Nippon Paper Industries has signed an agreement with US based timber company Weyerhaeuser to acquire liquid packaging board business for $285m in cash. Under the terms of the deal, Nippon Paper will acquire Weyerhaeuser's mill located in ...
Tags: packaging board, Paper Industries
Under Armour Inc. announced the final distribution ratio for its upcoming $59 million dividend to holders of the company's Class C non-voting common stock in satisfaction of the previously announced settlement agreement entered into by the ...
Tags: C stock, cash, fractional shares
Smith & Wesson Holding Corp. reported revenues rose 22 percent in its fourth quarter ended April 30 and earnings that easily topped Wall Street expectations. ADVERTISEMENT >Fourth Quarter Fiscal 2016 Financial Highlights Quarterly net ...
Stora Enso has signed an agreement to divest the key assets of its Suzhou Mill in China, including the land-use rights and buildings, to the local government of Suzhou National New & Hi-tech Industrial Development Area (SND). During its ...
Tags: Paper Mill, Stora Enso
UK based packaging maker RPC Group has agreed to acquire packaging firm British Polythene Industries (BPI) in a deal worth about £261m ($379m). Under the terms of the deal, each shareholder of BPI will receive 470 pence in cash and ...
Tags: Polythene Industries, packaging
For the first time, local Chinese brands are equal to international brands in a measurement index -- meaning they are now in many ways perceived as equally competitive, new research found. According to advertising giant WPP and its market ...
The amount of non-cash payments in China in the first quarter rose 7.1 percent year on year, according to a central bank report released on Tuesday. The amount of money involved in non-cash payments,including commercial papers, bank cards ...
Ferro Corporation announced it has completed the acquisition of Pinturas Benicarló (Pinturas). Ferro has acquired 100% of the equity of privately held Benicarló, Spain-based Pinturas for €15.0 million in cash, on a ...
Tags: Ferro Corporation, Pinturas
Australian food manufacturing firm Patties Foods has accepted a $232m acquisition bid made by a private equity firm. Earlier this week, the company said it was approached by Pacific Equity Partners (PEP) with a takeover offer of $1.65 per ...
Although several brand vendors including Asustek Computer, Lenovo, Acer, Hewlett-Packard (HP) and Dell are all preparing to launch new 2-in-1 devices in the second half of 2016, some market watchers are concerned that demand may be limited. ...
Tags: 2-in-1 devices, Microsoft, CPU
Standard Motor Products has signed a definitive agreement to acquire General Cable Corporation's automotive ignition wire business for approximately $71m, subject to post-closing adjustments. The acquisition will include the purchase of ...
US-based diversified holding company HC2 Holdings has made an offer to buy agricultural company Andersons for $1bn in cash. The offer, which was made through a letter, valued Andersons' shares at $37 per share, a 43% premium on closing ...
Tags: HC2 Holdings, ethanol, rail sectors
US-based food manufacturer Hormel Foods has entered into a definitive agreement to acquire Justin’s, a nut butter-based snacking brand for $286m. Justin's four nut butter-based snack lines include spreads, squeeze packs, peanut ...
Tags: Snacking Brand, Hormel Foods
For first-quarter 2016, Rubicon Technology Inc of Bensenville, IL, USA (which makes monocrystalline sapphire substrates and products for the LED, semiconductor and optical industries) has reported revenue of $4.3m, down on $8.9m a year ago ...
Tags: Rubicon Sapphire, substrates
For its fiscal second-quarter 2016 (to 31 March), Emcore Corp of Alhambra, CA, USA - which provides indium phosphide (InP)-based optical chips, components, subsystems and systems for the broadband and specialty fiber-optics markets - has ...
Tags: Emcore, optical chips