The Australian sharemarket closed marginally lower after investors decided to reap their profits later in the day. At the close today, the benchmark S&P/ASX 200 index was down 3.1 points, or 0.07 per cent at 4716.6, while the broader All ...
Tags: Australian sharemarket, investment, economy
The Australian sharemarket limped to a flat close after a dovish speech from Federal Reserve chairman Ben Bernanke and a strong production report from Rio Tinto failed to dissuade investors from taking profits following strong gains in ...
Tags: Australian sharemarket, Rio Tinto, economy
Nearly 350 jobs are under threat at Vion's Welsh Country Foods' lamb processing facility on the Island of Anglesey, after the manufacturer warned today (January 11) that it could be forced to close the business. The firm has launched a ...
Tags: Welsh Country Foods, close, Vion, difficult, food
TA Associates, a leading global growth private equity firm, announced it has completed a majority investment in Dutch, LLC, the parent company for leading fashion brands JOIE, Equipment and Current/Elliott. Terms of the investment were not ...
Tags: TA Associates, private equity firm, Dutch, sold, stores, LLC
US-based private equity firm Weld North has acquired a minority stake in Organic Avenue, an organic food and juice business, for an undisclosed amount. Weld North, based in New York City, has developed a range of 50 custom developed ...
Tags: US, Weld North, minority stake, Organic Avenue, organic food, juice
Switzerland-based specialty chemicals manufacturer Clariant International Ltd. has agreed to sell its Textile Chemicals, Paper Specialties and Emulsions businesses for approximately $545 million to SK Capital Partners, a New York City-based ...
Tags: Clariant International, specialty chemicals, Textile Chemicals, textile
US-based Pinnacle Foods' workers at the Fort Madison plant are planning to initiate a strike to protest the company's plan to eliminate pensions The Pinnacle Foods facility in Fort Madison produces canned food products such as Vienna ...
Tags: Foods facility, Foods, Pinnacle, food products
Private equity firm KKR has doubled its investment in Masan Consumer Corp, taking a bigger stake in the Vietnam noodle and fish sauce firm. The deal, which marks the largest single private equity investment in the Southeast Asian ...
Tags: KKR, investment, Masan Consumer Corp, Vietnam noodle, fish sauce
New York City-based private equity firm SK Capital Partners, in partnership with global investment firm First Reserve Corp., has acquired TPC Group Inc. — a Houston-based producer of value-added products derived from niche ...
Tags: SK Capital Partners, First Reserve Corp, value-added products
Epic Shipping Holdings Limited and Pantheon Inc. merge to form E-P Gas, leading LPG Shipping company Tuesday, Jan 08, 2013 Epic Shipping Holdings Limited and Pantheon Inc. jointly announced the completion of their merger to form Epic ...
Tags: Epic Shipping Holdings Limited, Pantheon Inc, LPG Shipping company
For the 14 week period to December 29th 2012, ex VAT sales for the Group were +4.5% and for the UK were +4.0% and +3.7% LFL. Additionally gross margin was significantly ahead of last year as a result of tight management of stock, and lower ...
Tags: ex VAT sales, New Look, online sales, company news
North American printing and label converting company,WS Packaging Group has announced the acquisition of New York-based full-service printer Label World for an undisclosed amount. Founded in 1985,Label World develops pressure-sensitive ...
Tags: North American, WS Packaging, Label World
Fung Retailing Limited,a wholly-owned subsidiary of the privately held Fung Group,announced that its joint venture with funds managed by private equity firm AEA Investors LP has acquired a 70%stake in the Suhyang Group,Korea's pre-eminent ...
Tags: Fung Retailing, Fung Group, Suhyang Group, Korea, Greater China
American Capital,Ltd.announced that in December 2012 its portfolio company Potpourri Group,Inc.acquired Cuddledown,Inc.,a leading multi-channel retailer of high-end bedding related products.PGI is a multi-brand direct marketer offering a ...
Tags: American Capital Ltd, Potpourri, High-End Bedding, Textile
Two former Latrobe Specialty Steel Co.executives are teaming up on a new Pittsburgh based venture called H-D Advanced Manufacturing Co. The new business ownership includes the private equity firm Hicks Equity Partners,which was a former ...
Tags: Latrobe Specialty Steel Co, holding company, H-D, industrial companies