Archer Daniels Midland Company (ADM) has secured exclusivity in relation to the proposed acquisition of Chamtor, a France-based manufacturer of wheat-based sweeteners and starches. Pierre Duprat, president, ADM Europe, Middle East and ...
Tags: wheat, sweeteners
Chinese pork production company WH Group revealed that CDH Investments, one of its major investors, is planning to sell 10.61% stake in the company worth about HK$9.25bn($1.19bn). CDH is planning to offload a total of 1.55 billion shares ...
Tags: WH Group, CDH Investments
John Lewis has continued to outperform the market in uncertain trading conditions, with gross sales up 2.8% to £4.56bn (4.4% on a 52 week basis). To ensure that customers can shop whenever and however they want, John Lewis has ...
Tags: John Lewis, Trade condition, Annual summary
US-based packaged food company ConAgra Foods has signed an agreement to sell its private label operations to TreeHouse Foods for $2.7bn in cash, which excludes transaction expenses. Under the agreement terms, ConAgra Foods will sell ...
Tags: ConAgra Foods, TreeHouse Foods
Iron Maiden has introduced a new limited edition bottled brew to its existing product range, to mark the completion of the sale of 10 million pints of its Trooper beer. Created in partnership with Robinsons Brewery, the new Trooper 666 is ...
Tags: beverage, beer, Trooper 666, Trooper beer
Russian steelmaker Severstal has announced that it has entered into separate definitive transaction agreements to sell its Severstal Columbus and Severstal Dearborn subsidiaries, collectively known as Severstal North America, to US ...
Trafigura's Mining Group announced that it has entered into an agreement to sell its 98.68% stake in Compañia Minera Condestable SA ("CMC") to Southern Peaks Mining LP ("SPM"). Completion of the sale is subject to certain conditions ...
Freedom Communications Holdings Inc. and c Corp. on Thursday announced the completion of the sale of The Press-Enterprise in Riverside, Calif. Freedom acquired substantially all of the assets, which comprise the newspaper operations of ...
Italian insurer Generali Group has inked an agreement with Cattolica to divest 100% of the capital of Fata Assicurazioni Danni, in a transaction valued at nearly €179m. Generali noted that the transaction will enable it to further ...
Tags: insurer, Generali Group
TransForce has made a bid for Vitran, proposing a takeover at $4.50 per share. TransForce already controls 9.51% of the outstanding shares of Vitran. Vitran recently sold its US LTL division to the Moroun family in Detroit, which also ...
Tags: Transportation, Auto Parts
Dutch food firm Vion has completed the sale of its red meat and poultry activities to UK-based 2 Sisters Food. The sale included 11 processing facilities, including those in Coupar Angus, Cambuslang and Portlethen. The deal is expected ...
Tags: Vion, Red Meat, Poultry Operations
Finsbury Food Group has sold its free-from business to Genius Foods for Pound 21M to focus on its core bread and cake business and reduce debt. Genius Foods has a 50% share of the UK gluten-free bread market The free-from business ...
Tags: Finsbury Food Group, Genius Foods, UK
Britain’s biggest food manufacturer Premier Foods has confirmed the completion of the sale of its sweet pickles and table sauces business to Mizkan for pound 92.5M in cash. Premier Foods has completed the sale of its sweet ...
Tags: food manufacturer, Premier Foods, sweet pickles, table sauces
China's competition officials are still weighing Dole Food Co's deal to sell its global packaged food and Asian fresh businesses to Japan's Itochu Corp, forcing the two firms to delay completion of the sale. Dole had hoped to sign-off ...
Tags: Dole Food Co, global packaged food, fresh businesses, company news
Global consumer packaging group Rexam has received approval from the Chinese authorities and hopes to complete the sale of its Cosmetics, Toiletries and Household care products business for $459m to Sun European Partners’ affiliate. ...
Tags: Rexam, consumer packaging, Household care products, Food business