Chang Wah Electromaterials (CWE) announced recently it will withdraw from Top Energy Saving System's (TESS) board. CWE planned to take over TESS management and acquire the company, but the merger deal has been called off since TESS former ...
Soft drinks firm Britvic has signalled its willingness to either renegotiate the terms of its merger with business rival AG Barr or abandon the deal, after the Competition Commission issued a final approval today (July 9) Britvic is ...
Tags: Agriculture, Food, Soft drink
US-based frozen food manufacturer Bellisio Foods has agreed to acquire Overhill Farms in an all-cash merger deal valued at approximately $80.9m. Overhill Farms is a supplier of custom prepared frozen foods for branded retail, private ...
Tags: Bellisio Foods, Frozen Foods
T-Mobile USA is drawing closer to finishing its merger with MetroPCS Wireless as a deadline for action by the U.S. Department of Justice passed on Tuesday. T-Mobile agreed last October to merge with the smaller MetroPCS, forming a larger ...
Tags: T-Mobile USA, MetroPCS Wireless, merger
Nationwide Mutual Insurance Company has formally integrated Harleysville Mutual Insurance Company and Harleysville Group into its underwriting businesses. Harleysville president and chief operating officer Michael Browne said that ...
Tags: Nationwide Mutual Insurance, Single Entity, underwriting businesses
Avocet Resources plans to merge with Lion One Metals with the execution of a deal at a substantial premium,that values Avocet at AUD 7.6 million. Significantly,the merged entity will have a market capitalization of CAD 35 million and ...
Tags: Avocet Resources, Lion, substantial premium
Italian insurer Fondiaria-Sai is prepared to go ahead with initial plans to merge with Unipol Gruppo Finanziaria, together with its parent company, Premafin Holding di Partecipazioni and its subsidiary Milano Assicurazioni. Fondiaria-SAI ...
Tags: Fondiaria Sai, Unipol Gruppo Finanziaria, merger, initial plan
Presidential Life and Athene have inked a definitive agreement for an Athene subsidiary to acquire Presidential Life for $14 per share in cash, in lieu of an aggregate purchase price of nearly $415m. In pursuant of the terms of the merger ...
Tags: Presidential Life and Athene, Presidential Life, acquisition
WellPoint and Amerigroup have inked a definitive agreement in accordance with which the first will acquire Amerigroup, which will enable the acquirer to effectively and efficiently serve the growing Medicaid population. WellPoint expects ...
Tags: WellPoint, Amerigroup, Medicaid population, insurance
California’s Nielsen Benefits Group (NBG) has merged with Georgia-based employee-benefits only firm Digital Insurance, in an effort to enhance client services and strengthen capabilities. As per terms of the merger deal, NGB will ...
Tags: Nielsen Benefits Group, Digital Insurance, merger, client services
Downtown-based PPG Industries is sitting on about $2 billion in cash as it goes into the fourth quarter, which is usually a cash-generating quarter, said Chairman and CEO Charles Bunch, and how the coatings and specialty materials company ...
Tags: PPG Industries, Acquisitions, titanium dioxide raw material
05 Jun 2012 Optical component and module maker insists that its pending acquisition by Oclaro represents better deal for shareholders. Oclaro stock slump prompts private bid Opnext's board of directors has rejected an unsolicited ...
Tags: Oclaro, Opnext, optical components and modules, manufacturer, shareholders
Samsung Electronics has announced that it will merge its LED division with its broader corporate entity effective April 1. The Board of Directors of Samsung Electronics has announced its decision to seek a merger with Samsung LED Ltd, the ...
Tags: Market View, led