US-based Dole Food has entered into an agreement to be taken private by the company's chairman of the board and CEO David H Murdock, in a deal valued at $1.2bn. Under the agreement, Murdock will pay $13.50 in cash for each share for all ...
Anders Holch Povlsen, the well-known fashion entrepreneur and owner of BESTSELLER, joins the Zalando shareholder group, acquiring 10 percent of the shares in Zalando. BESTSELLER is one of Europe's leading fashion companies, with fashion ...
Tags: Zalando, Apparel Etailer
Allied World Assurance Holdings (Ireland) has reached an agreement with Gravity Underwriting (Gravity), to acquire its 21.2% stake, for an undisclosed sum. As per terms of the strategic alliance, Gravity will assist in business ...
Happy Family, a leading organic baby and toddler food brand in the US, has introduced Happy Squeeze Greek Yogurt, a line of on-the-go pouches. The nutritious pouches are more convenient alternative to traditional Greek yogurt, and are ...
Tags: Happy Family, Greek Yogurt
Rigid packaging supplier Silgan has signed a definitive agreement to purchase Portola Packaging, a plastic closures manufacturer in the US for $266m. Silgan executive vice president and chief financial officer Bob Lewis said the ...
Tags: Rigid packaging, Portola Packaging
It is reported that OSRAM agreed to sell its traditional factory located in Shaoxing, China, because Siemens' subsidiary OSRAM achieved poor performance, and lighting equipment department intends to streamline business before it is listed ...
Tags: Osram, LED Lighting
Cheil Industries, a leading electronic materials company in the display industry, and Novaled AG, a world class provider in OLED technologies and materials, announced today that Cheil Industries acquires a majority stake in Novaled in a ...
Tags: Cheil Industries
Sika has made a binding offer of CHF 320 million to acquire the Building Adhesives Business of the Dutch company AkzoNobel. With annual sales of CHF 228 million, AkzoNobel Building Adhesives is a top-three player in its core European ...
Tags: Sika, Building Adhesives
It is reported that the Al Ezz Dekheila Steel Company, the largest steel company in Egypt and the Middle East and North Africa Region, has cut back the prices of steel rebar by EGP 200 per ton to hit EGP 4400 before tax in an attempt to ...
Tags: Ezz Steel, Steel Rebar Prices
Unisource Corporate, a developer of logistics software, has entered into an agreement with Garvey Nut and Candy, a distributor of candy items, to deploy its cloud-based platform Visionship G3 Transportation Management System. Nut and ...
Pharmaceutical marketing, research and development company Breckenridge Pharmaceutical has signed a deal to acquire certain assets of Pernix Therapeutics' subsidiary, Cypress Pharmaceuticals, for $30m. The assets included in the agreement ...
Specialty chemicals producer Clariant and Tasnee & Sahara Olefins have signed an agreement to establish a masterbatches joint venture (JV) in Saudi Arabia. Tasnee will acquire a 40% stake in Clariant's masterbatches operations in the ...
Tags: joint venture, Clariant
The top three carriers on Today's Trucking's Top 100 For-Hire Canadian fleets — TransForce, Mullen Group, and Vitran — have finished reporting their second-quarter 2013 results. Each company reported revenue drops of various ...
Tags: Transforce, Mullen
To help meet growing demand for fuel-efficient transmissions, ZF Friedrichshafen AG announced last month a $215 million expansion of the company's plant here. ZF plans to boost production of eight- and nine-speed automatic transmissions ...
Lisle, Illinois-based Suncoke Energy Partners, LP announced Tuesday that its wholly-owned subsidiary executed a definitive agreement to acquire 100 percent of the ownership interest in Kanawha River Terminals LLC (KRT) for $86 million. KRT ...
Tags: Suncoke Energy, Coal Terminal