China's Shuanghui International has announced that the Committee on Foreign Investment in the United States (CFIUS) has approved its proposal to acquire Smithfield Foods. Smithfield and Shuanghui International also received governmental ...
Tags: Smithfield Foods, Food
Microsoft's acquisition of Finnish firm Nokia's mobile phone business and patents is a bad piece of business, according to Jon "Maddog" Hall, the executive director of Linux International, a non-profit organisation of IT professionals that ...
Indonesia's Indofood Sukses Makmur (Indofood) has increased its stake in Singapore-listed vegetable processor China Minzhong Food (CMFC) to more than 50%, through direct market purchases. Earlier this week, Indofood launched a mandatory ...
Tags: Indofood, Minzhong Food
Esko has announced its plans to acquire the US-based CAPE Systems, which provides software solutions for packaging design, pallet load optimization and supply chain profitability. Esko president and CEO Carsten Knudsen said the addition ...
Tags: CAPE Systems, Esko
Japanese drugmaker Otsuka Pharmaceutical has agreed to acquire Astex Pharmaceuticals for $866m in an all-cash tender offer. Under the deal, Astex's fragment-based drug design technology called 'PYRAMID' will be integrated into Otsuka, ...
Hillshire Brands, a US-based food company, has agreed to acquire Golden Island, a manufacturer of premium gourmet jerky products, for an undisclosed amount. Headquartered in Rancho Cucamonga, California, Golden Island produces more than ...
Tags: Hillshire Brands, Golden Island
CRAiLAR Technologies Inc., which produces and markets CRAiLAR Flax fiber The Friendliest Fiber On The Planet, announced that it has executed a letter of intent ("LOI") to acquire a European fiber dyeing facility with more than thirty years ...
Tags: Fiber Dyeing, Textile
The Australian Competition and Consumer Commission will not oppose the proposed acquisition by Air New Zealand Limited (Air New Zealand) of an additional 6 per cent of Virgin Australia Holdings Pty Ltd (Virgin). On 3 September 2013, the ...
Microsoft wants to build a better mobile phone through its acquisition of Nokia's mobile phone business. One way it hopes to do that? By improving its maps applications to better compete against Google's. "An effective alternative to ...
Post Foods, a US-based cereal brands manufacturer, has acquired the branded food and beverage unit of Premier Nutrition (PNC) for $180m in cash. Headquartered in Emeryville, California, PNC offers protein beverages and foods under its ...
Tags: Post Foods, Premier Nutrition
Chinese state-owned Bright Food is looking at options to acquire Israel’s major food manufacturer and distributor Tnuva, as part of its efforts to further expand its presence overseas. Tnuva owns seven of the top ten leading food ...
Tags: Bright Food, Food
Tech companies are hanging onto record amounts of cash, and industry watchers want to see more of it reinvested in the companies or distributed to shareholders. FactSet, a financial research firm, tallied all the cash and marketable ...
Tags: Computer Products, software, webservice
Microsoft is to acquire Nokia's Devices & Services business, which includes the smartphone and mobile phones businesses, and license the Finnish company's patents for a total of €5.44 billion (US$7 billion) in cash, the companies said ...
Tags: Microsoft, Nokia, Mobile Phones Business, Smartphones
Endress+Hauser has announced the acquisition of US company Kaiser Optical Systems, Inc. The Swiss company for process automation has signed an agreement with parent company Rockwell Collins. The transaction is expected to be completed in ...
Tags: spectrographic instrumentation, applied holographic technology
Ashgrove Insurance, a UK-based independent general insurance broker, has acquired Lloyd Howard Insurance Services for an undisclosed amount. Founded in 1920s, the Manchester-based broker Lloyd Howard has a gross written premium worth over ...
Tags: Insurance, Ashgrove Insurance