Sysco Corporation and US Foods today announced an agreement to merge, creating a world-class foodservice company. The total enterprise value of the transaction is approximately $8.2 billion and the combination has been approved by the Board ...
Tags: US Foods, Sysco Corporation
BASF has signed a contract to sell its Vinuran PVC modifier business to Kaneka Belgium N.V., a subsidiary of Kaneka Corporation, Japan. The transaction comprises intangible assets and inventory. It does not include a transfer of the ...
Tags: PVC Modifier, BASF
Antitrust regulators in the US have approved Microsoft's $7bn (£4.6bn) acquisition of Nokia's mobile phone business. The deal, announced in September, sees Microsoft take ownership of Nokia's Devices and Services business, which ...
The DuPont Co. said strong demand for agricultural products in Latin America offset weak pricing for a key industrial pigment in contributing to an increase in third-quarter earnings. The Wilmington chemical company reported net income of ...
Tags: DuPont, report, third quarter
Shunfeng Photovoltaic International, a China-based maker of solar-grade crystalline silicon wafers, cells and PV modules, has reportedly obtained permission from China's authorities to acquire Suntech Power (Wuxi), the flagship subsidiary ...
Brazilian regulators are to investigate Google after claims by Microsoft and Brazilian search rivals that the firm is involved in anti-competitive practices. Brazil's antitrust watchdog Cade said that it was looking into accusations that ...
Tags: Computer Products, software, Google
Advent International has sold Oxea, one of the largest global manufacturers of Oxo chemicals to the Oman Oil Company (OOC), a commercial company wholly owned by the Government of the Sultanate of Oman The acquisition is subject to ...
Tags: Oxea, Advent International
Google seems to have relented in its long-running battle with the European Union over changing its search engine to more accurately reflect rival companies and services. The EU's commissioner responsible for competition, Joaquin Almunia, ...
Tags: google, Computer Products
The US Federal Trade Commission in July announced it had filed a complaint aimed at stopping Ardagh’s acquisition of the Verallia North America (VNA) unit, which makes jam jars and drinks bottles for the US market. Ardagh said that ...
Tags: Ardagh, Anti-Trust Issues
The National Retail Federation asked a federal judge to “right or reject” a proposed settlement of an antitrust lawsuit over credit card swipe fees, saying the measure needs to be rewritten to do more to bring the soaring fees ...
Hudson's Bay Company reported its results for the 13-week period ended August 3, 2013. Consistent with the first quarter of fiscal 2013, the second quarter was characterized by strong same store sales growth at Hudson's Bay and rising ...
Tags: Apparel
The European Parliament voted Wednesday to limit the use of biofuels in the European Union, one of a series of potential changes to the bloc's climate-change policies that investors say are creating uncertainty and bottling up energy ...
Tags: biofuels, Metallurgy, Mineral, Energy
Alcoa's declining market capital and low share price prompted officials with S&P Dow Jones Indices to remove the US aluminum major from its Dow Jones industrial average Tuesday. "Alcoa's market capital was dead last among the 30 ...
Tags: Metallurgy, Mineral, Energy, aluminum
Microsoft wants to build a better mobile phone through its acquisition of Nokia's mobile phone business. One way it hopes to do that? By improving its maps applications to better compete against Google's. "An effective alternative to ...
The China Automobile Dealers Association is beginning an investigation into the pricing of foreign car brands in China. "We are collecting data to investigate the price structure of imported vehicles in a bid to find out what is behind ...
Tags: Foreign Automakers