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Danone to Divest Stonyfield to Lactalis for $875m
Jul 5, 2017French food group Danone has signed a binding agreement to sell its US dairy subsidiary, Stonyfield, to Lactalis for $875m. The price of the deal represents 20 times its earnings before interest, tax, depreciation and amortization ...
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Glanbia Seeks to Sell Control of Dairy Ireland to Farmers Co-Op
Mar 1, 2017Glanbia Co-op has proposed to create a strategic joint venture named Glanbia Ireland encompassing Glanbia Ingredients Ireland, Consumer Products & Agribusiness. Glanbia Co-op also proposes a €100m “spin-out” of Glanbia ...
Tags: Glanbia, Premier Milk
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Sinopec, Rosneft to Do Prefeasibility Study for Gas Processing and Petrochemical Complex in East Siberia
Sep 28, 2016After signing the agreement, Wang Yupu (R) shakes hands with Igor Sechin (L). On Sept. 2, Sinopec and Russia’s Rosneft signed at the Eastern Economic Forum a binding agreement on a joint prefeasibility study for the construction and ...
Tags: Sinopec, Rosneft, joint prefeasibility study
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KKR Agrees to Invest €100m in Petainer UK
Apr 20, 2016US-based private-equity firm Kohlberg Kravis Roberts (KKR) has agreed to provide €100m debt and equity financing to sustainable packaging provider Petainer UK. The funding will be used by Petainer to finance its capital structure and ...
Tags: KKR, Petainer, Investment
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Historic Climate Pact Adopted at COP21
Dec 18, 2015From L-R, Christiana Figueres, Executive Secretary of the UN Framework Convention on Climate Change, United Nations Secretary-General Ban Ki-moon, French Foreign Affairs Minister Laurent Fabius, President-designate of COP21 and French ...
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China Urges Implementation After Historic Climate Deal Sealed
Dec 18, 2015China called for implementation on Saturday after a historic deal was sealed in Paris on global efforts to combat climate change. The Paris agreement on climate change was adopted with no objection by the 196 Parties of the United Nations ...
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Azelis Group to Acquire KODA Distribution Group
Oct 22, 2015Azelis Group and KODA Distribution Group announced that Azelis has signed a binding agreement to acquire U.S.-based KDG, significantly enhancing its position as a leading global specialty chemicals distributor. The transaction remains ...
Tags: Azelis Group, KODA Distribution Group, specialty chemicals
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Donaldson Has Entered Into a Binding Agreement to Acquire 100% of The Shares of Industrias
Jul 17, 2015Donaldson Company, a global leader in engine filtration, has announced that it has entered into a binding agreement to acquire 100% of the shares of Industrias Partmo. Partmo is a leading manufacturer of replacement air, lube and fuel ...
Tags: auto manufacture, Partmo, engine filtration
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Opus Group to Sell 100% of Opus Equipment to MECA Scandinavia
Jun 19, 2015Opus Group has signed a binding agreement to sell 100% of Opus Equipment to MECA Scandinavia , a subsidiary of Mekonomen Group. The sale streamlines Opus Group's operations focusing on being a leading global vehicle inspection company. ...
Tags: Opus Group, Opus Equipmen
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Initial Inspections of Accord Producing Apparel Factories Completed
Oct 17, 2014The Accord on Building and Fire Safety said initial inspections of Accord producing apparel factories have been completed within the agreed timeline of September 2014. Out of 1,106 factories inspected, over 400 Corrective Action Plans ...
Tags: Apparel, Finishes Inspection
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Transhock Is a Re-Manufacturer and Distributor of Vehicle Parts and Accessories
Mar 6, 2014Eco-friendly vehicles distributor Green Automotive (GAC) has entered into a binding agreement to purchase British automotive parts remanufacturing business Transhock. Based in West Midlands, UK, Transhock is a re-manufacturer and ...
Tags: Green Automotive, Automotive Parts
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Lenovo Said Tuesday It Is in Negotiations on a "Potential Acquisition"
Jan 21, 2014Chinese computer giant Lenovo said Tuesday it is in negotiations on a "potential acquisition," following media reports the deal could be for IBM's server division. In a letter released to shareholders, Lenovo said its board "noted certain ...
Tags: Lenovo, IBM, Consumer Electronics, Electronics
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The Company and AMEC Have Negotiated Non-Binding Terms of a Business Combination Pursuant
Jan 15, 2014Foster Wheeler AG (Nasdaq:FWLT) (“Foster Wheeler” or the “Company”) today confirmed that, following a comprehensive review of strategic alternatives, it has provisionally agreed with AMEC plc (“AMEC”) on ...
Tags: Foster Wheeler, AMEC, non-binding outline terms, business combination
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Foster Wheeler Has Provisionally Agreed with AMEC on Non-Binding Outline Terms
Jan 14, 2014Foster Wheeler AG confirmed that, following a comprehensive review of strategic alternatives, it has provisionally agreed with AMEC plc (“AMEC”) on non-binding outline terms concerning a possible business combination of the ...
Tags: Non-Binding Terms, Foster Wheeler
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Negotiation to Purchase Rights in Leviathan Project
Jan 7, 2014Delek Group (TASE: DLEKG, OTCQX: DGRLY) ("the Company") Further to that stated in Section 1.11.27(J) of the Company's Annual Report dated March 24, 2013, as amended on July 4, 2013 (Ref. No. 2013-01-083805), below is the immediate report as ...
Tags: Delek Group, Annual Report, Leviathan project, Woodside Petroleum