Two investment funds KKR and CVC Capital Partners have emerged as top bidders for Pivovarna Lasko, a Slovenian brewery. Three other bidders - Mid Europa Partners, Bain Capital and Dutch brewer Heineken - were urged to submit improvised ...
Pivovarna Lasko, a leading brewer in Slovenia, has secured five binding bids in a sale that iis likely to be completed by June end. Though the names of the bidders have not been announced officially, local media reports say that Dutch ...
Tags: Pivovarna Lasko, bids, Food
Heineken has expressed interest in acquiring Slovenian brewer Pivovarna Lasko, in a deal that would allow the Dutch brewing company to enter into Slovenia where it is not currently present. Lasko is up for sale since last year and ...
Campbell Soup Company today reported its fourth-quarter and full-year results for fiscal 2014. The company reported earnings from continuing operations for the quarter ended Aug. 3, 2014, of $137 million, or $0.43 per share, compared with ...
Tags: Agriculture, Food
South Korea's Hyundai Green Food has pulled out of negotiations to acquire kimchi refrigerator maker WiniaMando. The company, which operates as a food service company, said in a regulatory filing that the decision to pull out of the talks ...
Tags: Hyundai, Green Food, kimchi refrigerator
The board of Spanish olive oil bottler Deoleo has agreed to takeover offer made by UK private investor CVC Capital Partners. CVC would initially buy 29.99% stake from Spanish banks, valuing the company at €438.8m. As part of the ...
Tags: CVC Capital, Deoleo Board
UK-based life insurance group Resolution is, reportedly, negotiating with prospective buyers to divest its Luxembourg-based Lombard division, which markets tax-efficient insurance products to high net-worth individuals. The business that ...
Tags: Life Group, Insurance Business
Campbell Soup Company today reported its results for the first quarter of fiscal 2014. Denise Morrison, Campbell's President and Chief Executive Officer, said, "I'm disappointed in Campbell's first-quarter performance. We are confident in ...
Tags: Campbell, First-Quarter Results
Campbell Soup has completed the sale of its European simple meals business to a UK private equity firm CVC Capital Partners (CVC) for €400m. The sale includes Campbell's national brands of soups, sauces and simple meals, including ...
Tags: Campbell Soup, Food
Campbell Soup has agreed to sell European simple meals business to UK private equity firm CVC Capital Partners (CVC). The €400m deal includes Campbell's national brands of soups, sauces and simple meals, including Liebig and Royco in ...
Tags: Campbell Soup, simple meals
Swiss food giant Nestlé is considering options to divest its PowerBar energy bars brand, as it is facing stiffened competition from other brands. The sale could fetch millions of dollars to Nestlé, reported Reuters citing ...
Tags: Energy Bars, Food
US-based Campbell Soup has announced that it is in final and exclusive negotiations for the potential divestment of its business in Europe to CVC Capital Partners (CVC), a leading UK-based private equity firm. Campbell Europe, ...
Tags: Campbell Soup, European Operations
Private equity company CVC Capital Partners (CVC) is engaged in discussions with the Advent International in the US, to acquire British home appliance insurer Domestic & General. Sources familiar with the development were quoted by ...
Tags: Insurer, CVC Capital Partners
Japan-based underwriter Meiji Yasuda Life Insurance is engaged in advance negotiations to acquire a 15% stake in Thai Life Insurance, for nearly $700m. People familiar with the matter were quoted by Reuters as saying that the proposed ...
Tags: Service, Insurance, Life Insurance
Fairfax Financial Holdings has completed sale of its stake in Florida-based insurance firm Cunningham Lindsey for proceeds of nearly $270m. The acquisition follows an agreement signed between Luxembourg-based CVC Capital Partners and ...
Tags: Fairfax Financial Holdings, Cunningham Lindsey, insurance, stake