UK-based chilled foods group Bakkavor has sold its businesses in France and Spain to French co-op Agrial. Bakkavor said today (23 November) it has reached a formal agreement with Agrial, Société Cooperative Agricole et ...
Tags: chilled foods, food cooperative, food, chilled foods group
Canadian c-store chain Couche-Tard has booked an increase in first-half profits boosted by acquisitions. In the 24 weeks ended 14 October, earnings amounted to C$278.1m (US$279.7m), a 9.9% increase on the prior year period. The group said ...
Tags: acquisition, Couche Tard
Business Line reported that Bharat Wire Ropes is to invest INR 500 crore in a new plant at Chalisgaon, Maharashtra, to expand its total manufacturing capacity to 76,000 tonnes. Bharat Wire Ropes said that currently, the specialty wire ...
SunCoke Energy Inc announced plans to form a master limited partnership, SunCoke Energy Partners LP, which will have an ownership interest in certain of its coke-making facilities. We estimate that consolidated credit metrics will remain ...
Tags: SunCoke Energy, coke, coke making facility
Neiman Marcus Inc. reported financial results for both the fourth quarter and fiscal year ended July 28, 2012. For the fourth quarter of fiscal year 2012, the Company reported total revenues of $1.00 billion compared to $919.7 million in ...
Tags: Neiman Marcus, financial results, investment
The Office of the Textile Commissioner has informed that those textile companies, who are willing to apply under the Restructured Technology Up-gradation Scheme (R-TUFS) but have not applied for subsidy benefits till date, can submit their ...
Tags: India, UFS Subsidy
Hancock Fabrics Inc. announced that it has entered into an amended and restated loan and security agreement. The new, $100 million senior secured asset-based credit facility (Working Capital Facility) matures in November 2016 and replaces ...
Tags: Hancock Fabrics Inc, fabrics, GE Capital, textile
Supervalu Inc has booked a jump in second-quarter losses, driven by charges related to the supermarket group's turnaround plan. The company said its second-quarter net loss totalled US$111m in the three months, up from $60m in the ...
Tags: Supervalu Inc, losses, fiscal, debt refinancing, food
Cornerstone Therapeutics has acquired a privately-held specialty pharmaceutical company focused on the acute-care hospital setting, EKR Therapeutics. As part of the merger, Cornerstone will assume the responsibility to market and promote ...
Tags: Cornerstone Therapeutics
CVC Capital Partners Ltd., the buyout firm that owns Formula One, agreed to buy Ahlsell AB for 1.8 billion euros ($2.4 billion) to expand in the wholesale supply of tools, machinery and building products. CVC is buying the Stockholm-based ...