Vestis Retail Group, LLC and its wholly owned subsidiary, Everest Merger Sub have completed a cash tender offer, for all outstanding Class A and Class B shares of NASDAQ listed Sport Chalet, Inc. Vestis said, the transaction was completed ...
Tags: Vestis Retail, Sport Chalet, Apparel
Stuart Jones welcomes the arrival of Nicholas Akhurst to its team. He will be based at the company's West Sussex factory where it has been manufacturing for over 30 years. This follows the previous appointment of MD Alan Bennett who has led ...
Tags: Stuart Jones, Furniture, Furnishing
For the first half of 2014, Thailand-based PTT Global Chemical Company has announced a dividend of Baht 1.37 per share to existing shareholders. The dividend payout amounts to Baht 6,191 million or 50 percent of the net profits for the ...
US-based banana firm Chiquita Brands International has rejected a take-over bid of $611m from Brazilian firms Cutrale and Safra groups, saying that the deal is not in the best interest of its shareholders. Earlier this week, juice maker ...
Tags: Chiquita, Bid, Agriculture
The majority shareholder of the Spanish company IASA (owner of the brands ASTORE and TERNUA) has acquired Lorpen, a company based in Navarra, Spain. Lorpen is dedicated to the design, manufacture and marketing of technical socks for ...
Tags: IASA, Lorpen, Sporting Goods
Tabar, Inc., a private label technical sport glove design and production firm which has built handwear for the outdoor and sports markets for more than 32 years, is merging with Fownes Brothers & Co., Inc., a 236-year-old company in the ...
Tags: Tabar, Fownes Brothers&Co, Sporting Goods
Alliant Techsystems Inc. filed a registration statement Wednesday with the Securities and Exchange Commission to spin off its hunting and shooting sports business to shareholders as a new stock trading under the name Vista Outdoor Inc. ...
Tags: Alliant Techsystems, registration statement, Sporting Goods
Like the kid on the playground who watches others hop on and off the spinning merry-go-round, Boston Scientific says it will sit out the current whirl of medtech mergers. Following last week’s second-quarter earnings report, ...
CR Bard execs know they have a gorilla of a competitor in the proposed $43 billion Medtronic acquisition of Covidien, particularly in the vascular business. They aren’t predicting the effects of that business combination on Bard, ...
Tags: CR Bard Eyes, Health, Medicine
US-based Chiquita Brands International has confirmed that it has received an unsolicited offer from Cutrale Group and Safra Group to acquire all of the outstanding common stock of the company at a price of $13 per share in cash. The offer ...
Dollar Tree, a US based retailer of discount variety stores selling everything for $1 or less entered into a definitive merger agreement with Family Dollar Stores also a discount retailer offering name brands and quality, private brand ...
Tags: Dollar Tree, Family Dollar Stores, Apparel
Arvind Limited, one of the largest integrated textile and branded apparel players has recorded strong growth in consolidated revenue and net profits in the first quarter for fiscal year ending June 30, 2014 which grew by 19% and net profits ...
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
UK-based food service company TICCO Foods has merged with Bindi GB, a supplier of premium, authentic Italian desserts and gelato. With this merger, both brands will be benefited in terms of streamlining work processes, stock ...
Tags: TICCO Foods, desserts, gelato
US-based electric vehicle manufacturer VIA Motors has acquired an electric vehicle design, engineering and prototyping company, the Prodigy Engineering for an undisclosed sum. The transaction will provide the manufacturer with ...
Tags: VIA Motors, electric vehicle, Auto Parts