Scottish food manufacturer Browns Food Group has acquired the Hall's brand from Dutch multi-national Vion for an undisclosed sum, safeguarding 50 jobs. Browns' aquisition of the Hall's brand has saved 50 jobs Browns finance director ...
Tags: Food Group, food manufacturer, meat industry
OLD GREENWICH, Conn. — Private equity firm Clearview Capital said it has sold importer Hillsdale Furniture to an investor group led by Brookside Equity Partners. Terms of the deal were not disclosed. "Despite an extraordinarily ...
Residential and commercial tufted carpet manufacturer Gulistan Carpet Inc., Aberdeen, N.C., has filed a voluntary petition for reorganization under Chapter 11 of the U.S. Bankruptcy Code for the Middle District of North Carolina. The ...
Tags: tufted carpet, Gulistan Carpet, company news
AT&T will buy mobile spectrum in the 700MHz band from Verizon Communications for $1.9 billion, AT&T said Friday. AT&T will pay cash and trade AWS (advanced wireless services) spectrum for the B block of the 700MHz spectrum, the company ...
Tags: AT&T, mobile spectrum, Verizon Spectrum
E&A Industries, a privately held company based in Indianapolis, recently purchased Lysse, a New York based apparel company specializing in body-slimming fashions. Terms for the deal are undisclosed. Lysse burst on to the American ...
Tags: E&A Industries, Lysse, apparel company, body-slimming fashions
A Tuesday report from CNBC hinted that Microsoft may be planning to invest between $1 billion and $3 billion as part of a leveraged buyout of Dell. Citing “sources close to the matter,” the network’s David Faber said ...
Dell is said to be close to being bought out for about $24bn (£15.1bn) as the crisis amid PC makers takes its toll on one of the world's largest technology firms. The company, which has switched its focus from producing PCs to ...
Tags: Dell, PC, IT service
The 2012 trend for major cross border merger and acquisition (M&A) activity in the UK food and drink industry is set to continue in 2013. That’s the view of expert Andrew McLean, a partner at law firm Stephenson Harwood, in this ...
Tags: M&A, UK, food and drink industry
Telecoms equipment maker Nokia Siemens Networks (NSN) is planning to go to the public markets to raise up to €700m (£587m) from high-yield bonds. People familiar with the plans told the Financial Times that the telecoms ...
Spain-based mid-market private equity firm Mercapital has acquired 80% stake in Group Betapack, a Spanish maker of plastic caps and closures for euro 40m. The company is aiming to consolidate Betapack's position as a supplier of closures ...
Tags: Spain, Mercapital, Group Betapack
How Dell will fare in private hands – if a buyout is indeed imminent – depends entirely on how the company’s management will react to the declining revenues from its PC business, and how it will develop other areas of its ...
Tags: Dell, private hands, PC business
With buyout talks gaining steam, analysts say Dell Inc. could be looking to free itself from quarterly distractions and shareholder pressures - a move they said could be good for the world's No. 3 PC maker. "I can see where it would look ...
Tags: Dell Buyout, quarterly distractions, shareholder pressures
Following news that Dell was in negotiations for a private equity buyout, analysts said on Tuesday that multiple private equity firms would have to invest in Dell for a buyout to be possible. The analysts pointed toward the company’s ...
Tags: Dell, equity buyout, analysts
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