Spice manufacturer McCormick & Company has dropped its plan to make further acquisition bid for Premier Foods. The announcement follows three proposals by McCormick for Premier Foods, which were rejected by the latter citing ...
Tags: McCormick, Premier Foods, Acquisition
Calida Holding AG has reached an agreement to acquire another 11.63 percent chunk of Lafuma, the French company that owns the Millet, Eider and Lafuma outdoor brands the Oxbow surf brands. The Swiss apparel company said it expected to ...
Tags: Calida, Lafuma, Acquisition
Airwheel, a US based, personal mobility and self-balancing scooter maker announced that it is entering into Artificial Intelligence and robotics business. The company recently launched Airwheel S9, a self-balancing wheeled service robot ...
McCormick & Company has revised its offer for Premier Foods to 65 pence in cash per each share of Premier Foods, valuing the latter at £1.5bn, and making its third approach to acquire the business. The revised offer follows two ...
Tags: McCormick, Premier Foods, Revised Bid
Premier Foods has rejected the third offer from US-based spice manufacturer McCormick & Company, which had offered 65p per share of Premier Foods. Mr Kipling cakes maker said the proposal continued to undervalue Premier and its future ...
Tags: Premier Foods, McCormick&Company, Bid Offer
The supermarket will now set about its mission to create a ' ulti-product, multi-channel' retailer with around 200 stores. Sainsbury’s has won the four-month battle to buy Argos after the Home Retail Group’s owner agreed to a ...
Tags: Argos, Home Retail, Sainsbury's
Lock-up shares worth nearly 9 billion yuan (1.4 billion U.S. dollars) will become eligible for trade on China's stock markets in the coming trading week. The mainland's Shanghai and Shenzhen stock markets are closed on Monday for the ...
Tags: Lock-up shares, stock markets
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
Iconix Brand Group Inc. reported a loss of $263 million, or $5.44 a share, after charges of $402.4 million to writeoff the company's trademarks and goodwill. Over 90 percent of the impairment is related to the company's men's business ...
VF Corp. announced that it is exploring strategic alternatives for its Licensed Sports Group (LSG) business, a division of VF’s Imagewear coalition. “As active portfolio managers, we constantly assess the composition of our ...
Tags: VF Corp., LSG, business, Strategic Alternatives
The Finish Line Inc. reported earnings for the fourth quarter before non-recurring items fell 11.6 percent to $36.5 million, or 83 cents a share. Earnings came in at the high end of its guidance calling for earnings between 78 and 83 cents ...
Tags: Non-adjustments, Q4 Profits, Finish Line
Next reports a "solid" performance over its last financial year to January 2016, with Directory (online and catalogue) sales up 8% and Retail 1%. Total group sales rose by 3% to £4.1b. Despite this, growth was lower than predicted. ...
Tags: Next, Performance, Sales
UK-based food manufacturer Premier Foods has rejected a bid offer worth a £495m from US-based food giant McCormick. The company has rejected the offer saying that the offer from McCormick significantly undervalued Premier Foods ...
Tags: Premier Foods, McCormick, Bid Offer
Sainsbury's has confirmed that it will proceed with its offer for Home Retail Group (HRG), owner of Argos, and is "pleased" by last Friday's turn of events, which saw rival bidder Steinhoff international abandon pursuit in favour of ...
Tags: Sainsbury's, HRG, Argos
Helen of Troy Limited, designer of consumer brand-name housewares, health and home, nutritional supplement and beauty products, closed its previously-announced acquisition of Steel Technology, LLC., which does business under the brand name ...
Tags: Helen Of Troy, Aquisition, Steel Technology, LLC, Hydro Flask