US-based snacks manufacturer Snyder’s-Lance will acquire snack food and culinary nut company Diamond Foods for approximately $1.91bn, which includes $640m of debt. The parties signed a definitive agreement in this regard under ...
Tags: snacks, Diamond Foods
When a middle-aged imaginative trader who has just been released from prison and a younger photographer who has a strong empathy for others meet in an empty subway, what do we expect? Probably nothing, some would say. Indeed, we have been ...
Sonoco, one of the largest diversified global packaging companies, today reported consolidated financial results for its third quarter, ending 27 September 2015. Sonoco president and CEO Jack Sanders said: "We are encouraged by the ...
Coca Cola is said to have dropped its plan to buy minority stake in Greek yogurt maker Chobani, as the beverage company believes that it may not fit its portfolio. Sources familiar with the matter told CNBC that the soft drinks giant is ...
On the morning of August 24, Chinese Minister of Commerce Gao Hucheng, who led a delegation to attend the series meetings of East Asia Economic Ministers in Kuala Lumpur, Capital of Malaysia, attended the 3rd EAS Economic Ministers’ ...
Tags: EAS, Development and cooperation, trade liberalization
Recently, the General Office of the State Council issued the Guiding Opinions on Accelerating the Development of the Financial Leasing Industry (hereinafter referred to as the Guiding Opinions), to comprehensively and systematically ...
Tags: financial leasing industry, economic structure adjustment
“The (Chinese) LED industry is in deep waters, and only a few manufacturers will survive in the next few years,” said several industry insiders during recent interviews with LEDinside’s editorial team in China. With the ...
Tags: LED industry, Chinese LED market
Dialog Semiconductor (XTRA: DLG) and Atmel Corporation (NASDAQ: ATML) announced today that Dialog has agreed to acquire Atmel in a cash and stock transaction for total consideration of approximately $4.6 billion. The acquisition creates a ...
Tags: Dialog Semiconductor, Atmel, Acquisition
Luxtera, the global leader in Silicon Photonics solutions, today announces the hiring of Brad Byk as Vice President of Worldwide Sales and Kelly Perez as Vice President of Finance. Luxtera will leverage their considerable experience and ...
Tags: OEM, Luxtera, Senior Executives
International Paper (IP) will exit from Chinese coated board joint venture (JV) by selling its 55% stake to JV partner Shandong Sun Holding for $23m. The IP-Sun JV operates one manufacturing facility with four paper machines in Shandong ...
Brazilian meat producer JBS has completed the acquisition of European poultry company Moy Park for $1.5bn from Marfrig Global foods, following an approval from the European Union. The deal, which was announced in June, required certain ...
China has adopted International Monetary Fund rules aimed at helping to improve the transparency, reliability and international comparability of the country's statistics. The move, announced on Thursday, is being viewed by Beijing-based ...
Tags: IMF, Economic Statistics
The 9th Annual Meeting of the New Champions, a World Economic Forum conference hosted each year in China. It has come to be known as the “Summer Davos,” opened on Wednesday in the city of Dalian. It has become customary for the ...
For first-half 2015, epiwafer foundry and substrate maker IQE plc of Cardiff, Wales, UK has reported unaudited results in line with expectations and its July trading update. Revenue was £53.2m, down 11% on £60m in second-half ...
Quiksilver, Inc. announced that the United States Bankruptcy Court for the District of Delaware has approved a variety of First Day Motions related to its voluntary Chapter 11 restructuring. Collectively, the orders granted by the ...
Tags: Quiksilver, Roxy, DC