Axalta Coating Systems Ltd. has priced and upsized its secondary offering from 35,000,000 to 40,000,000 of its common shares at $28.00 per share. All of the shares are being offered by certain affiliates of The Carlyle Group (the ...
Tags: Axalta, common shares, Construction
Axalta Coating Systems Ltd. has commenced a secondary offering of 35,000,000 common shares. The shares will be offered by certain affiliates of The Carlyle Group (the “selling shareholders”). The offering is being made pursuant ...
The blueprint of the China-proposed belt and road initiative unveiled on Saturday will boost practical cooperation in key fields such as infrastructure, said analysts. The action plan for the Silk Road Economic Belt and 21st Century ...
Hormel Foods is in the late-stage talks to acquire Applegate Farms, a producer of organic hot dogs, bacon and sausages. This comes after the company acquired Muscle Milk maker CytoSport Holdings in August last year. The proposed deal ...
Tags: Hormel Foods, Bacon
The Valspar Corporation has announced that it has priced its planned underwritten public offering of $500 million aggregate principal amount of senior notes. The senior unsecured notes include: $250 million of 3.300% notes due 2025 $250 ...
Tags: prospectus supplement, accompanying prospectus, Construction
U.S. chain-store sales rose 2.2 percent year on year for the week that ended on December 27 and included the final shopping days before Christmas, according to the International Council of Shopping Centers (ICSC) and Goldman Sachs. ...
Charlesbank Capital Partners and Partners Group closed on their previously announced acquisition of Varsity Brands Dec. 15. "The entire Varsity Brands team is united as never before to ensure we inspire and champion greater ...
Tags: Varsity Brands, Sporting Goods
India’s FMCG start-up Global Consumer Products is set to enter the country’s chocolate business with a new brand. The start-up plans to launch its own brand initially in the four southern states early next year, Business Line ...
Genesco Inc. announced that James S. Gulmi, senior vice president and chief financial officer, has made the decision to retire from the role of chief financial officer at the end of its current fiscal year. Gulmi, who has served as ...
Tags: Succession Plans
Nordic Capital spun off 30 percent of its holdings in Thule Group AB Nov. 26 for SEK2.2 billion, or about $295 million, in a highly successful initial public offering on Nasdaq Stockholm. Nordic sold 26.1 million shares, or 26.1 percent ...
Tags: IPO Values, Sporting Goods
American multinational investment banking firm Goldman Sachs-led group of investors is set to invest KRW40bn ($36.1m) in South Korea's largest online and mobile food ordering service. The country's most popular food-delivery service is ...
Tags: Online Food Startup, Agriculture
Fiat Chrysler Automobiles (FCA) is expecting a drop of its net industrial debt by €715m if the Ferrari unit is spun off by the company. Reuters cited FCA's previous filing with the US market regulator SEC stating that it would ...
Tags: industrial debt, Ferrari, Auto
Chinese gold demand declined 37% in last quarter year-to-year, as sales of gold bar, gold coin and ornament falls, according to the report released by World Gold Council. The report said that Chinese gold demand decreased to 182.7 t. The ...
Flexible packaging supplier Bemis Company has announced the sale of its global pressure sensitive materials business, MACtac to Platinum Equity for $170m. Bemis, that specialises in producing pressure sensitive materials for food, ...
Tags: pressure sensitive materials, MACtac business, Agriculture
U.S. weekly retail sales rose 3.9% for the period ended Oct. 4.The increase was attributed to favorable weather that generated seasonal apparel demand, according to the Intl. Council of Shopping Centers/Goldman Sachs Weekly Chain Store ...
Tags: apparel demand, Sporting Goods