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Veeco's Q1 Revenue up 21% Year-on-Year to $94.4m, Driven by LED Demand
May 9, 2017For first-quarter 2017, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $94.4m, rebounding further from $93.6m last quarter and up 21% on $78m a year ago. This is above ...
Tags: LED Demand, LED industry
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Shell to Sell Stake in Tongyi Lubricants to Huo's Group and The Carlyle Group
Dec 9, 2016Tongyi, a joint venture between Shell and Huo’s Group, is a prominent Chinese lubricant supplier with blending plants in Beijing, Xianyang of Shaanxi province and Wuxi of Jiangsu province. Shell acquired its 75% stake from Huo’s ...
Tags: Shell, Huo's Group, lubricant
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Shell to Sell Its Shareholding in Showa Shell to Idemitsu
Dec 9, 2016“The sale is consistent with Shell’s strategy to concentrate its Downstream footprint on a smaller number of assets and markets where it can be most competitive,” said John Abbott, Shell Downstream Director. ...
Tags: Shell, Idemitsu, shareholding
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6 April 2016 Sale of 40% Stake in Glencore Agricultural Products and Creation of Long-Term Partnership with CPPIB
Oct 27, 2016Sale of 40% stake in Glencore Agricultural Products and creation of long-term partnership with CPPIB Glencore plc (“Glencore”) is pleased to announce that it has entered into a definitive agreement with Canada Pension Plan ...
Tags: Agricultural Products, Glencore
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Constellation Brands to Sell Canadian Wine Business for $786m
Oct 24, 2016Constellation Brands has agreed to sell its Canadian wine business to Ontario Teachers' Pension Plan for about C$1.03bn ($786m). The sale includes Jackson-Triggs and Inniskillin wine brands and wineries, as well as Wine Rack retail ...
Tags: Constellation, Wines
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US Foods to Buy Italian Specialty Distributor Jeraci Foods
Oct 11, 2016US Foods has entered into an agreement to acquire specialty foods distributor Jeraci Foods to expand its reach in the Italian independent restaurant and pizzeria sectors. However, the terms of the transaction were not disclosed. Based ...
Tags: US Foods, Jeraci Foods, acquisition
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Tequila Producer Jose Cuervo Files for IPO in Mexico
Oct 8, 2016Tequila giant Jose Cuervo has filed for an initial public offering (IPO) on the Mexico stock exchange, with plans to raise about $1bn. The company revealed that the stock sale will be handled on its behalf by the local units of Morgan ...
Tags: Jose Cuervo, IPO, Mexico stock exchange
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Shell Agrees to Sell Its Shareholding in The Shell Refining Company in Malaysia to Malaysia Hengyuan International Limited (Mhil)
Sep 28, 2016Shell has reached a conditional agreement with Malaysia Hengyuan International Limited (MHIL) for the sale of its 51% shareholding in the Shell Refining Company (SRC) in Malaysia for $66.3 million. It is MHIL’s intention for SRC to ...
Tags: SRC, shareholding, MHIL, conditional agreement
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Oclaro Prices Public Offering of Common Stock
Sep 27, 2016Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has priced its public offering of 15,000,000 shares of its common stock at $8.35 per share. In addition, Oclaro has granted the ...
Tags: Oclaro, common stock, public offering
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Oclaro Announces Proposed Public Offering of Common Stock
Sep 21, 2016Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) says that it intends to offer (subject to market conditions and other considerations) 13,000,000 newly issued shares of common ...
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Multi Packaging Solutions Announces Fourth Quarter Results
Aug 25, 2016Multi Packaging Solutions International, a global leader in value-added print and packaging solutions for the branded consumer, healthcare, and multi-media markets, announced results for 4Q and Fiscal Year 2016. 4Q FY 2016 vs 4Q FY 2015: ...
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Amplify Snack Brands Launches Public Offering
May 19, 2016Amplify Snack Brands has launched a public offering for 10,000,000 shares of the company’s common stock. All shares are being sold by existing stockholders, including certain directors of the Company. Amplify will not receive any of ...
Tags: Public Offering, Amplify Snack
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Performance Food Group Company Launches Secondary Public Offering of Common Stock
May 19, 2016Performance Food Group Company has launched a secondary public offering of its common stock. Certain stockholders of PFG are offering for sale to the public 12 million shares of PFG’s common stock owned by them. The Selling ...
Tags: Common Stock, PFG shares
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Glencore to Sell 40% Stake in Agribusiness for $2.5bn
Apr 11, 2016Commodities trading company Glencore has entered into definitive agreement with Canada Pension Plan Investment Board (CPPIB) to sell 40% equity interest of Glencore Agricultural Products for $2.5bn in cash transaction. Glencore's ...
Tags: Glencore, Canada Pension Investment Board, CPPIB, Agricultural Products
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B&G Foods Announces Closing Of Public Offering Of Common Stock
Mar 18, 2016B&G Foods, Inc. has closed its public offering of 4,600,000 shares of its common stock, which includes 600,000 shares issued pursuant to the underwriter’s over-allotment option, at a public offering price of $33.55 per share. After ...
Tags: B&G Foods, Common stock