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Nestle Agrees to Pay $7.15bn to Sell Starbucks Products

May 10, 2018

Nestlé has agreed to acquire rights to market Starbucks consumer and foodservice products globally, outside of the latter’s coffee shops. This transaction provides Nestlé with a strong platform for continued growth in ...

Tags: Nestle, Starbucks Products

Hortifrut to Acquire Talsa's Blueberry Business

Oct 9, 2017

Chilean fruit producer Hortifrut has agreed to take over the blueberry business of Talsa for $160m. In addition to the cash payment, Talsa will get a stake of 17.13% in the merged company alongside a result-based reward. Talsa, a ...

Tags: Hortifrut, Blueberry

DS Smith Proposes to Buy Interstate Resources for $920m

Jul 5, 2017

UK-based corrugated cardboard maker DS Smith has signed a conditional agreement to acquire a majority stake in US packaging firm Interstate Resources from Merpas for $920m. DS Smith and its US subsidiary DS Smith Holdings have signed the ...

Tags: corrugated cardboard, packaging

ExxonMobil to Acquire InterOil in Transaction Worth More Than $2.5 Billion

Sep 28, 2016

ExxonMobil to pay $45 per share plus additional cash payment based on Elk-Antelope resource size Boards of directors of both companies unanimously approve terms of agreement Acquisition adds to ExxonMobil resources in successful ...

Tags: ExxonMobil, InterOil, transaction

Oclaro Eliminates $65m Convertible Debt

Aug 26, 2016

Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) says that it has completed the exchanges for all $65m of its 6% convertible senior notes due 2020. Between 8 and 18 August, ...

Tags: Oclaro, revenue, convertible debt

US Judge Grants Preliminary Approval to Volkswagen Emissions Settlement

Aug 3, 2016

A senior US District Court judge for the Northern District of California has granted preliminary approval to a $15bn settlement over Volkswagen's emissions cheating scandal. Judge Charles Breyer granted preliminary approval of the ...

Tags: Volkswagen, vehicles, TDI engine

Europe Shows Wide Diversity in Terms of Payment Methods Used in Online Shopping

Dec 1, 2014

Europe, the world’s third largest region by B2C e-commerce sales, shows wide diversity in terms of payment methods used in online shopping, according to a report by Hamburg-based secondary research organization yStats.com. While ...

Tags: Payment Methods, E-Commerce, Apparel

Exceed Company Negotiating with Its Chairman and CE0 Shuipan Lin

Sep 25, 2014

Exceed Company Ltd., owner of China's Xidelong athletic brand, said it is negotiating with its Chairman and CE0 Shuipan Lin to again extend the deadline for him to close on his proposed acquisition of the company following news that he had ...

Tags: Exceed Company, CE0, Recreation

Wet Seal Will Raise $18.5 Million by Selling Shares of Its Class a Common Stock

Sep 5, 2014

Womenswear specialty retailer - The Wet Seal will raise $18.5 million by selling shares of its Class A common stock to a limited number of institutional investors in a private placement. Wet Seal said it has entered into a securities ...

Tags: Womenswear, Wet Seal, Apparel

Victoria PLC Declares Special Dividend of £2.92/Share

Jun 24, 2014

Victoria PLC, the international designers, manufacturers and distributors of innovative floorcoverings, announces, subject to shareholder approval, a proposed special dividend of £2.92 per Existing Ordinary Share ("Special Dividend"). ...

Tags: floorcoverings, Victoria PLC

Retailers Make It Easier and More Convenient to Shop and Pay

Jun 3, 2014

Customers are using less cash than ever as retailers make it easier and more convenient to shop and pay. New data reveals that a growing proportion of smaller payments previously made in cash are now being made in other ways. The ...

Tags: Cash, smaller payments

Domestic Iron Ore Concentrate Prices in Hebei Province Have Declined by an Average 5.7%

May 21, 2014

Domestic iron ore concentrate prices in north China's Hebei province have declined further by an average 5.7% or Yuan 55/dmt ($11) over the week, in response to both lower domestic steel prices as well as weakening imported iron ore prices, ...

Tags: Iron Ore, Concentrate Prices

Skyworks Announced The Creation of a Joint Venture with Japan's Panasonic Corp

Apr 30, 2014

Analog semiconductor maker Skyworks Solutions Inc of Woburn, MA, USA has announced the creation of a joint venture with Japan's Panasonic Corp, one of the world's largest electronic product manufacturers, to design, develop and deliver ...

Tags: semiconductor, Electrical, Electronics, Filters

Dixie Group Has Completed The Previously Announced Acquisition of Atlas Carpet Mills

Apr 10, 2014

The Dixie Group has completed the previously announced acquisition of Atlas Carpet Mills, a manufacturer and marketer of commercial floorcovering products located in Los Angeles. The acquisition was completed for an aggregate purchase ...

Tags: Dixie Group, Atlas Carpet Mills

Leasing Land Is Common. Why Not Cattle?

Dec 27, 2013

Because of its capital requirements, ranching isn't always the easiest business for younger men and women looking to run their own cattle. However, you can lease farmland, machinery, and other big-ticket pieces of a crop farm -- why not ...

Tags: Agriculture, Cows

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