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
US-based Yum! Brands has entered into an agreement with Primavera Capital and Ant Financial Services to invest a total of $460m in Yum China. While Primavera Capital is a China-based global private equity firm, Ant Financial is an online ...
Hindustan Unilever Ltd (HUL) has decided to divide its food and refreshments business into two separate businesses. India's largest consumer goods firm said that the change is in alignment with the category structure of Unilever globally. ...
Lipton is now selling a range of green teas which are blended to remove any bitter aftertaste. ‘Lipton Delicately Fresh Green Tea’ was developed after consumer research revealed Australian consumers often avoid green tea ...
Tags: Lipton, Green teas, Bitter Aftertaste
Amcor will discuss its approach to sustainability and highlight a broad range of innovative packaging solutions at the SustPack 2016 conference planned to be held from 11-13 April at McCormick Place in Chicago. Under its theme of ...
Tags: Amcor, innovative packaging, SustPack
European bottler of soft drinks and fruit juices, Refresco Gerber has signed an agreement to acquire the bottling facility in Hamburg, Germany from food and beverage company PepsiCo in a bid to strengthen its co-bottling activities. The ...
Tags: Refresco Gerber, soft drinks, fruit juices
Amcor was recognised in the 2016 WorldStar Awards for solutions which extend shelf life and reduce the environmental footprint of packaging. One of the winning entries was Dessiflex, a desiccant impregnated film used for medical and ...
Twinings have introduced a new English Breakfast tea range to Australia. The tea producer says its new range will now include extra strong, decaffeinated and honey vanilla options alongside its pre-existing traditional English Breakfast ...
Tags: Twinings, Breakfast Tea
China has adopted International Monetary Fund rules aimed at helping to improve the transparency, reliability and international comparability of the country's statistics. The move, announced on Thursday, is being viewed by Beijing-based ...
Tags: IMF, Economic Statistics
US retailer and NASDAQ listed Dollar Tree, Inc said it has completed the acquisition of Family Dollar Stores, Inc., also a retailer offering name brands and quality, private brand merchandise. The combined entity will have sales exceeding ...
Tags: Dollar Tree
Johnson Controls, announced today that it is exploring strategic options for the separation of its automotive business. Alex Molinaroli, chairman and chief executive officer, Johnson Controls said: "Today's announcement continues our ...
Tags: Automotive Business, Johnson
Two billion people use a Unilever product on any given day. Last year, Unilever spent $7.6 billion on brand and marketing activities. For a long time now, Unilever has been promoting its socially responsible side beneath the sound of its ...
Tags: Unilever product, packaging
About 85% of global tea production is sold by multinationals. And three multinationals control one fifth of the global tea market – Unilever which owns Brooke Bond (UK) and Lipton (worldwide) with 12%, Tata Global Beverages which owns ...
Tags: tea production, tea market, Packaging
America’s top sustainability radio show, “Green is Good,” has announced a roster of high-profile global brands and leading environmental experts as part of its scheduled lineup of guests for the fourth quarter of 2014. ...
Tags: "Green Is Good", Roster, Accessories
Columbia Sportswear Company, a leading innovator in the global outdoor apparel, footwear, accessories and equipment industries, announced that it has signed a definitive agreement to acquire all controlling interests in prAna Living LLC ...
Tags: Columbia, Sportswear, Apparel Brand