Sonoco has signed a definitive agreement to acquire Weidenhammer Packaging Group, Europe's leading provider of composite cans along with composite drums and rigid plastic containers, for AU$443 million, in cash. [The final consideration is ...
Covidien described its new Puritan Bennett 980 ventilator as “simple, safe, and smart” when it won regulatory approval in the U.S. and Europe in early 2014. But half a year later, it is now the subject of a Class I-level recall ...
For its fiscal second-quarter 2015 (to 27 September 2014), RF Micro Devices Inc of Greensboro, NC, USA has reported record revenue of $362.7m, up 14.7% on $316.3m last quarter and 16.7% on $310.7m a year ago. Fiscal Q2/2014 Q3/2014 ...
Tags: RFMD, RF Micro Devices
For third-quarter 2014, RF front-end component maker and foundry services provider TriQuint Semiconductor Inc of Hillsboro, OR, USA has reported record revenue of $272.1m, up 18% on $230.8m last quarter and up 8% on $250.8m a year ago. This ...
Fonterra has officially opened its NZ$126 million UHT greenfield plant in Waitoa, New Zealand. The plant features state-of-the-art Tetra Pak processing and packaging equipment which will produce a range of products including UHT white milk ...
Tags: Tetra Pak, UHT Production
Banana producer Chiquita Brands International shareholders have voted against a merger deal with Irish rival c. Post this development, Chiquita will now enter talks with Brazil's Cutrale and Safra following an offer of $14.50 a share. The ...
Brazilian juice maker Cutrale and investment firm Safra Group have agreed to acquire American banana producer Chiquita Brands International, in a $680m deal. A definitive merger agreement to this effect was signed between Cutrale-Safra ...
Tags: Chiquita Brands International, Acquire, Food
Dominican steelmakers Industrias Nacionales (Inca) and Metaldom completed their merger, the companies said Wednesday, and will now be known as Gerdau Metaldom. According to Gerdau, which controls 79.97 percent of Inca, "the first ...
Tags: steelmakers, Mineral
Nigerian Breweries has secured Securities and Exchange Commission approval for its previously announced merger with Consolidated Breweries. Both the companies are majority owned subsidiaries of Dutch brewing company Heineken. Heineken ...
Tags: malt drinks
Peregrine Semiconductor Corp ( PSMI ), said Friday the Japan Fair Trade Commission granted clearance of its proposed $465 million merger with Murata Electronics North America Inc. The approval is subject to a 30-day waiting period set to ...
Tags: Fair Trade Commission, Merger, Electronics
Fiat CEO Sergio Marchionne is planning to step down at the end of 2018 after completing five-year turnaround plan for the new Fiat Chrysler Automobiles NV, reported The Detroit News. The merger has been in works for a long time, and back ...
Tags: Fiat, CEO, Auto Parts
In welcoming industry efforts to develop a code of conduct to address unfair practices in the grocery sector, the Australian Competition and Consumer Commission has called for issues around enforceability and coverage to be addressed before ...
Tags: grocery sector, Service
Lone Star Transportation has announced its merger with Texas based open-deck transportation carrier company, Daseke. Lone Star specialises in transporting heavy shipments and is also known for transporting wind turbine components in North ...
Tags: Daseke, Acquisition, Accessories
Exceed Company Ltd., owner of China's Xidelong athletic brand, said it is negotiating with its Chairman and CE0 Shuipan Lin to again extend the deadline for him to close on his proposed acquisition of the company following news that he had ...
Tags: Exceed Company, CE0, Recreation
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 ...