Specialty food products distributor Chefs' Warehouse has acquired Allen Brothers, a US-based meat processor and distributor, in a $29.9m deal. Allen Brothers caters to about 400 of restaurants, hotels, casinos and country clubs as well as ...
Tags: Chefs'Warehouse, Allen Brothers, meat processor, merger
Microsoft's acquisition of Skype is compatible with European Union competition law, the General Court of the E.U. ruled Wednesday. Cisco Systems and Italian Internet communications service provider Messagenet had asked the court to ...
In the wake of Manitoulin's announced agreement to acquire Vitran at a cost of US$6 per share, TransForce will now have to decide whether to sell its shares for a tidy $4 million profit, stay put, or up its offer. Manitoulin's offer of $6 ...
Finland-based stainless steel producer Outokumpu has announced that the closure of its Krefeld meltshop in Germany has been completed according to a plan announced in January 2012. The last day of operations at the meltshop was December 6, ...
Tags: stainless steel, metallurgy
Tangiers Petroleum (u/r) Proposed takeover offer for Jacka Resources. The proposed takeover is an all share offer of 0.468 Tangiers shares for every share in Jacka Resources, implying a pre-merger share price of 11.1p for Tangiers (shares ...
Tags: Oil and Gas News, London Market, Tangiers, Jacka
China is the world's largest producer and consumer of machine tools, contributing 29.4% of the global output value and 45.1% of the global consumption of machine tools in 2012. Since H2 2011, affected by the severe domestic and ...
Tags: machine tool industry, China, machine tools, Chinese machine tool market
With the foundation of the Regional Section North America and its merger with the Regional Section Mexico, German Water Partnership (GWP) expands its international activities to North America and concretely pushes ahead with initiations of ...
PharmAthene, a biodefense company, announced that it has terminated its definitive merger agreement with US-based Theraclone Sciences with consent from Theraclone. The agreement provided for the merger of a wholly-owned subsidiary of ...
Antitrust regulators in the US have approved Microsoft's $7bn (£4.6bn) acquisition of Nokia's mobile phone business. The deal, announced in September, sees Microsoft take ownership of Nokia's Devices and Services business, which ...
As the LED industry enters the traditionally low 4Q season, Taiwanese manufacturer Lextar LED backlight and lighting business eased, with utilization rates reduced to 60-70 percent. Order visibility is around one month and less than one ...
Tags: LED industry, LED backlight
US-based Biozone Pharmaceuticals has announced that it has agreed to terms and signed a letter of intent (LOI) to merge with Cocrystal Discovery, a privately-held biotechnology company developing antiviral therapeutics for human diseases. ...
The Automotive Distribution Network announced its Auto Pride and CMB subsidiaries will be combined on Jan. 1, 2014, in order to develop greater marketing and product programs for respective affiliates at every level of distribution. "This ...
Britvic was hit by 9.6M in costs through its abortive merger with AG Barr, but has shrugged this off with strong annual results and is targeting greater efficiencies and cost savings. Britvic's Fruit Shoot has recovered its market share ...
Tags: Britvic, streamline, production, supply, fizz, return
The North American Home Furnishings Assn. has put out a call for nominations for its 2014 Retailer of the Year awards. Nominations are due by Dec. 1 and awards will be presented June 1 at the annual Home Furnishings Networking Conference ...
Tags: NAHFA, seek, retailer, nomination
Global drinks giant Diageo has confirmed it is considering selling most of the Whyte & Mackay (W&M) whisky distilleries it gained by taking over India’s United Spirits. Diageo is offering a deal to offset competition concerns about ...
Tags: Diageo, mull, sale, Whyte&Mackay distillery