Following clearance from the European Commission, INEOS Enterprises has successfully completed its agreement to purchase one of Europe’s leading solvent manufacturers, Sasol Solvents Germany. The acquisition includes production ...
Tags: Sasol Solvents, INEOS
Goodyear Tire & Rubber Co. announced an update to its 2014-2016 capital allocation plan that will allow the company to invest approximately $500 million to build a new consumer tire plant to support demand in North America and Latin ...
Tags: Tire, Rubber Tire
Aeropostale, Inc., a mall-based specialty retailer of casual apparel for young women and men, announced that it has entered into definitive agreements with respect to its previously announced strategic partnership and $150 million senior ...
Tags: Aeropostale, casual apparel
Seneca Foods Corporation reported that net earnings for the fiscal year ended March 31, 2014, decreased to $13.8 million, or $1.23 per diluted share, compared to $41.4 million, or $3.57 per diluted share, in the fiscal year ended March 31, ...
Tags: Seneca Foods
Cargill has entered into an agreement to acquire Turkish fats and oils company Turya, as part of its plans to expand its food ingredient operations in the country. The acquisition Turyag , which has a workforce of more than 200 people, ...
United Natural Foods has signed an agreement to acquire all of the stock of Tony’s Fine Foods, a distributor of perishable food products, for nearly $195.3m. Founded in 1934, Tony's primarily sells its products to retail and ...
Sweden-based special steel producer Ovako has announced that the commercial court of Nanterre in France has made a decision regarding the bid concerning the assets of French engineering steel producer Ascometal in favor of the French ...
Tags: Bankrupt Ascometal
Underwriters of the outdoor specialty chain's Apr.17 IPO, among them Credit Suisse,Goldman,Sachs and William Blair,have elected to acquire 75% of an overallotment of 1875000 Spotman's Warehouse shares at $9.50 per. The total includes 350000 ...
Tags: Sportsman's Warehouse, Sachs
Advanced Tube Bending Maintains Latest-Generation Aircraft To maximize operational efficiency, British Airways maintains its fleet of aircraft in-house. The loss of revenue resulting from the grounding of a modern aircraft can be ...
The sale of “The Winston Blue” helped bring Christie’s auction held Wednesday in Geneva to the status of highest total ever for a jewelry auction. The diamond sold for more than $23 million. See the top 10 lots from ...
Tags: jewelry market, Christie's Sale
According to Reuters, Mexican paint company Consorcio Comex said on Wednesday it was suing Sherwin-Williams over the U.S. paint maker's failed attempt to acquire it, arguing that the U.S. company had not tried hard enough to honor a deal ...
Tags: Construction, Decoration
Swedish automotive manufacturer Scania has agreed to sell its shares to German automaker Volkswagen Group for $9.2bn. Following the transaction Volkswagen will own 723,733,927 shares in Scania representing 90.47% stake including its ...
Tags: Volkswagen
American food company Hillshire Brands has signed a deal to acquire all the outstanding shares of packaged foods firm Pinnacle Foods for $6.6bn. Under the terms of the deal, each share of Pinnacle Foods common stock will be exchanged ...
Tags: Pinnacle Foods, Hillshire Brands
According to Brazilian news reports Monday, Gerdau has joined the competition to acquire the assets of bankrupt, France-based engineering steel manufacturer Ascometal. Gerdau, which has reportedly offered 86 million euro (US$118 million), ...
Tags: Gerdau, engineering steel
Coca-Cola Bottling Co. Consolidated, the nation’s largest independent Coca-Cola bottler, announced it has signed a definitive agreement with The Coca-Cola Company to expand the bottler’s franchise territory to include the ...
Tags: Coca-Cola Bottling, Coca-Cola