A subsidiary of Flagship Food Group has acquired various assets of Glutenfreeda Foods, including its brand portfolio and its USDA manufacturing facility near Seattle, Washington. Terms of the transaction were not disclosed, but Flagship ...
Tags: Glutenfreeda Foods, Flagship Food
Samsung Pay, the South Korean firm's in-house Apple Pay and Android Pay rival, has finally landed in Blighty. Here's what you need to know about using Samsung Pay in the UK. You might have forgotten about Samsung Pay, particularly if you ...
Tags: Samsung Pay, Samsung
Thailand's Charoen Pokphand Foods (CPF) has entered into an agreement to buy US-based frozen food manufacturer Bellisio Foods for $1.08bn. Headquartered in Minneapolis, Bellisio is a portfolio company of private equity firm Centre ...
Tags: Frozen Food, Bellisio Foods
Tequila giant Jose Cuervo has filed for an initial public offering (IPO) on the Mexico stock exchange, with plans to raise about $1bn. The company revealed that the stock sale will be handled on its behalf by the local units of Morgan ...
Tags: Jose Cuervo, IPO, Mexico stock exchange
US based auto parts maker LKQ has entered into an agreement to acquire Rhiag-Inter Auto Parts for €1.04bn to expand its presence in European market. Rhiag-Inter Auto Parts is pan-European business-to-business distributor of ...
Tags: LKQ, Rhiag-Inter Auto Parts, Auto
Fiat Chrysler Automobiles (FCA) is expecting a drop of its net industrial debt by €715m if the Ferrari unit is spun off by the company. Reuters cited FCA's previous filing with the US market regulator SEC stating that it would ...
Tags: industrial debt, Ferrari, Auto
One Equity Partners (OEP) will go ahead with the sale of Austrian flexible packaging company Constantia Flexibles after it failed to list the company on the stock exchange. JP Morgan owns 50% of OEP and has received expressions of ...
Tags: One Equity Partners, packaging company Constantia, Agriculture
An agreement has been reached to create the world’s third largest quick service restaurant company, merging North American-based beverages and baked goods restaurant Tim Hortons Inc. (Tim Hortons) with global burger restaurant Burger ...
Tags: Burger King, Tim Hortons, fast food
Billabong International Limited said it had entered into binding documentation to sell its 51 percent stake in SurfStitch and its 100 percent ownership of Swell to a consortium of investors including SurfStitch founders Justin Cameron and ...
Tags: Billabong, SurfStitch, Sporting Goods
Dubai International Capital (DIC) has signed a $1.7bn (£1bn) agreement for the sale of Germany-based packaging group Mauser to private equity firm Clayton Dubilier & Rice (CD&R) Mauser, global producer of rigid industrial packaging ...
The global aluminum market is moving into its first annual deficit in six years as producers look to restructure in response to continued low prices, JP Morgan said in a research note Tuesday. "We expect the global aluminum market will ...
Tags: Aluminum, aluminum market
The volume of US natural gas traded during bidweek is poised for its fourth straight year-on-year decline as banks and other large players pull back from the monthly baseload market, according to a Platts examination of ...
Tags: Natural Gas, physical deals
Brazil's JBS plans to raise BRL3bn ($1.36bn) through initial public offering (IPO) of its poultry and processed food division. The company has appointed five investment banks, including Banco Itaú BBA, Banco Santander, BTG Pactual ...
Tags: Brazil's JBS, Food Unit, IPO
Bauer Performance Sports Ltd. entered into a definitive agreement to acquire the Easton Baseball/Softball business for US $330 million in an all-cash transaction, subject to a working capital adjustment. Easton-Bell Sports also indicated ...
Cardio3 BioSciences (C3BS) (NYSE Euronext Brussels and Paris: CARD), a leader in the discovery and development of regenerative, protective and reconstructive therapies for the treatment of cardiac diseases, announces its participation in ...