Swedish confectioner Cloetta has today (24 August) reported higher half-year losses, hit by higher commodity costs but also its merger with rival Leaf International. Cloetta booked a loss of SEK241m (US$36.5m) for the six months to the ...
Tags: Cloetta, operating profit, operating loss, sugar
Willis Group subsidiary Willis Risk Services (Ireland) (Willis Ireland) has acquired Attain Consulting and its units' Trustee Principles, as part of its ongoing commitment to expand its domestic employee benefits business. As a part of ...
Tags: Willis Group, Willis Risk Services, Attain Consulting, Trustee Principles
UK / USA - PLASA's month-long elections to determine positions on its European and North American Regional Boards, together with its central Governing Body, concluded at midnight on Wednesday 31 October. Companies and individuals from ...
Tags: PLASA, Plasa eElection results, online poll
Canadian dairy firm Saputo has signed a deal to acquire the Morningstar business of Dean Foods. The US$1.45bn deal will be financed through a newly-committed bank loan, Saputo said today (3 December). The acquisition will help expand the ...
Tags: dairy, Morningstar, Dean Foods, acquire
In 2012 Australian retail conditions continued to be difficult. Although the fundamentals of the Australian economy improved with growing GDP, declining interest rates and low levels of unemployment, consumer sentiment remained soft with ...
Tags: retail conditions, fundamentals, growing GDP, consumer sentiment
AXA UK has combined its commercial and personal lines broker businesses under the leadership of Amanda Blanc. The company said that the new combined business will focus on strengthening its capabilities and propositions in the ...
Tags: Amanda Blanc, commercial insurance, combined business, insurance industry
Siemens has entered into an agreement to acquire Invensys Rail, the rail automation business of Invensys for approximately EUR 2.2 billion. At the same time, the company plans to divest its baggage handling, postal and parcel sorting ...
Tags: Siemens, rail, baggage handling, postal, parcel sorting activities
Filtration solutions provider Vokes Air and Filtac A/S are to merge their Danish businesses in order to better serve the local market. The combined business brings together the air filtration expertise of both companies and will create one ...
Tags: market view, filter
MicroSense LLC of Lowell,MA,USA,which provides high-resolution capacitive position sensors,metrology modules and high-sensitivity magnetic metrology tools,has added wafer inspection tools to its portfolio by acquiring SigmaTech Inc of ...
Tags: MicroSense, Sensing Technology, LED, SigmaTech
The global food industry has seen a raft of M&A activity this week with Flowers Food's purchase of Lepage Bakeries, Olam's acquisition of Usina Açucareira Passos, and Booker's deal to buy the local cash-and-carry assets of German ...