Two private equity firms,US-based Blackstone and Hong-Kong based Affinity Equity Partners are likely to make a bid for Australia's leading poultry processor Inghams Enterprises. The indicative bids for the business are expected to be ...
Tags: poultry processor, make a bid, ACCC
Unipex Group, through its wholly owned Canadian subsidiary, Unipex Solutions Canada, has acquired Debro Pharma from Debro Chemicals. The acquisition of Debro Pharma will expand Unipex Solutions Canada's product offering to pharmaceutical ...
Tags: Unipex Group, Debro Pharma, Debro Chemicals
RFM,a leading food and beverage firm based in the Philippines,has entered into an agreement to sell its canned meat business,Swift brand,to a subsidiary of Century Canning for about PHP850m($20.49m). In a disclosure to the Philippine ...
Tags: food, beverage, agreement, canned meat business
Siemens has entered into an agreement to acquire Invensys Rail, the rail automation business of Invensys for approximately EUR 2.2 billion. At the same time, the company plans to divest its baggage handling, postal and parcel sorting ...
Tags: Siemens, rail, baggage handling, postal, parcel sorting activities
GlaxoSmithKline (GSK) has announced an agreement with Aspen Global to divest majority of Classic Brands, including 25 non-promoted and genericised products in Australia for approximately £172m in cash. The divested brands include ...
Tags: Valtrex, Lamictal, Timentin, Amoxil, branded and generic pharmaceuticals
BP announced its financial results for the third quarter of 2012,reporting underlying replacement cost profit,adjusted for non-operating items and fair value accounting effects,of$5.2 billion.It also announced an increase in its quarterly ...
Tags: BP, financial results
BP has appointed the current head of its US operations, Lamar McKay, to oversee the company's existing upstream oil and gas divisions, which were created in the wake of the 2010 Gulf of Mexico oil spill, the company said Friday. McKay, ...
Tags: upstream chief, oil spill, offshore spill
The closure of its particleboard mill in Knowsley in the UK in mid-September placed an additional burden on earnings reported by Sonae Industria, which were already on the decline. According to its interim report for the third quarter, ...
Tags: Sonae, Sonae Industria, particleboard, particleboard mill
New Hope, a leading agribusiness operator in China, and US-based private equity firm Blackstone are in the final round of bidding for Australia's leading poultry processor Inghams Enterprises. Second round bids are expected to be launched ...
Tags: Blackstone, poultry processor, Inghams Enterprises, bidding
Dalmia Bharat Enterprises Limited has acquired Adhunik Cement Limited for R560 Cr through its subsidiary-Dalmia Cement Bharat Limited.According to BSE filings,the acquisition and consideration shall be made in multiple tranches.This ...
Tags: Adhunik Cement, Shriram Group companies, divestment mode
Esprit Holdings Limited,one of the world's leading fashion brands,announced the annual results of the Company and its subsidiaries for the year ended 30 June 2012. Profitability The Group recorded a gross profit of HK$15,206 ...
Tags: Esprit Holdings, fashion brands, annual results, profitability
UK-based Dairy Crest has completed the divestment of its French branded spreads business St Hubert to Montagu Private Equity in an all-cash deal of EUR430m. In July 2012,Dairy Crest entered into an agreement to divest its French branded ...
Tags: all-cash deal, divestment, spreads business, dairy
Mobile operator Three has selected South Korean firm Samsung to provide it with LTE radio access network and 3G/LTE core infrastructure solutions to underpin its forthcoming 4G service. The deal marks Samsung's first mobile network ...
Tags: South Korean, firm, Samsung
US packaged foods company ConAgra has completed the acquisition of Unilever's North American frozen meals business for a total cash consideration of$267m,a move which will strengthen its frozen food business. The agreement to acquire ...
Tags: acquisition, frozen meals business, cash consideration
UK-based Dairy Crest has cleared the final hurdle in the divestment of its French branded spreads business St Hubert to Montagu Private Equity,with its shareholders approving the€430m deal. The company has also received clearance of ...
Tags: hurdle, shareholders, strategic acquisitions