Global steelmaker ArcelorMittal has announced that, together with Japan-based Nippon Steel & Sumitomo Metal Corporation (NSSMC), it has completed the acquisition of ThyssenKrupp Steel USA, a steel processing plant in Calvert, Alabama, ...
Tags: Thyssenkrupp Steel, ArcelorMittal
Increased low-ash thermal coal production from Whitehaven Coal's Narrabri underground mine in New South Wales was a key driver for a 48% year-on-year rise in the Australian coal producer's earnings before interest, depreciation and tax to ...
Tags: Coal's Sales, Mineral
The Solvay Group announces its 4th quarter and full year 2013 Business Review Q4 Highlights • Group net sales at € 2,417 m, down (5)% yoy, with volumes (1)%, prices (3)%, forex (4)% and scope 3%. Allowing for CER phase ...
Tags: Solvay Group, Business Review
Australian iron ore miner Fortescue Metals Group has announced its financial results for the first half of the financial year 2013-14 ended on December 31. During the half year, Fortescue's net profit amounted to US$1.72 billion, compared ...
Wolverine Worldwide reported financial results for both the fourth quarter and full year ended December 28, 2013. Full-year results include a full 52-week contribution from the Company's October 2012 acquisition of the Sperry Top-Sider, ...
Tags: Wolverine Worldwide, Apparel
Russian steelmaker Novolipetsk Steel (NLMK) has stated that it plans to invest US$1.6 billion in development in the period up to and including 2017 and that it expects additional income of $1 billion per year by 2017. By 2017, the company ...
Tags: Metallurgy, Mineral, Energy, steel
Unilever reported that its 2013 turnover was down 3% to €49.8 billion with foreign exchange 5.9% and net acquisitions and disposal 1.1% Finance costs and tax The cost of financing net borrowings in 2013 was €397 million versus ...
Tags: Unilever, foreign exchange
Beam has been acquired by Suntory Holdings Japanese beverage company Suntory Holdings is set to acquire all outstanding shares of premium alcoholic spirits company Beam Inc for US$83.50 per share in cash or total consideration of ...
Tags: Suntory Holdings, acquisition, Beam
House of Fraser, the UK and Ireland’s premium department store group, provides an update on its best ever Christmas trading period. Trading highlights include: - Like-for-like sales (ex VAT) for the first 9 weeks of the fourth ...
Tags: House of Fraser, Online Sales
UK-based 2 Sisters Food Group has posted an operating profit of £25.5m ($41.6m) for the 13 weeks ended 26 October 2013 (Q1 2013/14), compared to £30.5m for the same period last year. Total like-for-like (LFL) sales increased ...
Tags: 2 Sisters Food, chilled foods
Manitoulin Transport has reached an agreement to acquire Canadian LTL firm Vitran Corp. The deal includes all the outstanding shares of Vitran at a price of US$6 per share. The deal, including the assumption of Vitran's outstanding net ...
Tags: Manitoulin.Vitran Corp, acquire
Manitoulin Group's announcement tonight that it will be purchasing all shares in major LTL player Vitran may be its biggest move of the year, but it's certainly not the first. Manitoulin, which has over 3,000 pieces of equipment and more ...
Sysco Corporation and US Foods today announced an agreement to merge, creating a world-class foodservice company. The total enterprise value of the transaction is approximately $8.2 billion and the combination has been approved by the Board ...
Tags: US Foods, Sysco Corporation
Tesco has signed a multi-million pound deal with specialist meat packing business Hilton Food Group to boost the supply of packed fresh meat products in the UK from its plant near Huntingdon. Hilton's new partnership with Tesco was ...
Tags: Agriculture, Food
The third-quarter consolidated net profit of Spain’s Cementos Molins fell 65.5 per cent YoY to EUR10.8m. The company’s international subsidiaries enjoyed a profit of EUR43.3m, offsetting the EUR32.5m loss registered in the ...
Tags: export, Cementos Molins, offset, domestic, loss