Ontario Teachers' Pension Plan has inked a deal to acquire UK-based biscuit manufacturer Burton's Biscuits for an undisclosed amount. Burton's is owned by private equity group Apollo Global Management and Canadian Imperial Bank of ...
Tags: Burton's Biscuits, Apollo Global, Ontario Teachers'Pension
Burton’s Biscuits, the maker of iconic snacks Wagon Wheels and Jammie Dodgers, has been sold to the Canadian pension fund Ontario Teachers' Pension Plan (OTPP) for an undisclosed sum. Jammie Dodgers' maker Burton's Biscuits has been ...
Canadian retail conglomerate Hudson's Bay Company has added another feather to its cap, successfully completing its previously announced acquisition of U.S. retail icon Saks Inc., the owners of department store Saks Fifth Avenue. HBC paid ...
Tags: Furniture, Furnishing
Kraft Foods Group, Inc. today reported third quarter results that reflected significant cost savings that outpaced brand-building reinvestments, as well as a negative impact from comparisons with unusually high product shipments in the ...
Tags: Kraft Foods, negative impact
G&K Services, Inc. reported operating results for the first quarter of its fiscal year 2014, which ended on September 28, 2013. Revenue in the quarter grew by 3.1 percent to $229.3 million, up from $222.4 million in last year’s first ...
Tags: Apparel Retailer, G&K Services
Neiman Marcus Group LTD Inc. priced an offering of $960 million principal amount senior cash pay notes due 2021 (the “Cash Pay Notes”) and $600 million principal amount senior PIK toggle notes due 2021 (the “PIK Toggle ...
Tags: Neiman Marcus Group, Senior Notes
Chico's FAS, Inc. announces the company's international expansion with White House Black Market's (WH|BM) first Canadian boutique opening at Yorkdale Shopping Centre, Toronto on October 24th. The women's retailer will open its second ...
Chico's FAS, Inc. announces the company's international expansion with White House Black Market's (WH|BM) first Canadian boutique opening at Yorkdale Shopping Centre, Toronto on October 24th. The women's retailer will open its second ...
Tags: Chico's FAS, boutique
Neiman Marcus Group LTD Inc. announced its intention, subject to market conditions, to launch a private placement of $960 million principal amount senior cash pay notes due 2021 (the “Cash Pay Notes”) and $600 million senior PIK ...
Tags: Neiman Marcus, market conditions
Chief executive Antonio Perez said that the company had been "revitalised by its transformation" and its restructure has resulted in Kodak being "leaner, with a strong capital structure, a healthy balance sheet and the industry's best ...
Cooper Tire & Rubber Co. posted net income of $35 million on net sales of $884 million for its second quarter ended June 30, 2013. That compares to net income of $52 million on net sales of $1 billion for the same period last year. ...
Tags: Cooper Tire, Auto Parts
Does your company have a driver retention problem, or is it actually a recruitment issue? Tamara Miller, director of programs and services with Trucking HR Canada said the two causes of turnover should not be lumped together. She noted an ...
Tags: Transportation, Auto Parts
Corning Incorporated (NYSE: GLW) announced today an accounting change relating to expense recognition for company-sponsored pension plans. The new method, adopted in the first quarter of 2013, will result in simpler, more transparent ...
Tags: Construction, Corning
Banks, property trusts, consumer staples and energy companies pushed the sharemarket to its highest close since September 2008, as investors digested earnings reports while awaiting the overnight release of minutes from the US Federal ...
Tags: Banks, property trusts, consumer staples, energy companies
The sharemarket rose for a 10th consecutive day, extending its longest winning streak since October 2003, as an improving global economic outlook continued to fuel demand for equities before the conclusion of a US Federal Reserve board ...