Delphi Automotive's board has approved a new powertrain spin-off into a publicly traded company, Delphi Technologies. The record date will be as of the close of trading (New York City time) on Nov. 22, 2017, and the distribution date will ...
Tags: Delphi Automotive
Iberdrola, through its American subsidiary AVANGRID Renewables, is currently building four wind farms and a photovoltaic plant in the USA, which will add almost 600 megawatts (MW) of capacity expected to be commissioned before the end of ...
Tags: Iberdrola, Renewable Energy
Irish glass and metal packaging group Ardagh stated that its revenue has increased 58% to €2.02bn for the second quarter of this year, when compared to €1.3bn for the same period in 2016. Adjusted earnings before interest, ...
Tags: metal packaging
Tyson Foods has completed the acquisition of AdvancePierre Foods, a provider of ready-to-eat sandwiches, snacks and other food products, for about $4.2bn. The acquisition to expands its Tyson Foods’ portfolio of prepared foods and ...
Tags: Tyson Foods, sandwiches, snacks
Brazilian meat processor JBS has cancelled its plans to move some of its operations outside the country after a government agency BNDESPar vetoed a proposed reorganization. BNDESPar, Brazil's state development bank BNDES’ investment ...
Tags: meat processor, JBS
US-based ConAgra Foods has completed the spin-off its Lamb Weston business to become a singularly focused, consumer branded food company. The company has been changed to Conagra Brands to reflect the new direction and streamlined focus. ...
Tags: ConAgra Foods, Lamb Weston
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 ...
Dialog Semiconductor (XTRA: DLG) and Atmel Corporation (NASDAQ: ATML) announced today that Dialog has agreed to acquire Atmel in a cash and stock transaction for total consideration of approximately $4.6 billion. The acquisition creates a ...
Tags: Dialog Semiconductor, Atmel, Acquisition
Inventec Corp., a major EMS (electronics manufacturing services) provider headquartered in Taiwan, reportedly has become a supplier to Fitbit, the American vendor of wearable devices that recently went public on the New York stock exchange ...
Asahi Kasei completed its acquisition of Polypore International. On February 23, 2015, Asahi Kasei announced a definitive merger agreement to acquire Polypore through a US subsidiary. This acquisition was completed on August 26, 2015, US ...
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PPG Industries has announced the completion of a $5 million expansion at its coatings manufacturing facility in Wuppertal, Germany. The project added equipment to existing buildings on the campus, supporting up to a 35 percent increase in ...
Tags: PPG Industries, Coatings
Luxembourg-based glass and metal products firm Ardagh Group has floated a new wholly-owned subsidiary Oressa to transfer its metal can packaging business, and raise around €2bn through an initial public offering (IPO). The company ...
Huami Co Ltd expects sales of its Xiaomi Mi Bands will reach 10 million in the third quarter, making it the largest maker of wearable fitness devices in the world. Launched last year, the Mi Band monitors fitness levels and tracks sleep ...
Tags: Wearable Devices, Fitness Devices
Marketer of everyday basic apparel, HanesBrands said it has executed its previously announced 4-for-1 stock split. “The New York Stock Exchange began reporting the split-adjusted number of shares outstanding and per-share stock ...
Tags: HanesBrands, basic apparel
Alliant Techsystems Inc. stockholders approved Tuesday the company's proposed merger with Orbital Sciences Corp., clearing the way for the spin-off next week of its firearms and Bushnell business as a new publicly traded company called ...
Tags: Vista Outdoor, Sporting Goods