Famed US investor Warren Buffett today (14 February) labelled Heinz as his "kind of company" after his Berkshire Hathaway fund struck a deal to pay US$28bn for the ketchup giant. Speaking to CNBC after Berkshire's offer was announced - ...
Tags: Warren Buffett, Heinz, kind of company
UK-based mid-market private equity firm CBPE Capital has revealed that it has sold Rosemont Pharmaceuticals to US-based pharmaceuticals company Perrigo for pound 180m. CBPE acquired Rosemont in August 2006 for pound 93m. The sale to ...
Tags: CBPE, Rosemont Pharmaceuticals, Perrigo
German retailer Tengelmann has confirmed its Kaiser's supermarket chain has pulled frozen lasagnes from shelves amid concerns the lines could contain horse meat. A spokesperson for the group told just-food today (11 February) that it had ...
Tags: Horse Meat, Grocer Kaise, Pulls Lasagnes
Standard Life is reportedly engaged in discussions with Newton Investment Management over a potential deal to acquire wealth management unit in a deal expected to be finalized around pound 90m. The deal is expected to be announced soon, ...
Tags: Standard Life, Newton Investment Management, wealth management unit
Six of France's largest retail chains have pulled products from their shelves amid concerns the lines could contain horse meat. Retailers including Carrefour and Casino have recalled SKUs supplied by Findus and by French supplier Comigel, ...
Tags: horse meat, retail chains, meat
Michael Dell might be celebrating having agreed a buyout for his company, but $24.4 billion leveraged deal has seen a backlash, with one of the company’s largest shareholders, Southeastern Asset Management, planning to oppose the ...
Tags: Dell, buyout, Southeastern Asset Management
Thorn Lighting Ltd, a subsidiary of the Austrian company Zumtobel Group, is a global supplier of both outdoor and indoor luminaires and integrated controls. Thorn was founded when Sir Jules Thorn started The Electric Lamp Service Company ...
Michael Dell will launch his private-equity-backed plan to take Dell, the company he started in 1984, private as early as next week. The founder and CEO of the PC vendor is expected to offer $24bn (£15.3bn) or more with the backing ...
Tags: Michael Dell, Silver Lake Partners, Dell
First Solar Inc of Tempe, AZ, USA, which manufactures thin-film photovoltaic (PV) modules based on cadmium telluride (CdTe) as well as providing engineering, procurement and construction (EPC) services, has acquired the 50MWAC Macho Springs ...
Tags: First Solar, photovoltaic modules, CdTe, solar project
Scottish food manufacturer Browns Food Group has acquired the Hall's brand from Dutch multi-national Vion for an undisclosed sum, safeguarding 50 jobs. Browns' aquisition of the Hall's brand has saved 50 jobs Browns finance director ...
Tags: Food Group, food manufacturer, meat industry
OLD GREENWICH, Conn. — Private equity firm Clearview Capital said it has sold importer Hillsdale Furniture to an investor group led by Brookside Equity Partners. Terms of the deal were not disclosed. "Despite an extraordinarily ...
AT&T will buy mobile spectrum in the 700MHz band from Verizon Communications for $1.9 billion, AT&T said Friday. AT&T will pay cash and trade AWS (advanced wireless services) spectrum for the B block of the 700MHz spectrum, the company ...
Tags: AT&T, mobile spectrum, Verizon Spectrum
Dell is said to be close to being bought out for about $24bn (£15.1bn) as the crisis amid PC makers takes its toll on one of the world's largest technology firms. The company, which has switched its focus from producing PCs to ...
Tags: Dell, PC, IT service
Spain-based mid-market private equity firm Mercapital has acquired 80% stake in Group Betapack, a Spanish maker of plastic caps and closures for euro 40m. The company is aiming to consolidate Betapack's position as a supplier of closures ...
Tags: Spain, Mercapital, Group Betapack
How Dell will fare in private hands – if a buyout is indeed imminent – depends entirely on how the company’s management will react to the declining revenues from its PC business, and how it will develop other areas of its ...
Tags: Dell, private hands, PC business