The scale of China’s LED package market is projected to expand 16% year on year to RMB 61.4 billion in 2015, according to the latest Chinese LED Industry Market Report by LEDinside, a division of TrendForce. The growth of Chinese LED ...
Tags: led, package, acquisitions
Brazilian meat producer JBS has completed the acquisition of European poultry company Moy Park for $1.5bn from Marfrig Global foods, following an approval from the European Union. The deal, which was announced in June, required certain ...
Anheuser-Busch InBev is exploring the acquisition of competitor SABMiller, a deal that would lead to a $275bn merged entity which would produce one out of every three beers globally. If the deal goes through, it would be one of the six ...
Tags: Anheuser-Busch InBev, SABMiller, beer
Briscoe Group Limited, the New Zealand company making a hostile bid for the 150-store Kathmandu outdoor specialty chain, announced unaudited sales reached NZ$124.2 million ($88 mm) for the 13 week period ended July 26, an increase of 6.47 ...
Tags: sports products, homeware
London-based Opera Investments plc (which was formed to acquire businesses or or assets in the natural resources sector) has reached a non-binding heads of terms agreement to acquire SoloPower Systems Holdings Inc of Portland, OR, USA for ...
The European Commission has launched a probe into the proposed purchase of UK-based can manufacturer Rexam by the US firm Ball Corporation, to ascertain whether it conforms to the EU Merger Regulation. The investigation is born out of ...
Tags: beverage can, aluminum bottle
New Zealand-based milk marketing company a2 Milk has rejected a joint takeover proposal from Australia's Freedom Foods and US food giant Dean Foods. The company's board did not consider the proposal, which was made in June, as compelling. ...
Tags: healthy food, animal husbandry, milk
Lectra, the world leader in integrated technology solutions dedicated to industries using soft materials like fabrics, leather, technical textiles, and composite material, has announced that Italian luxury menswear brand, Brioni has ...
Tags: Lectra's Fashion PLM, Menswear
Swiss agribusiness Syngenta has rejected $45bn acquisition offer from global seed technology major Monsanto for the second time citing unfavorable terms for shareholders. If the proposed deal advances, an industry leader with combined ...
Tags: Syngenta, agribusiness
Smurfit Kappa has entered into an agreement with pan-European investor Aurelius to sell its solid board and graphic board operations located in the Netherlands, Belgium and the UK. The scope of the deal will include two graphic board ...
Tags: Smurfit Kappa, Non-Core Units
The corrugated sector received a jolt yesterday with reports that International Paper was mulling over a £6bn bid for Smurfit Kappa. With both parties remaining tight lipped on the reports, we can only speculate on what such a ...
Tags: Smurfit Kappa, Packaging
Philips originally planned to spin off its wholly-owned subsidiary Lumileds and automobile lighting business to make them an independent company by the end of the first half 2015. But on March 31, Philips announced a deal to sell a 80.1% ...
Tags: Philips, Lumileds, automobile lighting
Sika achieved "highly dynamic growth" in the first quarter of 2015, thereby making a strong start to the year despite the very high sales growth in the reference period (2014: 23.3%). At constant exchange rates, sales rose by 5.1% to CHF ...
US-based paper packaging company International Paper is said to be exploring a takeover bid of over €8.1bn for Irish packaging giant Smurfit Kappa. Sky News quoted a source as saying that International Paper was considering an ...
FedEx Corporation (FedEx) and TNT Express N.V. (TNT Express) have reached conditional agreement on a recommended all-cash public offer of €8.00 (AUD 11.40) per ordinary TNT Express share. The Offer Price represents a premium of 33% ...
Tags: FedEx, TNT Express, all-cash public offer