Global steel giant ArcelorMittal and Brazilian steelmaker Gerdau have jointly announced that they have entered into a definitive transaction agreement to sell their respective 50 percent interests in Gallatin Steel Company (Gallatin) to ...
Tags: Gallatin Steel, Nucor, ArcelorMittal
Intrawest Resorts Holdings, Inc. has agreed to acquire the 50 percent interest in Blue Mountain Ski Resort that it does not already own from Blue Mountain Resorts Holdings Inc. for CAD $58.0 million. “With this accretive ...
BASF Group company Wintershall is further expanding its oil and gas production and reserves in the North Sea. Wintershall will acquire shares in the two producing fields Gjøa (5%) and Vega (24.5%), the development project Aasta ...
Tags: BASF, oil, gas production
Eastman Chemical Company has entered into a definitive agreement with Taminco Corporation under which Eastman will acquire Taminco, a global specialty chemical company. Under the terms of the agreement, Taminco stockholders will receive ...
Driven by acquisition of Jos. A. Bank and also rise in retail segment sales, clothing marketer Men's Wearhouse said it reported a 24% revenue hike in the second quarter ended August 2, 2014. Total net sales increased 24.1% or $155.8 ...
For fiscal first-quarter 2015 (ended 27 July 2014), fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported its eighth consecutive quarter of sequential revenue growth, to a record $327.6m, ...
An agreement has been reached to create the world’s third largest quick service restaurant company, merging North American-based beverages and baked goods restaurant Tim Hortons Inc. (Tim Hortons) with global burger restaurant Burger ...
Tags: Burger King, Tim Hortons, fast food
Australia’s largest multi-brand retail food franchisor and leading wholesale coffee roaster, Retail Food Group Limited (RFG) has announced a record Net Profit After Tax (NPAT) of $36.9 million for the 2014 financial year, an increase ...
Tags: Retail Food Group, coffee roaster
Campbell Soup Company today reported its fourth-quarter and full-year results for fiscal 2014. The company reported earnings from continuing operations for the quarter ended Aug. 3, 2014, of $137 million, or $0.43 per share, compared with ...
Tags: Agriculture, Food
RF Micro Devices Inc of Greensboro, NC, USA has announced the preliminary results of its special meeting of shareholders held to approve its agreement and plan of merger and reorganization with RF front-end component maker TriQuint ...
Tags: RFMD TriQuint, Electrical, Electronics
JBS, a Brazilian beef exporter, has announced that it will resume its plan to raise BRL4bn ($1.8bn) from the initial public offering (IPO) of its pork, poultry and food-processing operations in Brazil as early as next month. Following ...
Heineken has sold its Mexican packaging business Empaque to Crown Holdings for $1.225bn, in a bid to reduce its net debt by the end of this year. The company said the proceeds from the sale will be used to reach the target of bringing ...
Tags: Heineken, packaging business
US-based coal producer Walter Energy has announced that it has completed a previously announced transaction to sell the Blue Creek Terminal and associated properties, located in Mobile, Alabama, to the Alabama State Port Authority for $25 ...
Australia-based Pacific Brands today said that it has entered into an agreement to sell its Workwear business to fellow Aussie company - Wesfarmers Industrial and Safety (WIS), a division of Wesfarmers Limited. The sale has been done at ...
Tags: Pacific Brands, Workwear Business, Apparel
Global mining deals picked up in the first half of 2014 and are likely to continue that way for the rest of the year, a SNL Metals & Mining study released Friday shows. Both the averages of price paid and value of acquired commodities ...