In a strategic investment deal with private equity firm Lion Capital, Swiss food firm Aryzta will be buying a 49% stake in French premium food company Picard for €446.6m. Aryzta, which recently sold 49 million shares of the agri ...
State Council decides to allow up to 300 billion yuan to be invested from social security fund China is to allow up to 300 billion yuan (nearly $48 billion) from the nation's social security fund to be invested in local government bonds ...
In a strategic investment deal with private equity firm Lion Capital, Swiss food firm Aryzta will be buying a 49% stake in French premium food company Picard for €446.6m. Aryzta, which recently sold 49 million shares of the agri ...
Dutch bottler of soft drinks and juices Refresco Gerber BV has raised $597m (€548m) through initial public offering on Amsterdam stock exchange. This is its third IPO this year, reported Bloomberg. Refresco sold 37.8 million ...
Tags: juices, facilities, Food
The Finish Line reported earnings declined 5.4 percent to $40.4 million, or 87 cents in its fourth quarter ended Feb. 28, but adjusted earnings topped Wall Street's consensus target. Sales improved 6.3 percent to $551.3 million with comps ...
Tags: Balance Sheet, Wall Street, Sporting Goods
Two investment funds KKR and CVC Capital Partners have emerged as top bidders for Pivovarna Lasko, a Slovenian brewery. Three other bidders - Mid Europa Partners, Bain Capital and Dutch brewer Heineken - were urged to submit improvised ...
Earnings per share on a non-GAAP basis surged 23 per cent at apparel marketer PVH Corp which has brands like Calvin Klein and Tommy Hilfiger in its portfolio for the fourth quarter ended December 31, 2014. PVH said its fourth quarter ...
Tags: PVH Corp, Heritage brands business, Apparel
ConAgra Foods has posted a higher-than-expected profit for the third quarter of fiscal 2015 and raised its full-year earnings forecast.The company's Consumer Foods Segment reported sales of about $1.8bn and operating profit of $274m. ...
Tags: Conagra Foods, Profit, Brands
Karmaloop Inc., a 15 year-old online retailer specializing in streetwear, action sports and music-inspired clothing for 18-35 year old males, has begun a formal restructuring and set a sales auction process. The restructuring and new ...
Tags: Karmaloop Inc, Brand val, Sporting Goods
Preliminary figures released by Austria based producer of specialty viscose fibres indicate that its consolidated sales declined marginally in 2014 from 2013. Consolidated revenues of the Lenzing Group slipped slightly to €1.86 ...
Tags: Lenzing, viscose fibres, Textile
DFS has secured a new £230m funding package from a banking syndicate led by Lloyds Bank Commercial Banking following its recent stock market listing. The funding includes a £200m term loan that will be used to repay existing ...
Distell Group, a leading liquor producer in South Africa, is in negotiations with India-based Tilaknagar Industries to acquire a few of latter’s brands. Tilaknagar Industries, which has INR 8bn- ($128m) debt, expects to generate ...
Tags: Distell Group, Liquor, Food
American food firm J. M. Smucker Company has completed the acquisition of Big Heart Pet Brands in a cash and stock transaction valued about $6bn. J. M. Smucker, which offers food products including peanut butter, jam and Folgers ...
Pivovarna Lasko, a leading brewer in Slovenia, has secured five binding bids in a sale that iis likely to be completed by June end. Though the names of the bidders have not been announced officially, local media reports say that Dutch ...
Tags: Pivovarna Lasko, bids, Food
Thailand's meat producer Charoen Pokphand Foods (CP Foods) in 2015 is set to invest up to $763m to expand in foreign markets. i The company will spend THB20-25bn ($611-763m) this year, primarily on overseas expansion and ...
Tags: CP Foods, economy, businesses