US Foods Holding Corp plans to go for initial public offering of its shares to raise $100m, a move that comes after Sysco Corp failed to acquire it. In its filing with the US Securities and Exchange Commission, US Foods did not state the ...
Tags: US Foods, food service
FormFactor Inc of Livermore, CA, USA (which provides wafer test technologies and expertise) has agreed to acquire Cascade Microtech Inc of Beaverton, OR, USA (which provides equipment enabling precision contact, electrical measurement and ...
Tags: LED devices, wafer
Pinnacle Foods has completed its acquisition of Boulder Brands. Following the completion of its successful tender offer to purchase all outstanding Boulder shares for $11.00 per share in cash, Pinnacle acquired all remaining Boulder ...
Tags: Pinnacle Foods, Boulder Brands
Ningbo Joyson, a Chinese company that produces automotive and industrial electronics equipment has acquired US based airbag maker Key Safety Systems (KSS) for $920m. KSS is a Michigan-based engineering safety products supplier of ...
Tags: airbag, Ningbo Joyson
Broadband wireless and wireline communications component maker Anadigics Inc of Warren, NJ, USA says that affiliates of GaAs Labs LLC has raised its offer to acquire the firm from $0.35 per share in cash (announced on 11 November) to $0.48 ...
UK-based drinks company Diageo has completed the sale of Jamaican lager Red Stripe to Heineken for $780.5m. The deal, which was announced in October, entails Diageo offloading its brewing companies in Jamaica, Malaysia and Singapore, to ...
Tags: Diageo, Jamaican lager Red Stripe, Food
Belgium brewer Anheuser-Busch will acquire Arizona-based craft brewer Four Peaks Brewing Company, in an effort to expand its portfolio of craft breweries. Following the acquisition, Four Peaks brewery will continue to brew all of its ...
Tags: Anheuser-Busch, beers, Food
Scandal-plagued Toshiba Corp. on Monday unveiled wholesale restructuring plans in an aggressive move to return the ailing electronics firm to profitability which will include some 7,800 jobs being slashed from its workforce. The firm ...
Broadband wireless and wireline communications component maker Anadigics Inc of Warren, NJ, USA says that its board of directors, after consultation with its financial and legal advisors, has unanimously determined that an offer from a ...
The European Commission has cleared commodities trading group Trafigura's minority holding in Belgium-based zinc and lead producer Nyrstar. In November, Trafigura told the EC its minority 20.02% stake in Nyrstar -- held through its ...
Tags: Nyrstar, Zinc, lead metal
The announced merger between petrochemical giants Dow Chemical and DuPont will have a significant impact on the low-density polyethylene market and could be just the beginning of large-scale consolidations, an industry consultant said ...
Tags: Dow Chemical, DuPont, polyethylene, LDPE
Anheuser-Busch InBev faced some serious queries from the US lawmakers over its plan to acquire SABMiller. The lawmakers are concerned that deal could stifle the growing craft beer industry. The £71bn deal that was announced in ...
Tags: craft beer, caft beer industry
Sonoco renames all facilities of the former Weidenhammer Packaging Group (WPG). As of January 1st 2016, former Weidenhammer plants and branches will operate under the name Sonoco Consumer Products Europe. This step completes the ...
Tags: Sonoco, composite cans, plastics packaging
Terlato Wine Group and South Africa-based drinks company Distell Group Limited will merge two divisions of the respective companies - Terlato’s Artisan Spirits division with Distell’s US spirits division, to form a new joint ...
A Wanda cinema in Yichang, Hubei province. [Photo by Zhou Jianping/China Daily] Dalian Wanda Group Co Ltd, the privately owned Chinese property conglomerate, plans to list its film production and distribution business within a year, Wang ...