The Canadian Competition Bureau has approved Mexican firm Grupo Bimbo’s proposed acquisition of Canada Bread. In February, the Mexican firm agreed to acquire Canada Bread for C$1.83bn ($1.66bn). Canada Bread is the bakery products ...
The Dixie Group has announced its agreement to acquire Atlas Carpet Mills,located in Los Angeles. As outlined in its agreement,closing of the acquisition is scheduled for Wednesday,March 19.In commenting on the agreement,Daniel ...
Tags: Atlas Carpet Mills, Dixie, acquisition
Prices of spot delivered thermal coal cargoes into Turkey slipped Friday, following a lower-priced deal for US material and buyers willing to wait for cheaper prices, sources said. Platts assessed the weekly CIF Turkey 6,000 kcal/kg ...
Tags: Thermal Coal, US Deals
The Dixie Group, Inc. announced its agreement to acquire Atlas Carpet Mills, a high-end manufacturer and marketer of commercial floorcovering products located in Los Angeles, California. As outlined in its agreement, closing of the ...
Global Digital Solutions, Inc., a little-known technology company based in Palm Beach, FL, has reportedly made an unsolicited offer to purchase Freedom Group, Inc., also known as Remington Outdoor Company, Inc., for $1.082 billion in cash ...
Tags: Sporting Goods, Recreation
Concentrating photovoltaic (CPV) solar system maker Soitec of Bernin, France says that South Africa’s Department of Energy has granted its preliminary approval to a refinancing scheme for Soitec’s equity position in the 44MWp ...
Tags: Soitec, CPV, Green Energy
Dollar General Corporation reported record sales, operating profit and net income for its fiscal 2013 fourth quarter (13 weeks) and full year (52 weeks) ended January 31, 2014. Highlights: -Full Year Sales Increased 9.2%; Full Year ...
Tags: Apparel
SunCoke Energy, Inc. announced Tuesday its plan to drop down over time the company's entire domestic coke business to SunCoke Energy Partners, L.P.? SXC is the sponsor, general partner and largest unitholder of SXCP, holding a 56 percent ...
Tags: Coal Mining, Coal, Metallurgy, Mineral, Energy
As of March 10, inventory of iron ore at 25 major Chinese ports amounted to 103.21 million mt, indicating an increase of 2.17 million mt or 2.15 percent week on week, as announced by China's Xinhua News Agency. As of the same date, the ...
Tags: Iron Ore, Chinese ports, imported steel
US ethylene contract prices for February were heard to have fully settled 0.75 cent below January's contract prices, with the net transaction price at 49.50 cents/lb, sources said Monday. The posted price also slipped 0.75 cent compared ...
Whether you see Bitcoin as the future of finance or a reckless gamble, the digital currency has become headline news over the past year, even as its origins remain shrouded in mystery. Bitcoin began as a means of payment but quickly ...
Tags: Bitcoin, Digital Currency, Speculators
For its fiscal third-quarter 2014 (ended 26 January), fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported a sixth consecutive quarter of revenue growth, to a record $294m. This is up 1.1% ...
Canada's leading light oil producer Penn West will invest C$900 million ($815 million) in 2014 on its assets in Western Canada, targeting an annual average output of 101,000-106,000 b/d of oil equivalent, CEO Dave Roberts said Friday. ...
Tags: Light Oil Producer, Mineral
Supply chain professionals rarely have a degree in tax law. That's too bad… because understanding international regulations is important and getting more important every day. "As country-level agencies issue regulations and increase ...
RockTenn has entered into an agreement with Simpson Lumber to acquire the latter's Tacoma Kraft paper mill in Tacoma, Washington, for around $343m. The transaction, which is subject to customary closing conditions and regulatory ...
Tags: Paper Mill, Packaging