Ascena will acquire Ann Inc for a combination of cash and stock in an accretive transaction. Upon closing, Ann Inc stockholders will receive $37.34 in ...
Tags: Ascena, Women's Apparel
Driveline and chassis technology provider ZF Friedrichshafen has acquired TRW Automotive Holdings for an undisclosed amount. TRW Automotive manufactures and supplies aftermarket products, braking products, chassis, commercial steering ...
Swiss agribusiness Syngenta has rejected $45bn acquisition offer from global seed technology major Monsanto for the second time citing unfavorable terms for shareholders. If the proposed deal advances, an industry leader with combined ...
Tags: Syngenta, agribusiness
French dairy group Lactalis has got approval from Brazilian antitrust authority to purchase the dairy units of food processor BRF SA in a deal worth $594m. Lactalis will execute the deal through its Parmalat subsidiary in Brazil. ...
Tags: dairy group, Lactalis, Dairy
Brazilian food company BRF is set to establish a joint venture with UK-based Invicta Food Group to distribute processed foods in Britain, Ireland and Scandinavia. Reuters reported citing a securities filing that the company's ...
Tags: Processed Foods, BRF
Global beverage giant Coca-Cola Company has agreed to acquire multi-grain drink China Culiangwang Beverages for $400m including debt, to boost its sales in the Chinese market. This is Coke's first acquisition in China since its ...
The outstanding reputation of China's high speed rail (HSR) industry not only shows the success of domestic innovation but also represents a shift from the export of mass produced "Made in China" products. China North Railway (CNR) and ...
PV modules produced by 22 China-based makers have been seized by customs authorities at several seaports in Europe in investigations of alleged violation of floor import pricing and annual import quota agreed between the EU and China, ...
Tags: PV Module, Solar Energy
China's two largest trainmakers, CSR Corp and CNR Corp, inched one step closer to their impending merger after getting necessary approvals from overseas antitrust authorities, according to company announcements on Wednesday. The merger ...
Tags: CSR Corp, CNR Corp, trainmakers
China's high speed rail manufacturers China North Railway (CNR) and China South Railway (CSR) announced that their merger had passed overseas antitrust scrutiny. According to local laws, antitrust regulators -- in this case in Australia, ...
Tags: Transportation, CNR, high speed rail
Italian coffee maker Luigi Lavazza has sole rights to consider the acquisition of Carte Noire coffee business from Mondelez International, as part of its contractual agreement with the latter. Lavazza was quoted by Reuters as saying: ...
Tags: Lavazza, Carte Noire Coffee
Keurig Green Mountain is planning to buy back more than 50% of Italian coffee maker Luigi Lavazza for around $624m. This comes as Lavazza is currently raising funds for the acquisition of D.E. Master Blenders' L'Or and Mondelez ...
Tags: Keurig Green, coffee
Not so fast, Wright and Tornier. U.S. regulatory agencies want a few matters cleared up before deciding whether to approve the proposed $3.3 billion merger of U.S. bone-implant maker Wright Medical Group Inc. with Dutch orthopedic ...
Tags: orthopedic device, medical device
Volkswagen’s luxury car division Audi is planning to recall around 80,000 cars due to issues related to fuel injection system. The recall will be adding around 35,000 of the affected vehicles are from China and the affected vehicles ...
Tags: Fuel Smell, fuel injection system, Auto
Qualcomm Inc said it expects its newest Snapdragon mobile chip will not be used in a major customer's flagship smartphone, sending its shares lower. The chipmaker said in a statement on Wednesday it expects fiscal 2015 revenue between $26.0 ...
Tags: Qualcomm, Snapdragon, mobile chip