American branded food giant Hormel Foods has purchased Italian meats company Fontanini Italian Meats and Sausages from Capitol Wholesale Meats for $425m. Based in Chicago, Fontanini is a branded foodservice business which was established ...
Tags: Hormel Foods, Meats
SunOpta has agreed to divest equipment used in the production of flexible, re-sealable pouches from its Allentown, PA facility to Skjodt-Barrett for $2m. The asset sale is in conjunction with the Company’s decision to discontinue ...
Tags: SunOpta, Pouch Products
Australian wholesaler and distributor of groceries Metcash is attempting to stem recent losses in its Liquor division, entering into an agreement in late February 2015 to purchase Southern Independent Liquor Group (SILG), which trades under ...
Tags: Liquor Sales, Food
Impacted by foreign exchange fluctuations, NYSE listed, apparel marketer, Gap Inc reported flat sales growth in the third quarter of fiscal 2014-15 as against the same period of previous fiscal year. For the third quarter of 2014, Gap net ...
Tags: Sales Growth, Exchange Fluctuations, Apparel
Schutt Sports acquired the Adams, Trace, Bolco Bases, Neumann Gloves and Bucks Belts brands and accompanying spring 2015 inventory last week, in a deal that clears the way fro Adams USA Inc. to liquidate. Adams USA Interim CEO Tom Haas ...
Tags: Schutt Sports, Gloves, Bucks Belts, Sporting Goods
Black Diamond, Inc., a leading global supplier of innovative active outdoor performance equipment and apparel, has completed the asset sale of its Gregory Mountain Products, LLC ("Gregory") brand for $84.1 million to Samsonite LLC. The ...
Tags: Black Diamond, Apparel, Accessories
Net sales during the fourth quarter 2013 increased 3.3% to $91.6 million compared to $88.7 million during the same period in 2012. Domestic sales increased 6.2% or $3.4 million while international sales decreased 1.6% or $0.5 million. Sales ...
Norway's Statoil on Friday postponed its 2020 output guidance of 2.5 million barrels/day of oil equivalent by up to four years, as it reported a fall in fourth quarter output and an 8% cut in planned investment to $20 billion/year for the ...
Tags: Norway's Statoil, Mineral
Pakistan-based Azgard Nine Ltd (ANL), one of the largest denim products company by sales in Pakistan, continues to be in the grip of liquidity crisis as there is strong resistance to fresh working capital loans from the lenders, who have ...
Tags: Azgard Nine, Liquidity Crisis
Energy Fuels Inc. (NYSE MKT:UUUU) (TSX:EFR) ("Energy Fuels" or the "Company") is pleased to announce that it has entered into a Securities Purchase Agreement to sell all of its shares of Bayswater Uranium Corp. ("Bayswater") to Mega Uranium ...
Fifth & Pacific Companies, Inc. announced the commencement of an offer to purchase (the "Offer") up to $125.0 million aggregate principal amount (the "Offer Amount") of 10.50% Senior Secured Notes due 2019 (the "Notes") issued by the ...
Tags: Fifth&Pacific, Apparel
UK-based insurer Beazley has launched a new product, called Deal Protect, to cover losses from inaccuracies in representations (reps) or warranties made in share or asset sale and purchase agreements. The new coverage, which is ...
On 16 July 2013, Billabong International Limited announced that it had entered into agreements with entities advised by Altamont and entities sub-advised by GSO Capital Partners (the credit arm of the Blackstone Group, and together with ...
Tags: Altamont-LED
Large Scale Solar UK will be the first and only dedicated large scale conference of its kind this year. The event will explore the current renaissance of large scale solar in the UK, its potential investment opportunities and what can be ...
Tags: Solar, Metallurgy, Mineral, Energy
A consortium led by Italian gas network company Snam and including the GIC fund and France's EDF has signed an agreement with Total to buy its TIGF networks and storage business in southwest France, the consortium said in a joint statement ...