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General Mills Agrees to Sell Its Argentina Bakery and Foodservice Business to Grupo Bimbo
Apr 22, 2016General Mills has agreed to sell its Argentina bakery and foodservice business to a Mexico-based baking company Grupo Bimbo for undisclosed sum. However, General Mills will retain its growing retail food business in Argentina, including ...
Tags: General Mills, Grupo Bimbo, Acquisition
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ConAgra Foods to Sell Private Label Operations to TreeHouse Foods for $2.7bn
Nov 5, 2015US-based packaged food company ConAgra Foods has signed an agreement to sell its private label operations to TreeHouse Foods for $2.7bn in cash, which excludes transaction expenses. Under the agreement terms, ConAgra Foods will sell ...
Tags: ConAgra Foods, TreeHouse Foods
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Dairy Innovation Australia Sells Culture Production and Strain Collection Unit to Chr. Hansen
Oct 15, 2015Dairy Innovation Australia Limited (DIAL) has announced the sale of DIAL culture production unit and strain collection to Danish biotechnology company Chr. Hansen A/S and its Australian subsidiary. The sale of the unit is in line with the ...
Tags: dairy, food, beverage, fermentation technology
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Walter Energy Completed a Previously Announced Transaction to Sell The Blue Creek Terminal
Aug 27, 2014US-based coal producer Walter Energy has announced that it has completed a previously announced transaction to sell the Blue Creek Terminal and associated properties, located in Mobile, Alabama, to the Alabama State Port Authority for $25 ...
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Lululemon Athletica Wilson Has Agreed to Sell Half His Shares to a 13.85 Percent Stake
Aug 15, 2014Lululemon Athletica inc. Founder Dennis J. (Chip) Wilson has agreed to sell half his shares in the apparel maker equal to a 13.85 percent stake of the company to Advent International for approximately $845 million. The transaction has ...
Tags: Lululemon, Shares, Sporting Goods
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Memphis Dick's Store Fights Revocation of Firearms License
May 18, 2014Dick's Sporting Goods in Memphis, TN, today filed a federal lawsuit in Memphis aganist Kevin L.Boydston, director of industry operations for the Bureau of Alcohol, Tobacco, Firearms and Explosives,Over his bureau's decision to revoke the ...
Tags: Memphis Dick's Store
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Vena Resources Inc. Entered Into a Share Purchase Agreement with Azincourt Uranium Inc
Nov 26, 2013TORONTO, Nov. 22, 2013 /CNW/ - Vena Resources Inc. (the "Company" or "Vena") (TSX: VEM) (Peru: VEM) (Germany: V1RA) (USA: VNARF) announces that it has entered into a share purchase agreement with Azincourt Uranium Inc. (TSXV: AAZ) ...
Tags: Metallurgy, Mineral, Energy
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Dole Food Has Completed The Sale of Its Worldwide Packaged Foods
Apr 2, 2013US-based Dole Food has completed the sale of its worldwide packaged foods and Asia fresh businesses to Japanese firm ITOCHU for $1.68bn in cash. The sale included a major portion of Dole's operations and assets, including exclusive rights ...
Tags: DolE, Packaged Foods, Itochu
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Neophotonics Is to Acquire The Semiconductor Optical Components Business Unit
Jan 23, 2013NeoPhotonics Corp of San Jose, CA, USA, a vertically integrated designer and manufacturer of both indium phosphide (InP) and silica-on-silicon photonic integrated circuit (PIC)-based modules and subsystems for bandwidth-intensive, ...
Tags: NeoPhotonics, semiconductor, semiconductor optical components
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ARTS Will Bring The Innovative and Cutting-Edge Technologies Retailers at NRF Expo
Jan 10, 2013The Association for Retail Technology Standards (ARTS) will once again bring the innovative and cutting-edge technologies retailers use every day to the forefront at Retail’s BIG Show. The ARTS Pavilion (booth 2253), a showcase of ...
Tags: NRF Expo, ARTS, ARTS Way, ARTS Fresh Item
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China's Competition Officials Are Still Weighing Dole Food Co's Deal
Jan 5, 2013China's competition officials are still weighing Dole Food Co's deal to sell its global packaged food and Asian fresh businesses to Japan's Itochu Corp, forcing the two firms to delay completion of the sale. Dole had hoped to sign-off ...
Tags: Dole Food Co, global packaged food, fresh businesses, company news
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Canadian Solar Acquired a Majority Interest in Two Utility-Scale Solar Power Projects
Dec 31, 2012Canadian Solar Inc. and SunEdison Power Canada Inc., a subsidiary of MEMC Electronic Materials, Inc., today announced that they have completed a purchase and sale transaction wherein Canadian Solar's direct subsidiary Canadian Solar ...
Tags: Canadian Solar, SunEdison Power, MEMC Electronic Materials
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Capitoline Holdings Limited Acquired a 30% Stake
Dec 14, 2012Oman Observer reported that Capitoline Holdings Limited, a subsidiary of Russian TMK, has acquired a 30% stake in Sohar based manufacturer of high pressure ERW carbon steel pipe Gulf International Pipe Industry. The acquisition was ...
Tags: Sohar based manufacturer, carbon steel pipe, sale transaction
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Dole Food Has Announced That It Has Received Stockholder Approval of Packaged Foods
Dec 10, 2012US-based Dole Food has announced that it has received stockholder approval for the sale of its worldwide packaged foods and Asia fresh businesses to Japanese trading house Itochu for $1.685bn in cash. Currently, the deal has received ...
Tags: Dole Food, stockholder approval, packaged foods, food industry
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Harris Teeter Reported That Sales for The 52 Weeks Ended October 2,2012 Increased by 5.8%
Nov 2, 2012Harris Teeter Supermarkets,Inc.(NYSE:HTSI)(the"Company")today reported that sales for the 52 weeks ended October 2,2012 increased by 5.8%to$4.54 billion from$4.29 billion in fiscal 2011.Sales for the fourth quarter of fiscal 2012 increased ...
Tags: Harris Teeter, Supermarkets, profits, acquisition
