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Tesco to Sell Euphorium Bakery Business to Focus on Core Business

Aug 31, 2016

British grocery chain Tesco has announced that it will offload its Euphorium bakery chain to refocus on core supermarket business. The move is in line with a strategy initiated by its chief executive Dave Lewis to revive the ...

Tags: Tesco, Euphorium bakery chain

Arbitration Tribunal Rejects SEI's Claims, Awarding Legal Fees of $2.5m to Emcore

Apr 15, 2016

Emcore Corp of Alhambra, CA, USA – which provides indium phosphide (InP)-based optical chips, components, subsystems and systems for the broadband and specialty fiber-optics markets – says that it has received a favorable ruling ...

Tags: Emcore Sumitomo Electric

PPG To Sell Minority Stake In Automotive Glass Business

Mar 8, 2016

PPG, in connection with LKQ Corporation’s announcement of its definitive agreement to purchase Pittsburgh Glass Works (PGW), said it will divest its approximately 40% interest in PGW. LKQ announced that it expects the transaction to ...

Tags: PPG, PGW, LKQ, Automotive glass business, Stake

Sappi Completes Sale of Cape Kraft Mill in South Africa

Nov 26, 2015

Wood pulp and paper maker Sappi has completed the sale of its Cape Kraft Mill in Cape Town, South Africa to the Golden Era Group. The move comes on the heels of Enstra Mill's sale earlier this month. The sale of Cape Kraft Mill and ...

Tags: Sappi, Cape Kraft Mill, paper

Sotheby's Tempts Collectors of Ancient Chinese Art Again

Oct 29, 2015

Buyers of ancient Chinese art will reappear in Sotheby's salesroom in Hong Kong next month. The last time Sotheby's auctioned classical ink art in the city was some 15 years ago. More than 50 lots of ink paintings and works of ...

Tags: ink art, auction, Ancient Chinese Art

Carlsberg to Divest The Former Tetley Brewery Site in UK

Jun 19, 2015

Carlsberg Group is reportedly planning to divest the former Tetley Brewery site in Leeds, West Yorkshire, UK, for £35m. "We hope to be able to announce the successful purchaser prior to the end of 2015." The company, till date, ...

Tags: Carlsberg, Tetley Brewery

Art This Year Became Something Everyone Talks About

Dec 23, 2014

Art this year, became something everyone talks about, not just highbrows any more. From the chicken cup to Van Gogh's painting, rich Chinese rich are showing a robust purchasing power on the art market at home and abroad. Let's have a ...

Tags: Arts, tea cup

Vape a Vet Has Been Receiving Quite a Lot of Support From Various Organizations

Nov 25, 2014

Vape A Vet is a project that has been receiving quite a lot of support from various organizations in the electronic cigarette community such as the American Vaping Association. The project aims to help the veterans as well as their families ...

Tags: electronic cigarette community, Consumer

Premium Brands Announces Revenue for Q314 Increased by 15.2% to $330.4 Million

Nov 18, 2014

Premium Brands, a producer, marketer and distributor of branded specialty food products, announced its results for the third quarter of 2014. * Revenue for the quarter increased by 15.2% to $330.4 million as compared to $287.0 million for ...

Tags: Premium Brands, Adjusted EBITDA, Agriculture

SIG Was Acquired by New Zealand-Based Businessman Graeme Hart for $2.3bn in 2007

Nov 11, 2014

Three buyout groups - BC Partners, Onex and Partners Group - will bid for Switzerland-based carton manufacturer SIG Combibloc which is owned by New Zealand’s Reynolds. SIG was acquired by New Zealand-based businessman Graeme Hart ...

Tags: SIG Combibloc, aseptic carton packaging, Agriculture

A Diamond Weighing 101.36 Carats Sold for $5 Million During Christie's Auction

Oct 27, 2014

A cushion-cut, L color, VS2 diamond weighing 101.36 carats sold for $5 million, or $49,100 per carat, during Christie’s Important Jewels auction held Wednesday. The auction house’s sale, which took place in New York, totaled ...

Tags: 101-Carat Diamond, diamond

CMA to Fight to Impose a Duty of 105% on CMA's Imports OTR Tires

Oct 14, 2014

Double Coin Holdings LLC and its American subsidiary, China Manufacturers Alliance LLC (CMA), plan to fight the U.S. Department of Commerce’s preliminary decision to impose a duty of 105% on CMA’s imports of off-the-road (OTR) ...

Tags: Antidumping, AD rate

This Diamond Necklace Boasts a 81.38-Carat Potentially Internally Flawless Diamond

Oct 8, 2014

This diamond necklace boasts a 81.38-carat potentially internally flawless diamond. The piece is expected to garner as much as $3.5 million later this month when Christie’s New York opens its fall jewelry season with a sale of ...

Tags: Diamond, Sale, Crafts

The Aftermarket Auto Parts Alliance Held Its Annual Sales Marketing Forum

Sep 23, 2014

The Aftermarket Auto Parts Alliance held its annual Sales & Marketing Forum at the Hyatt Regency Riverwalk in San Antonio, Texas, recently. Over 70 marketing leaders representing more than 40 Alliance shareholders were on hand for the ...

Tags: Auto Parts, Aftermarket

Cascades Will Close Its Kraft Paper Manufacturing Plant in The East Angus

Jul 28, 2014

Cascades, a Canada-based firm that produces paper from recycled fibers, will close its Kraft paper manufacturing plant in the East Angus, Québec, effecting around 175 employees. The decision to close the plant, which will be ...

Tags: Cascades, Kraft Paper, Packaging

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