Carl Icahn's bid to disrupt plans to buyout Dell have ramped up, with the billionaire offering to pay $14 a share for a majority stake in the company if shareholders help him in reducing the proposed $24.4bn (£15.6bn) offer for the ...
Tags: Dell, Carl Icahn
Carl Icahn has acquired a larger stake in Dell and called for a better buyout offer than the proposal of US$13.65 per share from Michael Dell and Silver Lake Partners. Icahn has proposed that Dell commence a tender offer for around 1.1 ...
Tags: Dell, Carl Icahn, Buyout Deal
2 Sisters Food Group is considering a bid for Bernard Matthews, according to recent press reports. Speculation surrounds Bernard Matthews as the subject of potential takeover by 2 Sisters The meat processing group, which has hit the ...
Tags: Faccenda Group, Julian Wild, Seara Foods, 2 Sisters Food Group
The dollar's coming of age as a global reserve currency has resulted in a $200 billion buying spree by central banks and sovereign wealth funds since the global financial crisis, adding an estimated US6c-US8c to the dollar's value, ...
Tags: Australian Dollar, JP Morgan
US-based pork producer and processor Smithfield Foods has reported a 62.6% decline in net earnings to $29.7m for the fourth quarter of 2013, compared with $79.5m for the same period a year ago due to rise in feed costs and decline in hog ...
Tags: Smithfield Foods, Net Income
Rio Tinto has sold $US3 billion ($3.1bn) in corporate bonds in the US market, making it the biggest high-grade deal since worries about the Federal Reserve pulling back on its bond-buying program stymied new issuance. Underwriters ...
The manufacturer, which specialises in fresh prepared foods, announced today (June 13) that it had completed financial negotiations with banks enabling it to pay off some of its debt and extend existing loan agreements. As a result, ...
Tags: Agriculture, Food
Song Ho Industrial Co., one of the major wire products manufacturers in Taiwan, said recently that even though the issue of European debt crisis will still cause Song Ho's export quantity to decrease in Europe, the raising China RMB ...
Tags: taiwan, steel, Metallurgy, Mineral, Energy
Northwest European acrylonitrile-styrene-butadiene and polystyrene producers are raising their competitiveness in order to retain market share in the fast growing Turkish market, market sources said this week. European producers are ...
Tags: acrylonitrile-styrene-butadiene, polystyrene producers
The average bicycle retail store earns annual pre-tax profit of 5.5 percent, but the top 25 percent bring home nearly three times that. Is this really possible? If so, how do they do it? Aggressive marketing? Super staff training? ...
Tags: Bike Stores, Profit
To meet the growing demand for gallium in LED manufacturing in North-East Asia, specialty metal and chemical products firm 5N Plus Inc of Montreal, Quebec, Canada is to invest in a new gallium chemicals facility to be located in South ...
Tags: 5N Plus, LED, Electrical, Electronics
Siemens has started talks with private-equity firms about the sale of its share in Nokia Siemens Networks, The Wall Street Journal reported on Friday. The German company's 50% share of Nokia Siemens Networks (NSN) could be worth more than ...
Tags: Siemens, Nokia, Networking Venture
Berkshire Hathaway and 3G Capital have completed the previously announced $28bn acquisition of American food company HJ Heinz. The consortium had entered into an agreement on 14 February to acquire Heinz for $28bn, including the ...
Tags: 3G Capital, HJ Heinz
Brazilian meat producer JBS has agreed to acquire local poultry and pork producer Seara Brasil, which is owned by Marfrig Alimentos, in a deal worth BRL5.85bn ($2.72bn) including the assumption of outstanding debt. As part of the deal, ...
The global producer of glass fiber reinforcements, Owens Corning (OC - Snapshot Report), has joined with Taishan Fiberglass, a subsidiary of China National Materials Group, Sinoma, to promote the use of Alkali Resistant (AR) specialty ...
Tags: Glass, glass fiber, Construction