Coca Cola is said to have dropped its plan to buy minority stake in Greek yogurt maker Chobani, as the beverage company believes that it may not fit its portfolio. Sources familiar with the matter told CNBC that the soft drinks giant is ...
Soft drink giants PepsiCo Inc and Coca-Cola Co are said to be holding separate talks to acquire minority interest in US-based yogurt maker Chobani. The move indicates that beverage companies are making efforts to diversify their business ...
Tags: Soft drink, PepsiCo, Coca-Cola Co, carbonated drinks
Strauss Group, an Israel-based food and drinks manufacturer, is exploring an initial public offering of its coffee unit on the US stock exchange. Strauss and TPG Capital Management, its partner in Strauss Coffee, have submitted a draft ...
Tags: Strauss Group, Highlander, Food
If TPG Capital LP decides to take American Tire Distributors Holdings Inc. public, it might recoup its initial investment and more. Recent acquisitions, however, will make an initial public offering (IPO) less profitable. The private ...
Tags: Tire, Tyre, Auto Parts
Warsaw, IN–based medical device manufacturer Biomet Inc. announced on March 7 that it had filed with the Securities and Exchange Commission (SEC) for a proposed an initial public offering of common stock. The announcement states ...
American Tire Distributors Holdings Inc. (ATD) has purchased Hercules Tire Holdings LLC, according to the Securities and Exchange Commission 8-K filing on Jan. 24. 2014. Hercules Tire Holdings owns 100% of the stock of the Hercules Tire & ...
American Tire Distributors Inc. (ATD) recently opened a distribution center in West Palm Beach, Fla. It is the company's 108th D/C in the United States. ATD also has 24 distribution centers in Canada. Based in Huntersville, N.C., ATD is ...
Tags: tyre, tire, auto parts
Texas-based private-equity firm TPG Capital is said to be considering signing an agreement to acquire Envision Pharmaceutical Holdings, an Ohio-based pharmacy-benefits manager (PBM), for an undisclosed sum. Sources familiar with the ...
Tags: Envision Pharmaceutical, TPG
ProSight Specialty Insurance, a global insurance group in the construction industry, has launched builders reporting policy (BRP) program, aimed to provide additional cash flow for residential and commercial contractors with a low deposit ...
Systems management software vendor BMC Software has announced job cuts following the conclusion of a review into its operations. The restructuring will result in a pre-tax charge estimated at between $33m and $38m (£21m and ...
Tags: Computer Products, software
Despite what he sees as shortcomings of Microsoft’s real-time communications platform, Lync, businesses will see value to some of its features, and supplement those with products from Avaya, says Avaya CEO Kevin Kennedy. “Are ...
While Michael Dell struggles to take his eponymously named hardware vendor private, BMC Software is set to be taken private in a takeover by a consortium of private equity interests. BMC, best known for its systems management software, ...
Tags: BMC Software, Computer Products
US private equity firm TPG Capital has entered into an agreement to acquire Australia's leading poultry processor Inghams Enterprises for approximately A$880m ($901m). TPG Capital overcame competition from several other bidders in the ...
Separate final bids have been placed by the US private equity firms Blackstone and TPG Capital as well as a consortium led by Chinese agribusiness company New Hope to acquire Australia's leading poultry processor Inghams Enterprises. The ...
Tags: Blackstone, TPG Capital, consortium
Dell, the world's third-biggest PC vendor, is in talks that could see it taken over by private equity, according to reports. However, discussions with TPG Capital and Silver Lake are currently at a preliminary stage and financing has ...
Tags: Dell, PC, takeover, private equity