Axalta Coating Systems Ltd. has commenced a secondary offering of 35,000,000 common shares. The shares will be offered by certain affiliates of The Carlyle Group (the “selling shareholders”). The offering is being made pursuant ...
New Zealand-based milk marketing company A2 Milk Co is set to foray into the US in mid-April with a range of fresh milk cartons. The firm, which has been in the Australian market for seven years, has commenced trading on Australian ...
With Chinese currency the yuan, also known as the renminbi, enjoying rising acceptance, banks and enterprises in the Gulf Arab region are seeking ways to catalyze the growing demand for conducting trade with the currency. "By the end of ...
The U.S. trade deficit in December jumped to the highest level in more than two years as exports fell and Americans bought a record amount of imports — a potentially worrisome development that could weigh on overall economic growth. ...
Tags: Trade Deficit
Medtronic as of Monday expected to complete its $48 billion merger with Covidien—after clearing its final hurdle with the Irish High Court's sanctioning of the deal. Bloomberg dubbed the merger the biggest inversion ever, while ...
A number of Québec's institutional investors and bankers have announced a $470m investment, in the form of preferred units, in Agropur Cooperative, Canada's largest dairy cooperative. The transaction supports the cooperative's ...
Tags: dairy product, Agriculture
Diamond manufacturers are entering an era of fierce competition as the looming decline in rough diamond supply is expected to place additional pressure on their already razor-thin profit margins. Manufacturer always operates with a ...
The Federal Government has announced an expansion of EFIC’s loan powers to enable the organisation to support more small and medium-sized Australian exporters. These changes will allow EFIC to support SME exporters more efficiently ...
Tags: Export Finance, EFIC
An agreement has been reached to create the world’s third largest quick service restaurant company, merging North American-based beverages and baked goods restaurant Tim Hortons Inc. (Tim Hortons) with global burger restaurant Burger ...
Tags: Burger King, Tim Hortons, fast food
TORONTO — After several slow years, merger and acquisition activity is on the rise again in the Canadian trucking industry, according to PwC's Capital Markets Flash, a provider of tax, consulting and deals services. "We're seeing ...
Tags: Merger and Acquisition Activity, Trucking, Accessories
Daimler AG (stock-exchange symbol: DAI) is continuing along its path of profitable growth. In the second quarter of 2014, the Group achieved new record levels of unit sales and revenue and significantly increased its operating profit from ...
Tags: Daimler AG, profitable, Auto Parts
Canada-based dairy cooperative Agropur has agreed to acquire the assets of US-based cheese and dairy ingredients company Davisco Foods. As part of the acquisition, the company will acquire three Davisco cheese processing factories in ...
Tags: Agropur, Davisco Foods, Food
Goodyear Tire & Rubber Co. announced an update to its 2014-2016 capital allocation plan that will allow the company to invest approximately $500 million to build a new consumer tire plant to support demand in North America and Latin ...
Tags: Tire, Rubber Tire
Ford Automotive Finance China, a subsidiary of the Ford Motor Credit Company, has completed its first asset-backed securitization (ABS) in China to support the financing of Ford-brand vehicle sales Ford Automotive Finance (China) is the ...
Tags: Ford, Asset-Backed Securitization
Sycamore Partners announced that it has completed its acquisition of The Jones Group Inc. The transaction is valued at approximately $2.2 billion. "We are excited to have finalized the acquisition of The Jones Group and are confident ...
Tags: Sycamore Partners, Jones Group