Economic Times reported that just days after the state auditor faulted it for not having a specific strategy to acquire mines abroad, India's largest iron ore producer NMDC, which is sitting on a big cash hoard, it is not in any rush to buy ...
Tags: mining, India, NMDC, iron ore, foreign mineral assets
PTI reported that Mr Cyrus Mistry, the new chairman of the TATA Group, will formally take charge of his office on December 31st Monday. Mr Mistry, who was appointed chairman to succeed Mr Ratan Tata, is the sixth chairman of the TATA ...
Tags: Mr Cyrus Mistry, TATA Group, office, December 31st
Officials from Trulite Glass & Aluminum Solutions LLC announced they have finalized the acquisition of Western States Glass Corp., according to a Jan. 3 company release. Western States Glass, offering a wide range of products from shower ...
Tags: glass
Global mergers and acquisitions took a hit last year as the value of deals fell by 2.7 per cent to its lowest point in two years while Australia's activity was curtailed by a slowdown in energy and mining transactions. In its round-up ...
Tags: Australia, energy, mining transactions, value of deals
To quote Hank Williams Jr., "The interest is up and the stock market's down." What are auto glass repair and replacement (AGRR) shops facing as a variety of fiscal uncertainties head their way in 2013? Mixed reporting nearing the approach ...
Tags: Auto Glass, Glass
PTI quoted government auditor CAG as saying that state owned iron ore producer NMDC needs to come up with a specific strategy to acquire mines overseas. CAG in a recent report said that "Company has been making efforts to acquire mines ...
Cal-Maine Foods has booked a 39% drop in second-quarter earnings, as revenue growth failed to offset higher costs. The company said earnings dipped to US$14.3m in the quarter to 1 December, down from $23.3m in the comparable period of ...
Tags: Cal Maine Foods, eartnings, company news, food industry
Dutch retailer Jumbo Group has booked an increase in full-year sales, boosted by both acquisitions and like-for-like sales growth. just-food articles are only available to registered users and members.Join now for increased access There ...
Tags: Jumbo Group, full year sales, acquisitions, company news
A number of signs suggest that next year will see a surge in tech companies selling off assets and product lines for both financial and strategic reasons, according to a recent report by consulting firm PricewaterhouseCoopers. "PwC has ...
Tags: tech companies, PwC, divestiture planning, 2013
Worthington Industries,Inc reported net sales of USD 622.6 million and net earnings of USD 31.8 million,or USD 0.45 per share,for its fiscal 2013 second quarter ended November 30,2012.In the second quarter of the prior year,the Company ...
Tags: Worthington, Westerman, McConnell
Sun European Partners’ affiliate has acquired a majority stake in Paragon Print and Packaging, the UK-based packaging and outsourced services provider, to the private label fresh and chilled food market. Terms of the deal were not ...
Tags: Sun European, affiliate, major stake, Paragon Print, Packaging
Cal-Maine Foods, a US-based egg producer, has reported that its net sales increased by 13.26% to $328.8m for the second quarter of 2013, compared to $290.3m for the same period in the previous year. For the period ended 1 December 2012, ...
Tags: Cal-Maine Foods, net sales, egg, food industry
The deal for the stake in the 170m-turnover group was announced this morning by Sun European Partners, the European arm of US-based Sun Capital which has recently bought businesses including Britton Group, Albéa, Kobusch-Sengewald ...
Tags: Sun Capital, personal care business, company news, stake
The deal, which was first announced in November, will see four Contego facilities – in Leeds and Gillingham in the UK, Hoogerheide in the Netherlands and Portlaiose in Ireland – transfer to the US-based cartons giant. It then ...
Tags: Graphic Packaging, Fair Trading, cartons, food packaging
Bermuda-based Athene Annuity & Life Assurance Company (Athene Annuity) has completed the acquisition of US-based Presidential Life, which markets and sells various fixed annuity, life insurance and accident and health insurance products. ...
Tags: Athene Annuity, Presidential Life, annuity, life insurance