Nobia (NOBI.ST) has received an offer to divest its French kitchen chain Hygena to Fournier SA, which manufactures and sells kitchens under the brands Mobalpa, Perene and SoCoo'c. Nobia intends to respond to the offer after consultation ...
Tags: Nobia, Fournier SA, Food
The Federal Trade Commission (FTC) is weighing an antitrust lawsuit against the $3.5bn merger of Sysco and US Foods which was announced in December. FTC has been investigating the proposed merger, which according to it, has the potential ...
Heineken has sold its Mexican packaging business Empaque to Crown Holdings for $1.225bn, in a bid to reduce its net debt by the end of this year. The company said the proceeds from the sale will be used to reach the target of bringing ...
Tags: Heineken, packaging business
Akzo Nobel N.V. reported positive volume development in all three Business Areas. Second quarter revenue of €3,710 million was 4 percent lower compared with the same quarter last year. The decrease was mainly due to 5 percent adverse ...
Tags: Akzonobel, Report, Decoration
Swedish speciality steel producer SSAB has announced that the European Commision has approved its merger with Finland-based steelmaker Ruukki. The offer period for the merger is scheduled to expire on July 22. The Commission had concerns ...
Tags: SSAB, Ruukki, Metallurgy, Mineral
BP announced its financial results for the second quarter of 2014. Underlying replacement cost profit for the quarter of 2014 was $3.6 billion, 34% higher than the $2.7 billion reported for the same period in 2013 and 13% higher than the ...
Tags: oil production, gas production
Green packaging and tissue paper products manufacturer Cascades has signed an agreement with H.I.G Capital subsidiary Rolland Enterprises to sell its fine papers activities for around $39.5m. The divestment includes Rolland Division and ...
Tags: Cascades, Rolland Enterprises, Packaging
Norilsk Nickel is to sell its Avalon and Cawse nickel assets in western Australia to Wingstar Investments, the Russian producer said Wednesday. "The assets encompass the Avalon (formerly Bulong) nickel laterite deposit and processing ...
Tags: nickel, Norilsk Nickel
"Clariant had a promising start to the year with good volume growth and an increase in operating profitability," said CEO Hariolf Kottmann. "Overall, our businesses performed well in an improving but still mixed economic environment. The ...
Tags: Construction, Decoration, economy
Bob Sumerel Tire Co. Inc., a predominantly commercial tire distribution and service company based in Erlanger, Ky., has acquired five Northeast Ohio locations from Kauffman Tire Inc. The transaction is expected to close on May 2, 2014. ...
Tags: Auto Parts, tire, tyre
Akzo Nobel N.V. reported a positive volume and price/mix development in all three Business Areas. First quarter revenues of €3,383 million were 2 percent lower compared with the same period last year. The decrease was mainly a ...
Tags: Construction, Decoration
Akzo Nobel recently reported a positive volume and price/mix development in all three Business Areas. First quarter revenues of €3,383 million were 2 percent lower compared with the same period last year. The decrease was mainly a ...
Tags: Construction, Decoration
Crown Holdings today announced its financial results for the first quarter ended March 31, 2014. First Quarter Highlights -Mivisa acquisition approved by European Commission -Income per diluted share $0.17; Before Certain Items $0.57, ...
Tags: Crown Holdings, Beverage segment
Ardagh Group announced today that it has completed the acquisition of Verallia North America (“VNA”), following approval of a consent order by the Commissioners of the Federal Trade Commission. Following the acquisition of VNA ...
Tags: Ardagh Group, Anchor Glass plants
European coatings companies have been hoping that this year would bring a revival in their domestic markets as the European Union economies, particularly those in the eurozone, started to show signs of recovery around mid-2013. But the ...
Tags: Construction, Decoration, Coating