Smithfield Foods announced that its shareholders have voted in favor of proposed merger with China's Shuanghui International for $4.7bn, in a development which will be the largest ever takeover of a US company by a Chinese firm. At a ...
Shanghai Jinfeng Investment announced on September 23 that its controlling shareholder Shanghai Land (Group) is talking with Greenland Group Holdings and its other shareholders on a significant assets restructuring. From the current ...
Tags: Electrical, Electronics
A consortium led by Canada’s Fairfax Financial Holdings has offered to acquire struggling smartphone maker BlackBerry. The proposed deal, which is supported by BlackBerry’s board of directors, values the company at US$4.7 ...
Tags: Blackberry, Electronics
GARDEUR CEO Gerhard Kränzle has signed – on behalf of Kränzle Beteiligungs GmbH and in the presence of representatives of an investment fund of the NRW.BANK – a Memorandum of Understanding on the short-notice ...
Microsoft has revealed the Surface Pro 2, its latest attempt to challenge Apple and Android in the tablet arena. Unveiling the device at a New York press conference, Microsoft VP of Surface Panos Panay described the Surface Pro 2 as "one ...
Tags: Computer Products, software
The Goodyear Tire & Rubber Co. held an investor meeting today when CEO and President Rich Kramer discussed strategies and goals for the next three years, plus the company's capital allocation plan. "We haven't lost sight of where our ...
Tags: Goodyear, tyre, Auto Parts
Thai Containers Group (TCG), a joint venture of SCG Paper and Rengo, has completed the acquisition of 90% stake in Indonesia-based PT Primacorr Mandiri in a deal worth THB395m ($12.4m). The existing shareholders will hold the remaining ...
The takeover of Klenk by the US investment company The Carlyle Group was completed on 30 August 2013; this marks the conclusion of the M&A process involving Klenk that had been underway since autumn 2012. According to a report from ...
Tags: Construction, Decoration
Linde AG has been listed again in the Dow Jones Sustainability World Index. The analysts at RobecoSAM have thereby acknowledged the continuous improvement in the sustainability performance of the technology group. RobecoSAM is an ...
Tags: Textile
General Mills has reported that its net earnings declined 16.3% to $459.3m for the first quarter of fiscal 2014, compared with $548.9m for the same period in 2013, as special items boosted its year-ago results. Net sales, for the quarter ...
Tags: General Mills, Agriculture, Food
Further to Fiberweb's announcement on 20 August 2013 regarding a possible offer, the Boards of PGI and Fiberweb are pleased to announce that they have reached agreement on the terms of a recommended cash offer by PGI for the entire issued ...
Tags: Textile
Honeywell has announced that it has completed its acquisition of Intermec, a leading provider of mobile computing, radio frequency identification solutions (RFID), voice-enabled workflow and data-collection solutions, and printing ...
Sol Voltaics AB of Lund, Sweden has completed a total of $15.6m (SEK102m) in new funding by adding $9.4m in an equity round to the $6.2m (SEK41m) loan (announced in June) from the Swedish Energy Agency (SEA), Sweden's national authority for ...
Tags: Nanowire GaAs PV, Electrical, Electronics
Packaging Corporation of America (PCA) has signed an agreement to acquire Boise, a manufacturer of packaging and paper products in the US, for about $1.9bn. The acquisition will allow PCA to increase its containerboard capacity to about ...
Tags: Packaging Corporation
Qinghai Province-based Chinese steelmaker Xining Special Steel Co. has announced that it has suspended its plan for a non-public offering of its shares against the background of sluggish demand in the steel markets and negative conditions ...
Tags: steelmaker, steel markets