Australian food manufacturing firm Patties Foods has accepted a $232m acquisition bid made by a private equity firm. Earlier this week, the company said it was approached by Pacific Equity Partners (PEP) with a takeover offer of $1.65 per ...
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
Cooke Seafood Group has initiated an offer to acquire Uruguayan seafood company Fripur S.A. Cooke's exclusive investment banking advisor for the deal is Antarctica Advisors. The acquisition offer was in line with the Court's ...
Tags: Cooke Seafood Group, Fripur S.A., Food
Broadband wireless and wireline communications component maker Anadigics Inc of Warren, NJ, USA says that its board of directors, after consultation with its financial and legal advisors, has unanimously determined that an offer from a ...
Infinera Corp of Sunnyvale, CA, USA, a vertically integrated manufacturer of digital optical transport networking systems incorporating its own indium phosphide-based photonic integrated circuits (PICs), says the public offer that it ...
Tags: integrated circuits, PICs
Swiss agribusiness Syngenta has rejected $45bn acquisition offer from global seed technology major Monsanto for the second time citing unfavorable terms for shareholders. If the proposed deal advances, an industry leader with combined ...
Tags: Syngenta, agribusiness
French dairy producer Lactalis International has offered to buy the Egypt-based dairy firm Arab Dairy for LE66 ($9.20) per share. This new offer marks the highest price for share compared to the other potential buyers including Saudi ...
Tags: Arab Dairy, Acquisition Offer, Agriculture
Dell's special committee has advised company founder, and prospective new owner, Michael Dell, to raise his acquisition offer following an improved counter-offer by rival Carl Icahn and his associate investors. The independent committee, ...
Sprint Nextel said it had received permission from SoftBank to negotiate a rival acquisition offer from Dish Network. The board of Sprint Nextel has the right to terminate its existing merger agreement with SoftBank, subject to certain ...
Cisco revealed yesterday it intends to acquire Meraki, a vendor of technology for cloud based management of wireless LAN, security appliances, and mobile devices for US$1.2 billion in cash and retention-based incentives. The acquisition ...
Tags: wireless LAN, Cisco, mobile devices, managed networks
Specialty chemicals manufacturer BASF has offered to acquire Pronova BioPharma, which manufactures omega-3 fatty acids. As part of the acquisition plan, BASF has signed an agreement with Pronova to suggest voluntary public takeover offer ...
IDG News Service-Cisco said Sunday it intends to acquire Meraki,a vendor of technology for cloud based management of wireless LAN,security appliances,and mobile devices for US$1.2 billion in cash and retention-based incentives. The ...
Tags: Cisco, acquire Meraki, wireless LAN, San Francisco