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Remaining Stake
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Saputo to Acquire Australian Dairy Firm Murray Goulburn for $1bn
Oct 31, 2017Canadian dairy giant Saputo has agreed to acquire Australia-based dairy processor Murray Goulburn Co-Operative (MG) for CAD1.29bn ($1.01bn). The is expected to complement the operations of Saputo's Dairy Division (Australia). Saputo ...
Tags: Saputo, dairy processor
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Greiner Packaging Buys Remaining Stake in Turkish JV
Aug 28, 2017Austria-based plastic packaging firm Greiner Packaging has acquired the remaining 49% stake in Turkish joint venture (JV). Greiner acquired 51% majority stake in Teknik Plastik and Teknik IML in 2015, which were merged to form Teknik ...
Tags: Packaging, Remaining Stake
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UK Competition Watchdog Approves Heineken's Takeover of Punch Taverns
Aug 23, 2017The UK's Competition and Markets Authority (CMA) has given its approval for the takeover of Punch Taverns by Dutch brewing giant Heineken. In June this year, the CMA raised the issue of affecting competition in 33 places in the UK, if ...
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Starbucks to Buy Remaining Stake in China Jv for $1.3bn
Aug 1, 2017Starbucks has agreed to acquire the remaining stake of 50% in East China joint venture (East China JV) from Uni-President Enterprises Corporation (UPEC) and President Chain Store Corporation (PCSC). Starbucks will pay $1.3bn in cash and ...
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Heineken Acquires Remaining Stake in Lagunitas Brewing
May 8, 2017Heineken has taken full control of Lagunitas Brewing after purchasing the Californian brewery's remaining 50% interest. Heineken, which initially purchased a 50% stake in Lagunitas in 2015, has not disclosed the the financial details of ...
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Lactalis to Buy Remaining Stake in Parmalat for Eur637m
Jan 6, 2017French dairy giant The Lactalis Group has offered its Italian subsidiary Parmalat a buyout offer of €637m for the 12.26% stake it doesn’t hold. The move from the Lactalis is to take 100% control of Parmalat in order to delist ...
Tags: dairy, Lactalis Group
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Saudi Public Fund to Buy 50% Stake in Kuwait Food Company's Owner
Dec 2, 2016The Saudi Public Investment Fund (PIF) has announced plans to buy 50% stake in Adeptio Group’s, which controls the Kuwait Food Company (Americana). However, financial details of the transaction were not disclosed. Saudi Arabia's ...
Tags: Kuwait Food, Food
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COFCO to Acquire Remaining Stake in Nidera Capital
Aug 26, 2016COFCO has reached an agreement to acquire the remaining minority stake in Nidera Capital to gain full ownership of the company. The minority stake has been bought by COFCO International from Cygne to gain 100% ownership in Nidera. The ...
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Skyworks Acquires Remaining Stake in Filter JV with Panasonic
Aug 8, 2016Skyworks Solutions Inc of Woburn, MA, USA (which manufactures analog and mixed-signal semiconductors) says that, for $76.5m, it has acquired the remaining 34% stake that it did not already own in the filter joint venture it created with ...
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BRF to Set up Halal Unit for Muslim Markets
Jul 5, 2016Brazilian meat company BRF has announced that it would establish a new subsidiary that will focus on supplying meat for Muslim markets. The company said it would set up a unit Sadia Halal that will hold assets related to the production, ...
Tags: BRF, Muslim Markets
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BRF to Acquire Remaining Stake in Oman's Frozen Food Distributor Al Khan Foodstuff
Apr 27, 2016Brazilian poultry exporter BRF has entered into an agreement to acquire the remaining stake in Oman-based frozen food distributor Al Khan Foodstuff (AKF). Currently, BRF owns 40% stake in AKF and the total acquisition is is estimated ...
Tags: Frozen Food, frozen food products
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Nestle Plans to Acquire Remaining Stake in Israeli Food Producer Osem
Feb 14, 2016Swiss food company Nestle is planning to acquire the remaining stake of 36.3% in Israel-based food manufacturer Osem for $840m. Nestle had originally invested in Osem around two decades ago, when it had taken 63.7% stake in the company, ...
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GualapackGroup Has Acquired a Majority Stake in Tradbor IndúStria E COMéRcio
Jul 20, 2015Flexible packaging firm GualapackGroup has acquired a majority stake in Tradbor Indústria e Comércio (Tradbor Stand-up-Pouches), a pre-made stand-up pouches manufacturer in So Paulo, Brazil. The Brazilian company is stated ...
Tags: packaging material, packaging carriage, GualapackGroup
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Epson Italia S.P.A. Bought The Remaining Stake and Fully Acquired for.Tex S.R.L.
Jun 8, 2015Epson Italia S.p.A., an Epson Group company has bought the remaining stake and fully acquired For.Tex S.R.L., a leader in the textile printing industry. Epson Italia which had purchased a 50 percent stake in For.Tex in 2012 completed the ...
Tags: Epson, textile printing
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G3 Global Grain Group Gains Majority Stake in Canadian Grain Handler Cwb
Apr 17, 2015Canada based agribusiness joint venture G3 Global Grain Group (G3) is set to acquire 50.1% stake in grain handler CWB for C$250m ($201m). G3 is a joint venture between the Canadian subsidiaries of Saudi Agricultural and Livestock ...