Canadian dairy giant Saputo has closed its unconditional all-cash takeover offer for Warrnambool Cheese and Butter (WCB) and now holds 87.92% share in the Australian firm. The company stated that going forward it will work closely with ...
Tags: Saputo, Unconditional Takeover
Related sony Sony’s Credit Cut To Junk By Moody’s sony Sony Pictures Closes Tech Unit, Cookson Departs sony Sony Readies Media-Oriented Smartphones sony Sony's Hirai Talks Wow Factor Tokyo — Sony Corp. is reportedly in ...
Tags: Sony, Vaio Business, Nikkei Business
Knight Transportation Inc. has agreed not to acquire any additional stake in USA Truck Inc. for the next seven months as part of a lawsuit settlement, the carriers said. The settlement ends a court case USA Truck had filed after Knight ...
Tags: Knight, Truck Takeover, Transportation
Five out of six cement plants in Switzerland are expected to run out of limestone and marl over the next 10-15 years.As their existing quarries border areas with protected status as landscapes of national significance,they can not be ...
Tags: cement plants, cement, Raw Materials
On February 2,2014,Sulzer signed an agreement for the acquisition of a 75%stake in Saudi Pump Factory with Nabil Al Hashim,the owner and founder of the company. The agreed purchase price for the 75%stake is CHF 33 million.Closing of the ...
Tags: Pump, Sulzer.Saudi Pump
Another major Australian milk supplier gets snapped up The sale of privately-owned dairy giant United Dairy Power to Hong Kong businessman William Hui is locked in, according to Stock & Land. It was reportedly sold for around $70 ...
Tags: Australian milk, Caboolture Cheese, shredded Mozzarella
MANCHESTER, Conn. — Bob's Discount Furniture will hit the 50-store mark with the opening of its first three Philadelphia-area stores this month, adding a physical presence in a market it's been reaching online and through outlying ...
UK-based Premier Foods has taken over the wheat and flour milling operation of Swaziland-based Ngwane Group for ZAR100m. The Swaziland Competition Commission (SCC) has approved the transaction, subject to certain conditions. The ...
Tags: Premier Foods, wheat, flour milling
French dairy major Danone has agreed to increase its holding in Chinese dairy firm Mengniu from 4% to 9.9%, with an investment of €486m. The company, along with COFCO Dairy Investments, signed a deal to subscribe a reserved rights ...
Tags: Danone, Mengniu, increase holding
The Renault-Nissan Alliance sold a record 8,266,098 vehicles in 2013, propelled by record sales in the car group’s two largest markets, China and the United States. Renault-Nissan's 2013 calendar-year sales, which include sales of ...
Tags: Renault-Nissan, Auto Parts
National Container Group (NCG) has formed a joint venture (JV) with the acquisition of a 51% stake in the Iowa Falls facility owned by container recycling firm Tri-Rinse in Iowa, US. Tri-Rinse is engaged in the recycling of all types of ...
Tags: industrial packaging, Packaging
Vying for a stake in Prime Minister’s (PM) Youth Business Loan Scheme, the Pakistan Carpet Manufacturers and Exporters Association (PCMEA) has urged the Government to collaborate together for the disbursement of the loans under the ...
Tags: Carpet Exporters, Loan Scheme
Indian refiner Mangalore Refinery and Petrochemicals Ltd is close to completing the long-drawn-out third phase of its expansion project, which will see a new petroleum fluid catalytic cracker and delayed coker unit come onstream at its 15 ...
Tags: Refinery Expansion, Metallurgy
Latvia based fabric manufacturer Lauma Fabrics, operating in the Liepaja special economic zone (SEZ) of the country, has acquired 100 percent shares of the German textile firm Elastic Textile Europe GmbH, one of Europe’s leading ...
Tags: Lauma Fabrics
The Indiana-based group is to buy a 75% stake in Qingdao P&B Co, which is headquartered in the Qingdao free-trade zone. P&B, which has around 550 employees, is partly owned by Chinese drinks business Wuliangye Group, one of the ...
Tags: Plastics Buy-out, P&B