US-based Terrafugia said that the latest features and systems will be incorporated into the Transition flying car, which is due to come to market in 2019. The new features in the Transition production vehicle, a two-seat auto and ...
Tags: Terrafugia, Flying Car, Hybrid Mode
J.M. Smucker’s proposed $285m purchase of Conagra Brands’ Wesson cooking oil brand has hit a roadblock with the US Federal Trade Commission (FTC) accusing the deal will reduce competition in the country for canola and vegetable ...
Tags: cooking oil
Zhejiang Geely, the Chinese automaker that owns Volvo, has agreed to acquire Terrafugia, a US-based startup company working on the development of a flying car. Terrafugia was founded in 2006 by five Massachusetts Institute of Technology ...
Dawn Meats has closed its strategic partnership and acquisition agreement with Dunbia after securing all relevant regulatory approvals. Dawn has agreed a strategic partnership with Dunbia to establish a joint venture in the United Kingdom ...
Tags: Dawn Meats, Meats
Archer Daniels Midland Company (ADM) has secured exclusivity in relation to the proposed acquisition of Chamtor, a France-based manufacturer of wheat-based sweeteners and starches. Pierre Duprat, president, ADM Europe, Middle East and ...
Tags: wheat, sweeteners
It is anticipated the acquisition agreement with Bow Energy will be implemented on 11 January 2012, subject to Australian court approval at a final hearing scheduled for 22 December 2011. Australian and Chinese regulators have already ...
Tags: Bow Energy, acquisition agreement, Arrow
Fulham Company Group, a leading supplier of lighting components and electronics for commercial and specialty applications, has signed a definitive agreement to acquire certain assets of the LED Driver business of Lumotech, based in Alkmaar, ...
Belgium-based brewing company Anheuser-Busch has agreed to acquire Colorado-based Breckenridge Brewery, to expand its craft beer portfolio. Upon completion of the acquisition process, Breckenridge Brewery will become the seventh craft ...
Tags: Anheuser-Busch, Breckenridge Brewery, Food
US-based packaged foods company Pinnacle Foods has entered into an agreement to acquire Boulder Brands for $975m, in a move that signifies the former’s expansion into health and wellness segments. The acquisition is expected to ...
Tags: Pinnacle Foods, refrigerated foods
Hongliopto announced it cancelled the acquisition of Shenzhen Wisdom GPS on Tuesday, according to a Securities Times report. The company signed a letter of intent to acquire Shenzhen Wisdom GPS on July 18, 2015 for RMB 195 million (US ...
Tags: Hongliopto, Wisdom GPS, automotive network
Flavors company McCormick has agreed to acquire One World Foods, Stubb's barbeque sauces supplier, for $100m. Based in Austin, Texas, One World Foods produces and sells marinades, rubs and skillet sauces, in addition to Stubb's barbeque ...
Tags: McCormick, delicious sauces, Stubb's barbeque sauces, food manufacture
Kortrijk, Belgium-based Bekaert, one of the world's largest steel cord and wire manufacturers, has announced that it has reached an agreement with the Italian tire maker Pirelli for the acquisition of Pirelli's steel cord activities for ...
Tags: Bekaert, Steel Cord
Kirkland Precious Metals Corp. (the "Company" or "KPM") wishes to announce that it has notified the CEO of Golden Dawn Minerals Inc. ("GOM") that it intends to return the property rights to the Central Catharine Claims, the Link Catharine ...
Tags: Precious Metals, Mineral
EOS imaging, a developer of medical imaging systems, has announced the signing of the acquisition agreement of OneFit Medical, publisher of knee and hip surgery planning software and manufacturer of patient-specific cutting guides for ...
American Family Insurance has inked an acquisition agreement to purchase direct homeowners insurer Homesite Group for approximately $616m. Headquartered in Boston, Homesite is a direct writer of homeowners, renters and condominium ...
Tags: Insurance, Homesite Group