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Tyson Foods Explores Divesting Pizza Crust Business
Mar 29, 2018US meat processing company Tyson Foods is exploring the sale of TNT Crust, its pizza crust business, as part of its strategic focus on protein. Tyson Foods Prepared Foods group president Sally Grimes said: “We’re focused on ...
Tags: Tyson Foods, Pizza
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Mars Food Acquires Preferred Brands International
Nov 6, 2017Mars Food has completed the acquisition of Connecticut-based Preferred Brands International, a manufacturer and marketer of all-natural, ready-to-heat Indian and Asian food products sold mainly under the Tasty Bite brand. Preferred Brands ...
Tags: Mars Food, food products
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Centerbridge Partners Acquires Industrial Container Services
May 2, 2017ICSH Parent, the parent company of Industrial Container Services, has announced that it has been acquired by funds advised by Centerbridge Partners, a leading private investment firm. Prior to this transaction, ICS was owned by affiliates ...
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Beijing Stores Cut Gold Prices on Slump
Oct 11, 2016The biggest weekly slump in the global gold price led Beijing's gold stores to cut their prices for the first time this year. The price in Beijing declined by 10 yuan ($1.5) per gram on Sunday. This was the first cut, following six earlier ...
Tags: Gold, Gold Prices
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China to Give Real Boost to Virtual Reality Sector
Oct 5, 2016China set up an industry alliance for virtual reality (VR) on Thursday, in a move to accelerate the application of VR in entertainment, education and manufacturing. The Industry of Virtual Reality Alliance includes more than 170 ...
Tags: Virtual Reality, headset
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Wal-Mart Stores, Inc. to Participate at The 23rd Annual Goldman Sachs Global Retailing Conference
Sep 28, 2016BENTONVILLE, Ark., Aug. 31, 2016 – Wal-Mart Stores, Inc. (NYSE: WMT) will participate in the 23rd Annual Goldman Sachs Global Retailing Conference on Wed., Sept. 7. Chief Financial Officer Brett Biggs will participate in a fireside ...
Tags: WMT, 23rd Annual Goldman Sachs Global Retailing Conference
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Primavera Capital, Ant Financial to Invest $460m in Yum! China
Sep 7, 2016US-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 ...
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MACOM Amends Credit Agreement Securing $250m in Incremental Term Loans
Sep 6, 2016MACOM Technology Solutions Holdings Inc of Lowell, MA, USA (which makes semiconductors, components and subassemblies for analog RF, microwave, millimeter-wave and photonic applications) has entered into an amendment of its existing credit ...
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Coveris Holdings Successfully Prices Incremental Term Loan
Aug 3, 2016Coveris Holdings, a portfolio company of funds advised by Sun Capital Partners, announced that it has received the necessary consents to certain proposed amendments to Coveris’ existing senior secured term loan facility, which will ...
Tags: Coveris Holdings, term loan
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Adeptio to Acquire Controlling Stake in Americana for $2.4bn
Jun 23, 2016A Dubai-based investment group led by businessman Mohamed Alabbar has agreed to acquire a majority stake in the Kuwait Food Company, which is known as Americana, for nearly $2.4bn. The consortium Adeptio headed by Emaar Properties PJSC ...
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Amplify Snack Brands Launches Public Offering
May 19, 2016Amplify Snack Brands has launched a public offering for 10,000,000 shares of the company’s common stock. All shares are being sold by existing stockholders, including certain directors of the Company. Amplify will not receive any of ...
Tags: Public Offering, Amplify Snack
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Report: Bass Pro Partnering with Goldman Sachs on Cabela's Bid
Apr 20, 2016Bass Pro Shop and Goldman Sachs' private equity arm were partnering on a bid for Cabela's, people familiar with the matter told Reuters. On Tuesday, shares of Cabela's rose $3.14, or 6.4 percent, to $52.51 on the news. Goldman will ...
Tags: Bass Pro, Goldman Sachs
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Wind Point Partners Acquires Pork Rind Snacks Maker Evans Food
Apr 15, 2016US-based private equity firm Wind Point Partners has acquired Evans Food Group and its subsidiaries. The financial terms of the deal have not been disclosed. Evans Food Group, which was founded in 1947 and acquired in 1985, is the maker ...
Tags: Wind Point, Evans Food, Pork Rind Snacks, Acquisition
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Logitech Teases Interest In Virtual Reality Controllers
Mar 28, 2016While Logitech is a major player in the peripheral market, there’s no need for a mouse and keyboard in virtual reality space. Logitech is eyeing the virtual reality market for its next business ploy. The Swiss tech firm teased ...
Tags: Logitech, Virtual reality market
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Tegel Expected To List On ASX And NZX
Mar 18, 2016New Zealand poultry producer Tegel is predicted to soon list on the New Zealand Exchange and the Australian Securities Exchange. Tegel producers both chicken and turkey products and has four major processing facilities located across ...
