Mondelez International has agreed to acquire 80% stake in Vietnam-based Kinh Do's snack business for $370m, in order to strengthen its presence in emerging markets. The transaction includes the acquisition of Kinh Do's two production ...
Tags: snack business, Agriculture
French dairy major Danone has agreed to acquire 25% stake in Chinese infant formula producer Yashili for €437m. The move forms a part of the company's strategy to expand its footprint in China. Under the agreed terms, China ...
Coca-Cola has agreed to acquire 29.4% stake in Coca-Cola Amatil's (CCA) Indonesian operations, in a $500m deal. An agreement to this effect was signed between the two companies. The investment will be used for the expansion of CCA ...
Diamond Estates Wines & Spirits has completed the sale and leaseback of its De Sousa Estates Winery in Beamsville, Ontario to Oakwest Corporation, a corporation that owns approximately 31% of the issued and outstanding common shares of the ...
Tags: Diamond Estates, common shares, Agriculture
Diageo-owned Indian alcoholic beverages company United Spirits is planning to divest two distilleries in the states of Andhra Pradesh and Kerala. The move is in line with the company's strategy to boost its resources by cutting down ...
Tags: United Spirits, Distilleries, Food
The board of Kishore Biyani led Future Lifestyle Fashions (FLFL) has approved issue of equity shares and compulsory convertible debentures (CCDs) on preferential basis, which will help the fashion retailer, raise nearly Rs 175 crore. In a ...
Tags: FLFL, CCDs, Accessories
Victoria PLC, the international designers, manufacturers and distributors of innovative floorcoverings, announces, subject to shareholder approval, a proposed special dividend of £2.92 per Existing Ordinary Share ("Special Dividend"). ...
Tags: floorcoverings, Victoria PLC
Grupo Bimbo has completed the acquisition of Canada Bread Company, the bakery products division of Maple Leaf Foods, in a $1.66bn deal. According to Grupo Bimbo, the integration of Canada Bread will be reflected in its consolidated second ...
Tags: Grupo Bimbo, Bread
Foster Wheeler AG announced that its board of directors has recommended the payment of a cash dividend of $0.40 per registered share, subject to approval by the company's shareholders at the company's annual general meeting, to be held on ...
Tags: Foster Wheeler
AtriCure, a provider of Atrial Fibrillation (Afib) medical device, and Endoscopic Technologies, d/b/a Estech, have entered into a definitive merger agreement under which AtriCure has agreed to acquire Estech. Under the agreement, AtriCure ...
Frederick's of Hollywood Group Inc. announced that it has entered into a definitive merger agreement that provides for the acquisition of the Company by a group consisting of HGI Funding LLC, a wholly owned subsidiary of Harbinger Group ...
Tags: HGI Funding, Hollywood
Hershey Netherlands, a wholly-owned subsidiary of Hershey, has signed an agreement to acquire 80% stake in Shanghai Golden Monkey Food JSC (SGM) for an undisclosed amount. Financial terms of the transaction were undisclosed. With ...
Tags: Hershey Netherlands, chocolate
Oracle is set to acquire business-to-consumer marketing software vendor Responsys for US$1.5 billion in a bid to flesh out its own capabilities as well as strike back at rivals such as Salesforce.com and Microsoft. Responsys’ ...
Tags: Oracle, Marketing Software
Ireland-based Covidien has announced a definitive agreement to acquire Israel-based Given Imaging for a total of approximately $860m. Pursuant to the terms of the agreement, Covidien will acquire all of the outstanding shares of Given ...
Tags: Given Imaging, Covidien
VANCOUVER, Dec. 3, 2013 /PRNewswire/ -The Terms of the Sale Calico Resources Corp. (TSX-V: CKB) ("Calico") is pleased to announce that it has entered into a binding Memorandum of Agreement (the "Agreement") with Rockstar Resources, Inc. ...
Tags: Calico, Rockstar, Grassy Mountain Gold Project, Sale