Canada Bread has announced that its shareholders have approved the company’s proposed sale to a wholly-owned subsidiary of Grupo Bimbo. At a special meeting on 3 April, the deal received approval from shareholders holding around ...
Tags: Canada Bread, Grupo Bimbo
Microsoft is to invest €170m (£141m) to expand its Europe, Middle East and Africa (EMEA) data centre in Dublin, Ireland. The expansion is scheduled to be completed by spring 2014, and will create 380 construction jobs and 20 ...
Antitrust regulators in the US have approved Microsoft's $7bn (£4.6bn) acquisition of Nokia's mobile phone business. The deal, announced in September, sees Microsoft take ownership of Nokia's Devices and Services business, which ...
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
Mylan Pharmaceuticals and Orion have entered into a settlement and license agreement, which dismisses the parties pending litigation related to Mylan's filing of an Abbreviated New Drug Application (ANDA) with the US FDA for the generic ...
Tags: Mylan, Orion, Generic Version
Google's Waze acquisition should not need an antitrust probe, according to the chairman of research and analysis firm TechMarketView, Richard Holway. The US Department of Justice (DoJ) had been urged to block Google's $1.3bn (£830m) ...
Tags: Google, Waze Acquisition
US-based health care benefits company Aetna will soon complete the acquisition of Coventry Health Care, following the receipt of clearance from the US Department of Justice (DOJ). After the completion of the $5.7bn in cash and stock deal, ...
Tags: Aetna, Coventry Health Care
HP has confirmed that its purchase of Autonomy is under investigation by the Serious Fraud Office (SFO), despite Autonomy's former CEO Mike Lynch (pictured) claiming that he had heard "absolutely nothing" from the investigative body. HP ...
The founder of hacking group Lulzsec, Sabu, has had his sentence postponed in order to continue working with the FBI. Sabu - real name Hector Xavier Monsegur - encouraged Lulzsec members to hack websites including those of the CIA, ...
BP said Tuesday it is ready to defend itself in court over civil liability charges brought against it in the US over the Macondo oil spill after attempts to settle out of court failed. BP late last year agreed with the US Department of ...
Autonomy, the software vendor led by Dr Mike Lynch (pictured) and bought by HP for $10.3bn (£7.1bn) in 2011, is to be investigated over allegations of accounting irregularities. The Financial Reporting Council (FRC) has revealed it ...
Tags: Autonomy, software, company news
BP announced its financial results for the fourth quarter and full year of 2012. Underlying replacement cost profit, adjusted for non-operating items and fair value accounting effects, was $4.0 billion for the fourth quarter, compared to ...
Tags: BP, financial results, fourth quarter
The Belgian brewer Anheuser-Busch InBev and Constellation Brands have revised agreement for AB InBev's complete divestiture of the US assets of Mexican beer company Grupo Modelo. The move follows a US Department of Justice decision to ...
Tags: brewer, Anheuser-Busch, InBev, Constellation Brands, Grupo Modelo
US milk processor Golden Guernsey, once owned by Dean Foods, has gone into administration. Owner OpenGate Capital yesterday (8 January) announced the Wisconsin-based firm had filed for Chapter 7 bankruptcy in Delaware bankruptcy court. ...
Tags: Dairy firm, Dairy, milk processor, Foods
Driller Transocean has agreed to pay $1.4 billion in fines and penalties and to plead guilty to one count of violating the Clean Water Act in connection with the 2010 Deepwater Horizon explosion and spill in the Gulf of Mexico, the US ...