Shuanghui International has agreed to acquire US-based pork producer and processor Smithfield Foods in an all-cash deal valued at $7.1bn, including the assumption of net debt. Shuanghui International is the majority shareholder of Henan ...
A strong stock market could open the floodgates for more tech IPOs in the wake of Friday's solid debut of Marketo and Tableau, but not all segments of IT may be able to ride the wave. Marketo, which sells cloud-based marketing software, ...
Georg Fischer announced the acquisition of a majority stake in Hakan Plastik A.S. in Cerkezk?y (Istanbul, Turkey). Hakan Plastik is the leading provider of plastic piping systems in the building technology and water infrastructure markets ...
During The Timken Company's 109th annual meeting of shareholders on Tuesday in Canton, Ohio, shareholders voted in support of the non-binding shareholder proposal to spin off the company's steel business with approximately 47 percent of the ...
Tags: Timken Shareholders, Split Steel
Buckeye Technologies Inc. and Georgia-Pacific LLC announced that they have reached a definitive agreement for Georgia-Pacific to acquire all of the outstanding shares of Buckeye Technologies' common stock for $37.50 per share in cash. The ...
Tags: Georgia Pacific, Textile
MetroPCS Communications, Inc. announced today that its stockholders overwhelmingly voted to approve all of the proposals required for closing the proposed combination with T-Mobile USA, Inc. With today's approval of the proposals by ...
Tags: T-Mobile, Consumer Electronics
CECO Environmental Corp has entered into a definitive agreement to acquire Met-Pro Corp in a cash and stock transaction valued at approximately US$210 million. New York Stock Exchange-listed Met-Pro is a global provider of product recovery, ...
Tags: CECO Environmental, Manufacturing
The acquisition strengthens and complements PowerSecure’s existing LED business with additional product lines and an expanded customer base, and adds strong skill sets around product design, product commercialization, manufacturing ...
Tags: LED Business, LED, Lighting
Vancouver, British Columbia-based Ridgemont Iron Ore Corp. and Canadian mineral exploration company Castillian Resources Corp. announced that they have entered into a Letter of Intent pursuant to which Castillian will acquire all of the ...
Tags: Iron Ore, Castillian Resources
On Wednesday, Fort Lauderdale, Florida-based service center Metals USA Holdings Corp. announced that its stockholders approved the adoption of the merger agreement, entered into on February 6, 2013, among Metals USA Holdings Corp., Reliance ...
Tags: Reliance Steel, Metallurgy, Mineral, Energy
Hoping to keep its stock price above $1 per share and preserve its New York Stock Exchange listing, Furniture Brands International is asking shareholders to approve a reverse stock split. Shareholders were notified in a recent proxy ...
Tags: Furniture Brands, Furniture, Furnishing
Funai Electric Company, Ltd. today announced that it has signed an agreement to acquire Lexmark International, Inc.'s inkjet-related technology and assets for approximately $100 million (approximately JPY 9.5 billion). Upon closing of the ...
Tags: Office Supplies, Inkjet
Fueled by acquisitions and new store openings, bedding retailer Mattress Firm recorded a 37% sales increase in the fourth quarter and saw sales top the $1 billion mark in the fiscal year that ended Jan. 29. The fiscal year sales of $1.007 ...
Tags: Mattress Firm, Daily Use
Caixa Seguros, a Brazilian subsidiary CNP Assurances, has signed an agreement to purchase 70% of the outstanding shares of Previsul, for a sum of BRL70m (€27m). Acquisition of Previsul, a Porto Alegre-based life insurance specialist, ...
Tags: health insurance, insurance, life insurance
Dell has received two counter-offers related to its plans to go private, with rival bids coming in from private equity fund manager Blackstone and entities associated with investor Carl Icahn. Reports of the offers surfaced in recent ...
Tags: Dell, Blackstone, Icahn Group