Former Coles boss, Ian McLeod has resigned from his position with Coles’ parent company Wesfarmers, accepting an offer to become President and Chief Executive Officer of Bi-Lo Holdings, one of the largest supermarket operators in the ...
Tags: retail market, Agriculture
After 10 years at the helm of Amcor, Ken MacKenzie has decided to retire from the position of managing director and chief executive officer, Amcor chairman, Graeme Liebelt announced on 22 January. “I believe after 10 years in the ...
Real Good Food has acquired Rainbow Dust Colours, a cake decoration company, for an initial amount of £4m. An additional cash consideration of £3.5m would be paid in the form of an earn-out based on gross margin achieved in ...
Tags: cake, Agriculture
PPG Industries reported fourth quarter 2014 net sales from continuing operations of $3.71 billion, up $207 million, or 6 percent, versus the prior-year figure of $3.5 billion. Net sales in local currencies grew 10 percent year-over-year, ...
Tags: portfolio management, earnings-accretive cash deployment, Construction
Epistar Corp. and Taiwan Semiconductor Manufacturing Co. (TSMC ) held Board of Directors’ meetings today and approved a sale of TSMC Solid State Lighting (TSMC SSL) shares. Epistar will acquire all shares of TSMC SSL held by TSMC and ...
Epistar and Taiwan Semiconductor Manufacturing Company (TSMC) have both announced that their boards of directors have approved a transaction of TSMC Solid State Lighting (TSMC SSL) shares. Epistar will acquire all shares of TSMC SSL held ...
The board of directors of Hsinchu-based Taiwan Semiconductor Manufacturing Co (TSMC, the world’s biggest silicon wafer foundry) has approved the sale of its stake in TSMC Solid State Lighting (TSMC SSL). Taiwan’s Epistar Corp ...
Tags: LED lighting products, Electrical
lululemon athletica Inc., a yoga-inspired athletic apparel company, has appointed Stuart C Haselden as the chief financial officer (CFO), effective from February 2, 2015. Haselden’s career spans 15 years of executive leadership at ...
Tags: driving strategy, international growth, shareholder value, Apparel
Liberty Interactive Corporation, parent company for Backcountry.com and Bodybuilding.com, extended the contract of its president and CEO Gregory B. Maffei through 2019. "We are extremely pleased that Greg will continue in his leadership ...
Tags: strategic vision, Sporting Goods
The Board of Directors and the Group Management of Sika were informed Friday evening, December 5, 2014, that the French Group Saint-Gobain intends to indirectly acquire all shares held by the Burkard family, Sika's current majority ...
Tags: Saint-Gobain, shareholder, Construction
Ratos has signed an agreement to acquire approximately 67% of the shares in the Finnish LED optics company Ledil Oy from the company's founders. The purchase price (enterprise value) for 100% of the company amounts to EUR 97m, of which ...
Tags: LED lighting, LED optics company, Lights
PepsiCo has announced two leadership appointments that further strengthen the company's management team. Enderson Guimaraes, currently CEO, PepsiCo Europe, has been named EVP, Global Categories and Operations, PepsiCo. He will be ...
Tags: PepsiCo, Snacks, Beverage, Agriculture
The rigid plastic packaging giant’s results for the six months ended 30 September 2014, shows good growth in profits, returns and dividends. The planned acquisition of Promens Group progresses the company’s Vision 2020 ...
Shareholders owning 6.3 percent of Perry Ellis International, Inc.'s outstanding shares took their efforts to break up the apparel and brand management company public late Tuesday by publishing a letter they sent to the company's board of ...
Tags: Perry Ellis, Stockholder, Sporting Goods
Aussie apparel and footwear marketer, Pacific Brands said it has entered into three unconditional agreements to sell its Brand Collective business in the footwear, apparel and sport categories. “Gross proceeds from the transactions ...
Tags: Aussie apparel, footwear marketer, Apparel