Food distributor Sysco Corporation has called off its proposed merger with US Foods, after the US District Court in Washington, D.C ruled against the $3.5bn deal. Last week, the court issued a preliminary injunction to halt the proposed ...
The Aditya Birla Group has proposed a four-way restructuring plan to bring its retail business under Pantaloon Fashion & Retail (PFRL) and offer a maximum of 10 per cent equity stake to an investor in the consolidated entity, according to ...
Tags: Birla Group, Pantaloons Fashion
H.J. Heinz and Kraft Foods Group have announced that they have entered into a definitive merger agreement to create The Kraft Heinz Company. The merger will form the third largest food and beverage company in North America and the ...
Tags: Heinz, Merge, food and beverage company
Italian coffee maker Luigi Lavazza has sole rights to consider the acquisition of Carte Noire coffee business from Mondelez International, as part of its contractual agreement with the latter. Lavazza was quoted by Reuters as saying: ...
Tags: Lavazza, Carte Noire Coffee
Keurig Green Mountain is planning to buy back more than 50% of Italian coffee maker Luigi Lavazza for around $624m. This comes as Lavazza is currently raising funds for the acquisition of D.E. Master Blenders' L'Or and Mondelez ...
Tags: Keurig Green, coffee
The Board of Directors of Grasim has approved the proposed merger of the Aditya Birla Chemicals (India) Limited (ABCIL), another Aditya Brila Group company, with Grasim. Grasim’s Board of Directors approved the swap ratio of 1 ...
Tags: Aditya Birla Chemicals, Grasim
Not so fast, Wright and Tornier. U.S. regulatory agencies want a few matters cleared up before deciding whether to approve the proposed $3.3 billion merger of U.S. bone-implant maker Wright Medical Group Inc. with Dutch orthopedic ...
Tags: orthopedic device, medical device
Food distributor Sysco has agreed to divest 11 US Foods distribution centers to Performance Food Group. The move is in line with Sysco's plans to win FTC approval for its proposed merger with US Foods announced in December 2013. The ...
Tags: Sysco, Performance Food Group
Alliant Techsystems Inc. stockholders approved Tuesday the company's proposed merger with Orbital Sciences Corp., clearing the way for the spin-off next week of its firearms and Bushnell business as a new publicly traded company called ...
Tags: Vista Outdoor, Sporting Goods
Family Dollar Stores said based on a preliminary count of the votes cast at its special meeting of stockholders, its shareholders voted to approve the proposed merger with Dollar Tree. “Based on preliminary count, around 84 million ...
Tags: stockholders, votes cast, Apparel
Posted in Medical Device Business by Nancy Crotti on December 15, 2014 Just when you thought they couldn’t get more widespread or expensive, the medical device mergers-and-acquisitions of 2014 continue to astound. Allergan ...
Tags: DNA sequencing market, lab products, Health
The European Commission has launched an in-depth investigation into a proposal by Douwe Egberts Master Blenders (DEMB) and Mondelēz International to merge their coffee businesses. The Commission will investigate whether the ...
Tags: coffee businesses, Agriculture
Alliant Techsystems Inc.'s (ATK) plans to spin-off Bushnell and a dozen firearms brands to shareholders as a separate publicly traded company called Vista Outdoor Inc. took a step closer to reality Friday morning when the U.S. Department ...
Tags: Feds, firearms, Sporting Goods
Global beverage giant The Coca-Cola Company has made a deal with South African multinational brewing and beverage company SABMiller to acquire its Appletiser drinks brands on a worldwide basis, and acquire or be licensed rights to a further ...
Tags: Coca-Cola, Sabmiller, Agriculture
Cardia Bioplastics Limited (ASX: CNN) has signed a terms sheet with privately held Stellar Films Group (Stellar Films) under which a merger of the businesses of the two groups is proposed. What is the goal? The idea is to create a ...
Tags: Bioplastics, Films, Packaging