Del Monte Pacific (DMPL), a Singapore-based food and beverage firm, has closed the acquisition of Del Monte Foods' (DMF) Consumer Products business for $1.67bn. The acquired entity will now be renamed as Del Monte Foods (DMFI). The ...
Tags: Del Monte Pacific, US Food Unit
Wanxiang America, an affiliate of Chinese automotive parts maker Wanxiang Group, has received an approval from the US bankruptcy court to acquire the assets of American electric car maker Fisker Automotive for $149.2m. The company has won ...
Longstanding Myer CEO and managing director Bernie Brookes has put pen to paper on a new, open-ended contract worth $2 million per annum, plus performance based cash and equity bonuses. At the same time, the experienced retail head as ...
Tags: Consumer Electronics, Myer
US-based flexible packaging company Bemis has signed an agreement with Hood Packaging to sell its paper packaging division. As part of the deal, Hood Packaging will acquire offices and manufacturing facilities of the division, situated in ...
Cal-Maine Foods, a US-based egg producer, has signed a deal to take over the remaining 50% stake in Delta Egg Farm from Sunbest Foods of Iowa for $17m. With this development, Delta Egg Farm will become a wholly owned subsidiary of ...
Tags: Cal-Maine Foods, Delta Egg Farm
Canadian dairy giant Saputo has closed its unconditional all-cash takeover offer for Warrnambool Cheese and Butter (WCB) and now holds 87.92% share in the Australian firm. The company stated that going forward it will work closely with ...
Tags: Saputo, Unconditional Takeover
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
US ethylene contracts for January were heard fully settled up 2 cents from December, with the net transaction price at 50.25 cents/lb, market sources said Wednesday. The posted price also rose 2 cents from December to 54.75 cents/lb. ...
Tags: Ethylene, spot ethylene
Bauer Performance Sports Ltd. entered into a definitive agreement to acquire the Easton Baseball/Softball business for US $330 million in an all-cash transaction, subject to a working capital adjustment. Easton-Bell Sports also indicated ...
On February 2,2014,Sulzer signed an agreement for the acquisition of a 75%stake in Saudi Pump Factory with Nabil Al Hashim,the owner and founder of the company. The agreed purchase price for the 75%stake is CHF 33 million.Closing of the ...
Tags: Pump, Sulzer.Saudi Pump
LHC Group Inc. (NASDAQ: LHCG), a national provider of home health, hospice and comprehensive post-acute healthcare services, announced today that it has signed a definitive stock purchase agreement with BioScrip®, Inc. (NASDAQ: BIOS) to ...
Tags: Llhc Group
Flakeboard and SierraPine Announce Asset Purchase Markham,Ontario,Canada(February 13,2014)–Flakeboard America Ltd.,a U.S.subsidiary of Arauco,has agreed to buy the western U.S.panel assets of SierraPine,a California limited ...
Tags: Flakeboard, Sierrapine, composite panels, plywood, millwork
UK-based Premier Foods has taken over the wheat and flour milling operation of Swaziland-based Ngwane Group for ZAR100m. The Swaziland Competition Commission (SCC) has approved the transaction, subject to certain conditions. The ...
Tags: Premier Foods, wheat, flour milling
French dairy major Danone has agreed to increase its holding in Chinese dairy firm Mengniu from 4% to 9.9%, with an investment of €486m. The company, along with COFCO Dairy Investments, signed a deal to subscribe a reserved rights ...
Tags: Danone, Mengniu, increase holding
Mitel Networks Corporation and Aastra Technologies have finalised their US$374 million merger. Aastra will now fall under the Mitel banner, which now boasts an annual combined revenue of $1.1 billion and 60 million customers worldwide. ...
Tags: Aastra