Volkswagen has secured approval from Germany’s federal motor transport authority, Kraftfahrt-Bundesamt (KBA), to fix emissions software on several models. The company has already sent a letter to all of the affected owners, ...
Tags: Volkswagen, noise emissions
Valeo has agreed to acquire German clutch and and gear actuators maker FTE automotive from Bain Capital Private Equity for €819.3m. Subject to the approval of the European and Brazilian anti-trust authorities, the transaction is ...
Tags: Valeo, FTE Automotive
South African competition commission has given conditional approval of Anheuser-Busch InBev’s $100bn acquisition of SABMiller. The Commission has given to the recommendations to the Competition Tribunal following an investigation ...
Cargill's protein business headquarters will remain in Wichita and relocate from 151 North Main Street to a new office building which will be built at a yet-to-be-determined site within the city limits. The company's decision was made ...
Tags: Cargill Protein
Specialty label and packaging solutions provider CCL Industries has agreed to acquire privately held companies Eukerdruck and Pharma Druck CDM (Euker) for approximately $31m including its debt. The two companies have common shareholders ...
Tags: CCL Industries, packaging
QuadPackaging has streamlined global brand management with improved GlobalPassport solution. The optimized GlobalPassport brand management service protects brand identity and ensures quality and consistency of cartons, tags, labels and ...
Tags: QuadPackaging, GlobalPassport
Vienna-based brewery and restaurant Caboose Brewing Company will take over Mosaic's Strawberry Park from 12 p.m. to 4 p.m. to celebrate its first anniversary. The company is also planning to open its second location in the neighborhood. ...
Tags: Caboose Brewing, Strawberry
Agricultural and seed company Monsanto is looking to exit its biotech soybean seeds business in Argentina, as it faces problems in collecting seed royalties and with a depreciation in the country’s currency. The seed company is in ...
Tags: Soybean Seeds, soybean
Australian dairy processor Burra Foods has signed an agreement with dairy farming company Inner Mongolia Fuyuan Farming, allowing the company to gain a majority shareholding in it. The move is part of Burra's growth plans to improve ...
Tags: Burra Foods, dairy processor
China will test a new policy that aims to make the import and export of gold a lot easier, according to a statement jointly issued by the People's Bank of China and the General Administration of Customs. The new policy, set to be tested ...
Tags: Gold Imports, Gold
Anheseur-Busch InBev (AB InBev) has offered to sell SABMiller’s Eastern European brewing assets to gain regulatory approval for its £71bn merger with the UK drinks company. The Belgium brewer has submitted an updated ...
Tags: AB InBev, EC Approval
Magna International has agreed to acquire Telemotive, an engineering service provider for automotive electronics. Subject to regulatory approval, the transaction is expected to close in the second quarter of 2016. Once complete, ...
Tags: Magna, Telemotive
US-based drinks can maker Ball and Rexam have agreed to sell $3.42bn of assets to Luxembourg-based packaging maker Ardagh in order to gain regulatory approval for the proposed £4.43bn merger. The merger, which is due to be completed ...
Tags: drinks can, Ball and Rexam
Luxembourg-based packaging maker Ardagh has signed an agreement to acquire certain metal beverage can manufacturing facilities in Europe, Brazil and the US from US-based beverage can makers Ball and Rexam for $3.42bn. The deal is a ...
Tags: Beverage Can, metal can
General Mills has agreed to sell its Argentina bakery and foodservice business to a Mexico-based baking company Grupo Bimbo for undisclosed sum. However, General Mills will retain its growing retail food business in Argentina, including ...
Tags: General Mills, Grupo Bimbo, Acquisition