Japanese drinks company Asahi Group has agreed to acquire SABMiller’s Peroni, Grolsch, Meantime brands for $2.9bn, clearing another hurdle for the Anheuser-Busch InBev and SABMiller’s $108bn merger. The acquisition is ...
Tags: Asahi Group, Acquisition, SABMiller, Merger
LED chip and component maker SemiLEDs Corp of Hsinchu, Taiwan has effected a one-for-ten reverse stock split of its outstanding common stock. The reverse stock split was approved by the board of directors on 7 January and by shareholders ...
Tags: SemiLEDs
Holman Automotive will acquire Kuni Automotive to create one of the largest privately owned dealer networks in the US. The acquisition, expected to be finalized this summer, will create a bi-coastal dealer network with 33 dealerships and ...
China-based investment firm Legend Holdings has signed a strategic agreement with Australian seafood company Kailis Family. Under the agreement, Legend Holdings and Kailis Family will form a joint venture named KB Food Group, in which ...
Tags: Legend Holdings, Cooperation, Kailis Family, Seafood
VTech agreed to acquire 100 per cent of the outstanding common stock of LeapFrog at $1.00 per share. VTech Holdings Limited has completed its acquisition of LeapFrog Enterprises, Inc. Under the terms of the previously announced ...
Tags: VTech, LeapFrog, Acquisition
Columbia Pacific Advisors said it sold POW Gloves to Rojo Australia, Spacecraft Collective to Omen Longboards and Holden Outerwear to unidentified private investors 30 months after investing $2.5 million in the partnership that used to own ...
Tags: POW Gloves, Rojo Austalia, POW Holdings Brands, D.A, Davidson&Co.
Chromatin and Zaad Holdings have entered into a long-term alliance to produce and distribute planting seed for grain and forage sorghum throughout the African continent. Zaad, a vertically integrated agriculture company, distributes seed ...
Tags: Zaad, Chromatin, Planting seed
Fresh food packaging manufacturer Linpac plans to invest £1.2m to boost its production at St Helens manufacturing site in the North West of England. With the investment, Linpac will produce a further 200 million expanded ...
Tags: Linpac, Investment, St Helens manufacturing, EPS
Town Sports International Holdings, Inc. (TSI) (NASDAQ: CLUB), has partnered with the NYC's extreme athletic-based training studio, Tone House. Tone House is the second studio brand joining TSI to form a curated studio collective. TSI is ...
Tags: Town Sports, NYC, Tone House, TSI, Studio brand
LeapFrog declined MGA's first offer last month, choosing instead to be acquired by VTech Holdings. MGA Entertainment founder and CEO Isaac Larian is readying a fresh bid for LeapFrog, after his initial bid was rejected last month. ...
Yue Yuen reported revenues rose 5.3 percent to $8.43 billion in 2015, led by growth in its network of retail stores. Net pProfits grew 17.9 percent Highlights Revenue up 5.3 percent to US$8.43 billion for the year ended December 31, ...
Private investment firm Clearlake Capital Group has completed the acquisition of snacks company That’s How We Roll (THWR) for an undisclosed sum. The acquisition of the Mrs. Thinsters and Dippin' Chips brands owner was completed ...
Tags: Clearlake Capital, Aquisition, Snacks, THWR
Pershing Square, a hedge fund run by investor Bill Ackman, has sold 20 million shares of US-based confectionery giant Mondelez International. Following the sale, the investor now owns only a 5.6% of the confectionery company. In a ...
Tags: Pershing Square, Bill Ackman, Mondelez
Fresh food packaging manufacturer Linpac is planning to invest €8m in new extrusion and thermoforming capacity in Pravia, Spain, to meet growing demand for PET and rPET. In order to deliver a greater range of lighter, more ...
Tags: Fresh food packaging manufacture, Linpac, Investment, PET, rPET
Home Retail Group has issued a trading statement for the eight weeks to 27th February 2016, a turbulent time for the company given the imminent sale of Argos and Homebase (the latter now completed). Chief executive John Walden ...
Tags: Home Retail Group, Argos