Pacific Sunwear of California, Inc. entered into a restructuring support agreement (RSA) with affiliates of Golden Gate Capital, the holder of its secured term loan provider under the company's financing facilities. In conjunction with the ...
Tags: Pacific Sunwear, RSA, Golden Gate Capital, Bankruptcy
HanesBrands has agreed to acquire the privately held Italian company Champion Europe, which owns the trademark for the Champion brand in Europe, the Middle East and Africa, in an all-cash transaction. The purchase price will be 10 times ...
Tags: Champion Europe, Hanesbrands, EBITDA
Worldwide IT spending is forecast to total US$3.49 trillion in 2016, a decline of 0.5% over 2015 spending of US$3.5 trillion, according to Gartner. This is down from last quarter's forecast of 0.5% growth. The change in the forecast is ...
Tags: device market, printers
LEDucation celebrated its tenth anniversary event with a record-breaking attendance of over 4,200 attendees from across the globe and more than 300+ exhibits. The annual event kicked off on Tuesday morning with a special presentation to the ...
Tags: LEDucation, SSL Technology, Burt Grant, Peggy Meehan, Bob Nadel
US-based private equity firm Castanea Partners has invested undisclosed sum in Jeni's Splendid Ice Creams, a retailer and wholesaler of branded artisanal ice creams. This investment makes Castanea Partners, the sole outside investor in ...
Tags: Castanea Partners, Investment, Jeni's Splendid Ice Creams, Ice cream
Soup maker Tio Gazpacho has completed a $1.25m Series A funding round from investors led by 301 Inc, which is a General Mills’ venture capital arm. The Series A round also included investments from other private investors in ...
Tags: Tio Gazpacho, General Mill, Series A
Fresh produce company Fyffes has acquired Canadian mushroom producer Highline Produce for CAD$145m (€98m), including refinancing Highline’s existing debt. Fyffes will fund the acquisition through new and existing bank debt. ...
Tags: Fyffes, Acquisition, Highline Produce, Mushroom Producer
Middle East Food Solution Company (MEFSCO), a joint venture between Arabian Agricultural Services Company (Arasco) and Cargill, is planning to set up a plant to produce fructose, glucose and starch products in Saudi Arabia. In this ...
The European Bank for Reconstruction and Development (EBRD) has agreed to make $100m equity investment in Egypt-based United Sugar Company (USC), which is also a subsidiary of Savola Group, to strengthen the agribusiness sector in the ...
Tags: EBRD, Investment, USC, United Sugar Company, Savola Group
With rave reviews, the Galaxy S7 looks sure to be one of this year’s most popular handsets. Samsung is said to have shipped nearly 10 million Galaxy S7 and S7 Edge phones in the first quarter of 2016. That’s according to ...
Tags: Samsung Galaxy S7, Samsung, Samsung sales
American flavor company McCormick may increase the bid price for UK based Premier Foods after its £494m offer was rejected twice earlier. Premier Foods, which owns Mr Kipling cakes and Bisto gravy was offered 60 pence per share ...
Tags: McCormick May, Premier Foods
A new smart wine bottle with the ability to keep drinkers’ favourite reds and whites fresh for 30 days, while educating them on key characteristics and pairing options, will go on sale later this year. The Kuvée Bottle, which ...
Tags: KuvéE Bottle, Wine, Instant Re-Ordering
CVD Equipment Corp of Central Islip, NY, USA (a designer and maker of chemical vapor deposition, gas control, and other equipment for developing and manufacturing materials and coatings) has announced the next phase in its industrial ...
Further details on Aldi’s expansion into Western Australia show things are running on time. While Woolworths supermarkets group announced the ditching of the Homebrand private label, analysts say the decision is an attempt to ...
Tags: Aldi's, Supermarkets
Oregon-based Deschutes Brewery is planning to invest $85m to set up Eastern US brewery in the City of Roanoke, Virginia. The facility which has been named Brew 4, as it follows original Bend, Oregon public house (Brew 1), the brewery's ...
Tags: Deschutes Brewery, Investment, New Facility