Olam International, a Singapore-based food ingredients supplier, has signed an agreement to divest up to 14.99% of its stake in New Zealand-based Open Country Dairy (OCD) to Talley’s Group for NZ$46.5m. The company currently holds a ...
Due to the expected strong concern about the impact on the market, BlueScope's merge plan of taking over OneSteel's sheet and coil distribution business has hit a hurdle. It’s known that the proposed acquisition would remove ...
Tags: steel, metallurgy
Bunge North America, a unit of food processing firm Bunge, has purchased the wheat milling business of Grupo Altex in Mexico for an undisclosed amount. Grupo Altex produces a wide range of products from wheat including, bread flour, ...
Tags: Wheat Milling, Bunge North America
Greensboro, N.C.-based Burlington, a division of International Textile Group Inc. (ITG), is celebrating its 90th anniversary this year. The company was established in 1923 in Burlington, N.C., by J. Spencer Love, who had purchased his ...
Tags: textile, Burlington
Argentina plans to increase the allowance for refiners and other companies to import diesel and gasoline supplies under a tax-free program in 2014, Economy Minister Axel Kicillof said Friday. He said the government will allow companies to ...
Tags: Fuel Imports, Tax-Free Program, Argentina
Tangiers Petroleum (u/r) Proposed takeover offer for Jacka Resources. The proposed takeover is an all share offer of 0.468 Tangiers shares for every share in Jacka Resources, implying a pre-merger share price of 11.1p for Tangiers (shares ...
Tags: Oil and Gas News, London Market, Tangiers, Jacka
KBA's majority takeover of Kammann Maschinenbau in Bad Oeynhausen, Germany, sees the firm enter the directly decorating luxury glass packaging sector. Along with screen-printing systems, Kammann's flexible transport systems can also be ...
Tags: KBA, Packaging Market
US-based Archer Daniels Midland's (ADM) proposed acquisition of grain handler GrainCorp for A$3.4bn ($3.1bn) has been rejected by the Australian Government over concerns that the deal would go against the national interest. The move comes ...
BlackBerry's chief operating officer, Kristian Tear, and chief marketing officer, Frank Boulben, have both left the company with immediate effect, while chief financial officer Brian Bidulka will leave at the end of the financial year, the ...
Tags: exec, BlackBerry, management, shake-up
At an extraordinary general meeting shareholders in the Canadian OSB manufacturer Ainsworth Engineered approved the takeover by Louisiana-Pacific agreed on 4 September. On 31 October, the Supreme Court of British Columbia also approved the ...
Tags: Ainsworth, Approve Takeover, LP
US building component group Jeld-Wen is to close down the plant in Christiansburg belonging to Craftmaster by 31 January 2014. The total of 109 employees affected by the measure are to be offered jobs in other Jeld-Wen locations. Within a ...
Hologic Inc. (Bedford, MA), a diagnostic and medical imaging equipment specialist, is defending itself against a hostile takeover from activist investor Carl Icahn, who know owns a 12.63% stake in the firm. Icahn recently announced his ...
Tags: Hologic, hostile takeover
If the Cooper Tire & Rubber Co. and Apollo Tyres Ltd. deal goes through, Goodyear Tire & Rubber Co. will be the last major tire manufacturer "born in the U.S.A." The Bruce Springstein song reference aside, few who followed the events ...
Tags: anniversary, Goodyear, Grim Reaper
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
Clothing has always been the first thing to change following with the birth of a new Chinese dynasty, says Fang Hongjun, who has studied Qing Dynasty (1644-1911) clothing for 24 years at Beijing's Palace Museum. The Qing Dynasty's ...
Tags: Fashionable Dynasties