Constellation Brands has agreed to sell its Canadian wine business to Ontario Teachers' Pension Plan for about C$1.03bn ($786m). The sale includes Jackson-Triggs and Inniskillin wine brands and wineries, as well as Wine Rack retail ...
Tags: Constellation, Wines
An investor coalition worth $1.25tn is set to persuade 16 multinational companies to identify risks associated with industrial animal production and device strategies to roll out plant-based sources of protein. The coalition urges the ...
Asset management company Blackrock has joined a group of Volkswagen shareholders who are bringing a lawsuit against the German automaker over its diesel emissions scandal. Law firm Quinn Emanuel is expected to file complaint on behalf of ...
Tags: Blackrock, lawsuit, Volkswagen
Macfarlane Group has annouced its interim results for the six months to 30 June 2016. Graeme Bissett, Chairman of Macfarlane Group PLC, today said: “Macfarlane Group’s performance in the six months to 30 June 2016 is ...
Tags: Macfarlane Group, results
The Australian Competition and Consumer Commission will not oppose two separate proposals by consortia to acquire the 50-year lease of the Port of Melbourne, following careful consideration of potential cross-ownership interests and ...
Tags: ACCC, Port of Melbourne
International Paper reported second quarter 2016 net earnings attributable to International Paper of $40m ($0.10 per share) compared with net earnings of $334m ($0.81 per share) in the first quarter of 2016 and net earnings of $227m ($0.54 ...
Avery Dennison Corporation announced preliminary, unaudited results for its second quarter ended 2 July 2016. All non-GAAP financial measures referenced in this document are reconciled to GAAP in the attached tables. Unless otherwise ...
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KION GROUP AG, already one of the two largest suppliers of forklift trucks, warehouse equipment and related services with Linde and Baoli, amongst others, will become one of the largest global providers of intelligent intralogistics by ...
US-based private equity firm Wind Point Partners has acquired Evans Food Group and its subsidiaries. The financial terms of the deal have not been disclosed. Evans Food Group, which was founded in 1947 and acquired in 1985, is the maker ...
Tags: Wind Point, Evans Food, Pork Rind Snacks, Acquisition
Commodities trading company Glencore has entered into definitive agreement with Canada Pension Plan Investment Board (CPPIB) to sell 40% equity interest of Glencore Agricultural Products for $2.5bn in cash transaction. Glencore's ...
Tags: Glencore, Canada Pension Investment Board, CPPIB, Agricultural Products
McCormick & Company has revised its offer for Premier Foods to 65 pence in cash per each share of Premier Foods, valuing the latter at £1.5bn, and making its third approach to acquire the business. The revised offer follows two ...
Tags: McCormick, Premier Foods, Revised Bid
American flavor company McCormick may increase the bid price for UK based Premier Foods after its £494m offer was rejected twice earlier. Premier Foods, which owns Mr Kipling cakes and Bisto gravy was offered 60 pence per share ...
Tags: McCormick May, Premier Foods
Scandal-hit Volkswagen has got another jolt, as nearly 300 of its institutional investors have filed a multi-billion dollar lawsuit against the global automobile major. The law firm representing the investors said that the carmaker has ...
Tags: Volkswagen, Tilp, Investors
Home Retail Group has issued a trading statement for the eight weeks to 27th February 2016, a turbulent time for the company given the imminent sale of Argos and Homebase (the latter now completed). Chief executive John Walden ...
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Supremex, a North American manufacturer and marketer of a broad range of stock and custom envelopes and growing provider of packaging and specialty products,announced strong results for the quarter and year ended December 31 , 2015 and ...
Tags: Supremex, envelope market