Berry Plastics Group has signed an agreement to acquire AEP Industries, a North American manufacturer of flexible plastic packaging films, for $765m including debt. Under the terms of the deal, each shareholder of AEP will receive either ...
Tags: Berry Plastics Group, AEP Industries, debt
Plastic consumer packaging specialist Berry Plastics has restructured its operations to better serve its customers and drive future growth. As part of the restructuring, the company created three new market-focused divisions including ...
Tags: Berry Plastics, flexible packaging, Plastic consumer packaging
Automobile major Fiat Chrysler Automobiles (FCA) is on the verge of taking a final call on whether to divest its auto parts wing Magneti Marelli in the face of potential buyers expressing interest. Two private equity funds based out of ...
Tags: automobile manufacture, auto parts, FCA
Government's push of e-commerce in rural areas will stimulate online fresh food sales A government-backed drive toward e-commerce can help open up the agricultural sector and generate a rapid increase in incomes for farmers. At a ...
Tags: E-Commerce, Farming, Agricultural
Remington Outdoor Company reported sharply higher losses in the first quarter ended March 29 as sales declined by $53.9 million, or 21.2 percent. The country's largest manufacturing of firearms said sales reached $201.3 million compared ...
Tags: Remington Outdoor, Sporting Goods
Peer-to-peer lending, websites that allow individuals to borrow money from other individuals without going through banking middlemen, is facing its first serious government regulation as defaults undermine confidence in the online systems. ...
Ferro Corporation has completed the acquisition of tile coating manufacturer Vetriceramici S.p.A. for €83 million (approximately $104 million), subject to customary working capital and other purchase price adjustments. Vetriceramici ...
Tags: Tile Coatings, Construction
Ferro Corporation has signed a definitive agreement with Milan, Italy-based Private Equity Funds' Management Company Star Capital SGR S.p.A. and two minority owners and founders Gianfranco Padovani and Sergio Zannoni to acquire Casola ...
Tags: Tile, Ferro Corporation, Coating
Intrawest Resorts Holdings, Inc. commenced an initial public offering Tuesday that is expected to raise about $50 million for the operator of seven mountain resorts and $200 million for Fortress Investments, which acquired control of the ...
Tags: Sporting Goods, Recreation
LONDON, Dec. 3, 2013 /PRNewswire/ -- Fifty-five percent of private equity (PE) executives cite the growing capital requirements of the oil and gas industry as the foremost driver of their investment activity in the industry, according to a ...
Tags: the oil and gas industry, private equity, major capital investment
Aurora Capital Group, a Los Angeles-based private equity firm, has purchased Insurance Solutions Division of Zywave, an insurance software technology provider, from Vista Equity Partners, for an undisclosed sum. Aurora's Software & ...
Tags: Aurora Capital, Zywave's Solutions Division, Purchases Insurance
Global oil and gas service company, AGR, has long had a presence throughout Africa and so will be building upon this at the 20th Africa Oil Week in Cape Town (25-29 November). The richness and diversity of hydrocarbon habitats, combined ...
Tags: oil, Metallurgy, Mineral, Energy
Private equity (PE) activities have increased substantially in the Chinese market over the past decade. PE funds invested in China rose to USD 15 billion in 2012, from below USD 1 billion in 2000. China now represents approximately 10% of ...
Tags: global investment, economy
Global pharma companies Sanofi, Novartis and GSK are competing to acquire the domestic formulations business of debt-burdening Elder Pharmaceuticals. People familiar with the matter were quoted by media sources as saying that Sanofi and ...
Tags: Domestic Formulations, Medicine
Seven Seas Water Corporation has named Claudio Baldovino as president, South America. Claudio Baldovino joins Seven Seas Water as president, South America and a member of the Company’s Executive Committee. He comes to Seven Seas ...