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
Samsung Pay has joined the ultra-competitive mobile payment market in China. Towards the end of 2015, Samsung revealed that it was bringing Samsung Pay to China in early 2016. This followed closely on the heels of a similar announcement ...
Tags: Samsung Pay, Apple pay
Private investment firm Clearlake Capital Group has completed the acquisition of snacks company That’s How We Roll (THWR) for an undisclosed sum. The acquisition of the Mrs. Thinsters and Dippin' Chips brands owner was completed ...
Tags: Clearlake Capital, Aquisition, Snacks, THWR
Acquisitions are an almost weekly occurrence in Silicon Valley, but Apple’s next scoop could be closer to home. Apple is said to be in “advanced talks” to buy Imagination Technologies, a UK-based chip design firm partly ...
Coles has been a focus of the TWU’s road transport campaign promoting ‘Safe Rates’. The Transport Workers’ Union has lodged an application at the road safety watchdog to force major retailers to pay transport ...
Tags: TWU, Coles, Safe Rates, Retail front
Austrian packaging firm Alpla Group has agreed to acquire a majority stake in Egypt-based Taba Group to expand operations in Africa and the Middle East. Both firms have signed a partnership agreement to form a joint venture, which will ...
Tags: Alpla, Taba Group, Aquisition
Machine vision uses machines to measure and judge instead of human eyes. Typical machine vision systems can be divided into PCB machine vision system and embedded machine vision system (smart cameras). In 2015, the global machine vision ...
Pershing Square, a hedge fund run by investor Bill Ackman, has sold 20 million shares of US-based confectionery giant Mondelez International. Following the sale, the investor now owns only a 5.6% of the confectionery company. In a ...
Tags: Pershing Square, Bill Ackman, Mondelez
International Paper has signed an agreement to purchase newsprint mill in Madrid, Spain, from Swedish company Holmen Paper, for €150m. As per the deal, International Paper will acquire the Madrid newsprint Mill, as well as ...
Gimv has announced that its Belgain company Punch Powertrain has been 100% acquired by Chiense Yinyi group. The valuation agreed upon in the context of this transaction indicates that the contemplated sale could have a positive impact of ...
Tags: Gimv, Yinyi group, Punch Powertrain, Aquisition
Kiefel, the German manufacturer of thermoforming machines and a unit of Brückner Group, has announced to acquire 100% stake in Mould & Matic Solutions, an Austrian supplier of tools and of automation solutions to the packaging ...
Tags: Kiefel, Mould&Matic, Haidlmair Group
US-based yogurt maker Chobani is planning to enter the beverages segment with Drink Chobani line, after it turned down acquisition offer from PepsiCo. With this new drink range, which will be a blend of fruits with its trademark Greek ...
Tags: Chobani, Aquisition, Beverage segment
Whole foods snacks manufacturer Dang Foods has received investment from Sonoma Brands, a food and beverage products incubator and venture fund. Under the terms of the deal, Sonoma Brands will take a minority stake in Dang Foods, while ...
Tags: Dang Foods, snacks
Anheuser-Busch InBev (AB InBev) has agreed to sell SABMiller’s Chinese beer business to China Resources Beer Holdings for $1.6bn, in an effort to gain regulatory approval for its pending acquisition of SABMiller. The Chinese ...
Tags: AB In Bev, SABMiller, China Resources, Chinese Beer
PPG, in connection with LKQ Corporation’s announcement of its definitive agreement to purchase Pittsburgh Glass Works (PGW), said it will divest its approximately 40% interest in PGW. LKQ announced that it expects the transaction to ...
Tags: PPG, PGW, LKQ, Automotive glass business, Stake