Chinese dairy firm Inner Mongolia Yili Industrial Group is preparing an $850m bid to acquire US organic yogurt business, Stonyfield, from Danone. In a statement to the Shanghai stock exchange, Yili Group mentioned that the bid for 100% of ...
Canada-based High Liner Foods has agreed to acquire Rubicon Resources, an American seafood importer, for about $107m in a cash-cum-stock deal. Rubicon primarily imports frozen shrimp products that are sustainably sourced and distributes ...
Tags: High Liner Foods, Shrimp
Apple has been the world’s most valuable company for a while now, but the iPhone maker’s worth has just soared past an incredible new milestone. The stock market value of Apple has finally crossed $800 billion, marking the ...
Supremex, a North American manufacturer and marketer of a broad range of stock and custom envelopes and growing provider of packaging and specialty products, announced its results for the first quarter ended 31 March 2017, and declared a ...
Apple is almost always embroiled in an acquisition rumour, and the latest predictions put Netflix – amongst others – in the Silicon Valley store window. This week, we learned that Apple now has cash reserves totalling an ...
Delphi Automotive is planning to spin off its Powertrain Systems segment into a new, independent publicly traded company, which will allow it to focus on technology for electrically powered and self-driving vehicles. The transaction is ...
Eastside Distilling has acquired a controlling stake in Big Bottom Distilling (BBD), a Hillsboro, Oregon-based distiller of super premium gins, whiskeys, brandies, rum, and vodka. BBD was founded by Ted Pappas, a past president of the ...
Tags: Eastside Distilling, whiskeys
Avery Dennison has announced preliminary and unaudited results for its first quarter ended 1 April 2017. First Quarter 2017 Results by Segment Organic sales change refers to the increase or decrease in sales excluding the estimated ...
Tags: Avery Dennison, Graphic Materials
Apple’s legendary cash reserves have reached new heights as the company prepares to reveal the exact magnitude of its stockpile. There are many metrics by which you can measure a company’s success. For instance, Apple has the ...
Moosehead Breweries, which is considered to be Canada's oldest independent beer firm, is celebrating its 150 years of family brewing. When Susannah Oland opened the Army and Navy Brewery in 1867, she hoped to create a business that could ...
Tags: Moosehead Breweries, Anniversary
Tyson Foods has agreed to buy Ohio-based sandwich producer AdvancePierre Foods for about $3.2bn. The acquisition will expand Tyson Foods' portfolio of prepared foods and protein-packed brands. A subsidiary of Tyson Foods will offer to ...
Tags: Tyson Foods, Sandwich
Cree, Inc. on Tuesday reported financial results for its third quarter of fiscal 2017, ended March 26, 2017, which missed Wall Street expectations. Shares of Cree declined over 7% in after-hours trade. Revenue for the quarter was ...
Tags: Cree, LED Products
Icelandic Group has confirmed its intentions to divest its UK operations, Seachill, which supplies chilled fish to the country's retail market. The company's board has decided to start a sale process for Seachill, which had sales of ...
Tags: Icelandic Group, Seafood
Pyramid Brewing Co. debuted an invigorated brand aesthetic and experience encompassing an expanded line of canned brews, the addition of Outburst Citrus IPA to Pyramid's year-round line-up, all-new packaging and revamped digital channels ...
Tags: Pyramid Brewing, Packaging
Urban Chestnut Brewing has partnered with Ardagh Group to develop and release an on-premise only package for the city of St. Louis, available at local bars and restaurants. By packaging Urban Underdog, an American Lager, in Ardagh 16 oz. ...
Tags: Beverage Cans, package