Bosch Packaging Technology and Klenzaids Contamination Controls are planning a joint venture in India that they intend to use to extend their global reach, particularly in liquid pharmaceuticals and packaging machines for clean-room ...
Tags: Packaging Technology, Contamination Controls, Packaging
File photo courtesy of Qantas. Deutsche Bahn’s (DB) logistics subsidiary, Schenker AG, will seek damages estimated at USD 2.5 billion — approximately $370 million in the US and $2.19 billion in Germany including interest ...
Volvo is making a provision of €400m ($497m) to pay any possible fine to be imposed by the European Commission as a result of its ongoing investigation into the company’s violation of antitrust rules. The provision will ...
The US Department of Justice announced that Continental Automotive Electronics and Continental Automotive Korea have agreed agreed to plead guilty for bid rigging of vehicle equipment sold to vehicle makers in the country. The companies ...
Tags: bid rigging, plead guilty, Auto
BRF ended the third quarter of 2014 with net income of R$ 624 million, an increase of 117.5% over 3Q13. This performance arose from the management techniques and processes that have been implemented over the last year and highlight the ...
Tags: Brazilian operations, Net Operating Revenues, Agriculture
The acquisition of US Foods by food distributor Sysco is not likely to happen in the current year as expected and its talks to secure an approval from antitrust regulators are still going on. In December 2013, Sysco announced that it ...
Tags: food distributor, Federal Trade Commission, Agriculture
NYSE-listed Dollar General Corp said it remains committed to acquiring rival Family Dollar and also extended its offer to acquire all outstanding shares of Family Dollar Stores, Inc. Dollar General will tender $80.00 per share in cash, ...
Tags: Dollar General, Family Dollar, Apparel
General Mills - the maker of Cheerios, Bisquick and Yoplait - has secured approval from US Federal Trade Commission (FTC) for the acquisition of Annie's, a natural and organic food company. The approval is given under the ...
Tags: General Mills, FTC, Food
The Federal Trade Commission (FTC) is weighing an antitrust lawsuit against the $3.5bn merger of Sysco and US Foods which was announced in December. FTC has been investigating the proposed merger, which according to it, has the potential ...
Following the hostile bid made by Dollar General to acquire Family Dollar Stores, Family Dollar confirmed that Dollar General has commenced an unsolicited conditional tender offer to acquire all of the common stock of Family Dollar for ...
Tags: Dollar General, Family Dollar
European Union antitrust regulators are to investigate an allegation that several luxury watchmakers breached EU rules by refusing to supply spare parts to independent repairers. The European Commission did not identify the companies but ...
Tags: Watch, Luxury Watch
An agreement has been reached to create the world’s third largest quick service restaurant company, merging North American-based beverages and baked goods restaurant Tim Hortons Inc. (Tim Hortons) with global burger restaurant Burger ...
Tags: Burger King, Tim Hortons, fast food
US-based meat producer Tyson Foods has received approval from the antitrust division of the US Department of Justice (DOJ) for its previously announced $8.5bn purchase of Hillshire Brands. DOJ said that Tyson Foods has agreed to sell its ...
Tags: Tyson Foods, DOJ, Food
The profitable company from Northern Italy is privately owned and recently generated annual sales of more than €60 million (US $80.40 million). Its products include so-called moving heads, follow spots and projectors. They are used at ...
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