XMS Capital Partners has announced that it served as financial advisor to Veritiv on its acquisition of All American Containers, a family-owned and operated distributor of rigid packaging, including plastic, glass and metal containers, ...
Tags: American Containers, Containers
Swiss food major Nestle is reportedly engaged in advanced level talks to sell its frozen food unit Davigel to Brakes Group, which is owned by Massachusetts based buyout fund Bain Capital. A person familiar with the situation told ...
Tags: Nestle, Brakes Group
Corrugated packaging provider Green Bay Packaging (GBP) has acquired Great Lakes Packaging Corporation and Midland Container Corporation from MidCon Holdings, a portfolio company of Arbor Investments, for an undisclosed amount. MidCon is ...
Tags: Corrugated packaging provider, Green Bay Packaging, Agriculture
Indian textile sector margins are expected to normalize in the first half of the current fiscal year (2014-15), says a research report released by Anand Rathi, which is a full service financial services firm with headquarters in Mumbai. ...
The U.S. economy slowed drastically in the first three months of the year as a harsh winter exacted a toll on business activity. The slowdown, while worse than expected, is likely to be temporary as growth rebounds with warmer weather. ...
Tags: economy, U.S.Economy
Italian dairy firm Parmalat is in negotiations to takeover Australian beverage and dairy products maker Harvey Fresh in a more than A$100m ($94m) deal. Headquartered in Western Australia, Harvey Fresh produces and markets fruit juices and ...
Tags: Harvey Fresh, dairy firm
KPMG's Italian business has purchased 3,500 BlackBerry 10 smartphones, and revealed plans to fully migrate its smartphone real estate to BlackBerry Enterprise Service 10. Financial services firm KPMG describes the struggling Canadian ...
Tags: Computer Products, software, Blackberry
Scottish insurance and financial services firm Borland Group has acquired the former Carlyle Insurance Group’s Kirkcaldy office, in a bid to strengthen its operations in the country. The acquirer did not reveal the transaction ...
Tags: Borland Group, Service
The New York Department of Financial Services (NYDFS) has approved the purchase of Sun Life Financial’s US annuity business by Delaware Life Holdings. Delaware Life Holdings is owned by shareholders of Guggenheim Partners, a ...
Tags: Delaware Life, Sun Life
The Chinese government has been busy probing Western firms this week. On Monday, the country announced it would investigate EU wine dumping into the Chinese market, an action that could see prices hiked on imported wine this year. On ...
Tags: Agriculture, Food
Dutch financial services firm ING has completed the sale of approximately 7.9% direct stake in Brazil-based insurance provider Sul América to International Finance Corporation (IFC). The sale follows the agreement that ING entered ...
DDoS attackers attempted to bring down an unnamed financial services firm earlier this week using one of the largest traffic bombardments ever recorded, mitigation firm Prolexic has reported. The 167 Gbps peak attack hit what is being ...
Tags: DDoS Attack, Financial Firm
The financial services firm has unveiled its new report entitled 2013 Global forest, paper, and packaging trend watch: A changing landscape: South America’s influence on global markets. The report states that significant capacity ...
Tags: paper, packaging, packaging industry
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
Global asset manager Principal Global Investors is selling a minority stake in Post Advisory Group to Nippon Life Insurance, in a move that can broaden Post’s distribution in Japan. Based in Santa Monica, California, Post is a ...
Tags: Nippon Life, Minority Stake