The GBP71bn Anheuser-Busch InBev-SABMiller merger deal process is inching forward as both the companies have reached a final agreement. However, the deal is yet to gain approval from regulators and shareholders. Post clearances, the deal ...
US-based snacks manufacturer Snyder’s-Lance will acquire snack food and culinary nut company Diamond Foods for approximately $1.91bn, which includes $640m of debt. The parties signed a definitive agreement in this regard under ...
Tags: snacks, Diamond Foods
Capital equipment and engineering firm Barry‐Wehmiller is acquiring paper processing product line of Germany’s Bielomatik Leuze. With a pact already inked to that effect, the transaction is likely to be closed in the coming ...
US retailer and NASDAQ listed Dollar Tree, Inc said it has completed the acquisition of Family Dollar Stores, Inc., also a retailer offering name brands and quality, private brand merchandise. The combined entity will have sales exceeding ...
Tags: Dollar Tree
The General Motors (GM) has reportedly rejected a merger offer from Fiat Chrysler, which could have created a giant automotive company. Fiat Chrysler Automobiles CEO Sergio Marchionne had sent an email to GM counterpart Mary Barra in ...
Tags: General Motors, Fiat Chrysler
Seaboard Foods and Triumph Foods have formed a joint venture to construct a new pork processing facility in Sioux City, Iowa. The site work is expected to begin this summer and construction wil be completed by July 2017. The plant is ...
Tags: Seaboard Foods, Triumph Foods
Microsemi Corp of Aliso Viejo, CA, USA (which designs and makes analog and RF devices, mixed-signal integrated circuits and subsystems for communications, defense & security, aerospace and industrial markets) has entered into a definitive ...
Tags: Microsemi, Vitesse, Electronics
Fresh produce firm Univeg is exploring the possibility of a merger with fruits and vegetables processor Greenyard Foods and agribusiness Peatinvest. Univeg believes that the combination of three companies will be capable of offering the ...
Tags: Greenyard Foods, Univeg
For third-quarter 2014, RF front-end component maker and foundry services provider TriQuint Semiconductor Inc of Hillsboro, OR, USA has reported record revenue of $272.1m, up 18% on $230.8m last quarter and up 8% on $250.8m a year ago. This ...
Burger King is currently engaged in discussions to acquire coffee and doughnut chain Tim Hortons in a deal that would expand its product base in Canada and save corporate taxes. Both the parties are working on a deal that would create a ...
Tags: Burger King, Acquire, Food
Dollar Tree, a US based retailer of discount variety stores selling everything for $1 or less entered into a definitive merger agreement with Family Dollar Stores also a discount retailer offering name brands and quality, private brand ...
Tags: Dollar Tree, Family Dollar Stores, Apparel
Saudi Arabia's Rabigh Refining and Petrochemical Company or Petro Rabigh's second phase expansion project has turned it into one of the strongest "volume growth stories" in the country's chemical industry, UK-based bank HSBC said in a ...
Tags: Petrochemical, Sumitomo Chemical
Indian steelmaker Essar Steel has announced that it is merging its steel processing center and distribution unit with Essar Hypermart, its retail chain for steel, in order to cut costs, expand its business reach and deliver products to ...
Tags: Essar Steel, steelmaker
"Clariant had a promising start to the year with good volume growth and an increase in operating profitability," said CEO Hariolf Kottmann. "Overall, our businesses performed well in an improving but still mixed economic environment. The ...
Tags: Construction, Decoration, economy
Belgian frozen food firms Ardo and Dujardin Foods have entered into an agreement to merge their activities. The financial terms of the transaction have not been disclosed. The move is aimed at creating a strong working platform that ...
Tags: Dujardin Foods, frozen food, Ardo