Shuanghui International has agreed to acquire US-based pork producer and processor Smithfield Foods in an all-cash deal valued at $7.1bn, including the assumption of net debt. Shuanghui International is the majority shareholder of Henan ...
The tug-of-war over Clearwire looks set to continue for at least another two weeks as the struggling mobile operator postponed a special shareholder meeting once again to consider Dish Network's latest bid. On Wednesday, Dish boosted its ...
Tags: Clearwire, Dish Network
Police in the southern Italian city of Taranto have confiscated €8.1 billion worth of property and goods belonging to the Riva family, owners of the Riva Fire holding company which controls the troubled Ilva steel plant, as widespread ...
Tags: Italy, production, steelmaking, European Union, Brescia
SKG has set out targets to strengthen its sustainable business practices under seven key building blocks including: Chain of Custody, CO emissions, Waste, Water, Health & Safety, Sustainable Sourcing, and Community Involvement. Detailed ...
Tags: Kappa, Sustainability Plan, Packaging
Irn-Bru manufacturer AG Barr is still committed to a merger with Britvic, according to its latest financial statement covering the 15 weeks from January 27 to May 12. AG Barr 'outperformed a sluggish market' said Panmure Gordon The ...
Bedding major Tempur-Pedic International said its shareholders have approved changing the name of the company to Tempur Sealy International. The name change, made in the wake of the company's March acquisition of Sealy Inc., was ...
Tags: Light Industry, Daily Use, Bedding
Title insurance, mortgage services and diversified services provider Fidelity National Financial (FNF) has signed an agreement to purchase mortgage-services provider Lender Processing Services (LPS), for about $2.9bn. Under the terms of ...
Dorel CEO and president Martin Schwartz told shareholders at the company's annual meeting Thursday morning that despite the slow start to the year—which he attributed to bad weather that persisted through April—he remains ...
Tags: Transportation
For first-quarter 2013, 5N Plus Inc of Montreal, Quebec, Canada, a producer of specialty metal and chemical products, has reported revenue of $118.4m, down 8% on $128.6m last quarter and 27% on $162.2m a year ago following a trend of ...
Tags: 5N Plus, Electronics
Florida-based holding company Homeowners Choice has changed its name to HCI Group, Inc., following approval from shareholders. Change to the company's name is expected to provide several benefits, including improved representation of the ...
Tags: HCI Group, Homeowners Choice
Sony will leverage its streaming technology to bring PlayStation games to devices other than dedicated consoles as part of its ongoing turnaround, but said gaming profits will still suffer and lowered sales targets for its smartphones and ...
Tags: Sony, PlayStation Games, Computer Products
The U.S. government is in negotiations with SoftBank for greater control over equipment purchases by Sprint Nextel and the selection of one of the Japanese company's nominee to the U.S. carrier's board, according to a news report. Dish ...
Tags: SoftBank, US, Allay Security
AstraZeneca has agreed to acquire Omthera Pharmaceuticals along with novel dyslipidemia treatment in a deal, which has a total potential cost of nearly $443m. As per the deal, AstraZeneca will acquire Omthera for $12.70 per share, or ...
Tags: Pharmaceuticals, Astrazeneca
Ahlstrom, a global high performance fiber-based materials company, announces that the demerger of Ahlstrom's Label and Processing business in Europe (LP Europe) has been registered with the Finnish Trade Register. A total of 11,597,326 new ...
Tags: Ahlstrom, LP Europe Demerger
The Chinese Ministry of Commerce has approved the previously announced agreement of Heinz takeover by an investment consortium comprised of Berkshire Hathaway and 3G Capital. The transaction, which remains subject to certain customary ...
Tags: Heinz, 3G Capital