Apple MacBook Pro 2016 release date, news, rumours, specs and price – everything you need to know Update (26 October 2016): With just a day to go until the expected MacBook Pro 2016 launch, new images of an OLED touch bar have been ...
Tags: MacBook Pro, Apple
Crown Holdings announced its financial results for the third quarter ended 30 September 2016. Third Quarter Highlights Earnings per share $1.31 for the quarter; $3.09 YTD versus $2.35 in 2015Adjusted earnings per share $1.33 for the ...
Tags: Crown Reports, Earnings
Premium Brands Holdings has acquired 100% of the shares of Ontario based Belmont Meat Products for $50m. The purchase price of the acquisition is subject to certain customary adjustments. Premium Brands will be paying $49.2m in cash ...
Tags: Belmont Meat Products
DXP Enterprises Inc has sold Vertex Corporate Holdings Inc, a master distributor of industrial fasteners, to Houston Wire & Cable Co (HWC). DXPE received approximately US$31.0 million in net cash proceeds, subject to customary transaction ...
Tags: DXPE, Vertex Corporate Holdings, HWC
Canada-based organic food company SunOpta has raised $85m from funds managed by Oaktree Capital Management to reduce its debt. The company said that it will utilise the funds to repay its debt and to increase financial flexibility. The ...
Tags: SunOpta, Oaktree Capital Management, fund
Atlantic Natural Foods, a subsidiary of investment group AFT Holdings, has completed the acquisition of Loma Linda Foods and the licensing rights to Worthington Foods brands of vegetarian foods from Kellogg. The acquisition was completed ...
The South Korean firm has also signed a two-year agreement for exclusive rights for sale, marketing and distribution of Mattel products. Mattel has embarked on its plans to expand in the Asian market following its majority stake ...
More domestic car brands have demonstrated their eagerness for recognition as premium, although none of the Chinese peer group have yet revealed a strategy that will lead them to the top. Although there are previous failures that serve as ...
Tags: Geely, Automakers
China set up an industry alliance for virtual reality (VR) on Thursday, in a move to accelerate the application of VR in entertainment, education and manufacturing. The Industry of Virtual Reality Alliance includes more than 170 ...
Tags: Virtual Reality, headset
Major Chinese State-owned enterprises have launched the nation's largest private equity fund, worth 350 billion yuan ($52.5 billion), to finance SOE restructuring as part of China's efforts to advance supply-side reform. The money will be ...
Tags: Giant SOEs, nation fund
KapStone Paper and Packaging Corporation announced that effective 1January 2017, Roger Stone is stepping down as CEO. Roger will continue to be an integral part of the KapStone organization, as he will retain his role as Executive ...
Tags: KapStone Paper, Roger Stone, CEO
Food and engineering group Carr’s has sold its flour milling business to Whitworths Holdings for £36m. Carr’s said that the disposal of its food division will enable it to increase focus on its growing agriculture and ...
Crestview Partners has agreed to acquire Accuride, which supplies components to the North American and European commercial vehicle industries. Crestview Partners is a New York based private equity firm, which will acquire Accuride for ...
Tags: Crestview Partners, Accuride, acqusition
US-based Yum! Brands has entered into an agreement with Primavera Capital and Ant Financial Services to invest a total of $460m in Yum China. While Primavera Capital is a China-based global private equity firm, Ant Financial is an online ...
MACOM Technology Solutions Holdings Inc of Lowell, MA, USA (which makes semiconductors, components and subassemblies for analog RF, microwave, millimeter-wave and photonic applications) has entered into an amendment of its existing credit ...