Breakfast cereal producer Kellogg plans to acquire a majority stake in Egyptian confectionery-maker Bisco Misr for an undisclosed amount. The company is eyeing around 51% stake in Bisco Misr, following a due diligence. Bisco Misr, ...
Tags: Kellogg, Bisco Misr, Breakfast cereal
Fairfax Financial Holdings, the Canadian investment fund leading a takeover of smartphone maker BlackBerry, is to invest $250m in BlackBerry via a $1bn private placement of convertible debenture. The financing move marks the close of ...
The Blackstone Group has pulled out of the race to buy Dell. The investment group, together with tech investors Insight Venture Partners and Francisco Partners, had made an original offer of $14.25 per share (£9.28). Further ...
Tags: dell, Computer Products
Dell last week released a filing to the US Securities and Exchange Commission (SEC) that highlighted commercial considerations that led to the firm looking to go private, citing the financial outlook for the PC market as a primary reason. ...
Tags: Computer Products, dell, software
A special committee of Dell board members is apparently looking at takeover proposals to rival original owner Michael Dell's private offer of $24.4bn (£16bn). According to source quoted by Reuters, higher bids from Investment group ...
Tags: Dell, Takeover Bids, Computer
ConAgra Foods has swooped to buy US own-label group Ralcorp Holdings, a business that rejected a number of takeover bids from the company last year. The $90-a-share deal, which values Ralcorp at US$6.8bn, was announced today (27 ...
Tags: Ralcorp Holdings, Post Holdings, packaged food companies
Singapore conglomerate Fraser and Neave has booked a drop in annual profits from its dairy business after production was hit by the floods in Thailand late last year. F&N, which is the subject of a takeover battle, reported its results ...
Tags: dairy profits, dairy, dairy business
The North American meat-focused division of Sara Lee will attract acquisition bids when the company spins off its Europe-based coffee-and-tea division in the future. The new company, which is to be named Hillshire Brands, is expected to ...
Tags: meat-focused division, acquisition bids, coffee-and-tea division
French poultry firm Doux,which entered into administration in June 2012 putting the livelihood of over 3,400 workers and 800 farmers at risk,has received 11 takeover bids. Bidders included co-operative Terrena,agribusiness firm La ...
Terrena,France's leading food cooperative,is planning to place a bid for French poultry firm Doux,which entered into administration in June 2012. A Terrena spokesperson told just-food.com that the company is seeking to place a bid,but the ...
Tags: place a bid, poultry, stake