RF gallium nitride (GaN) device revenue rose by slightly more than 23% in 2016, and will increase at a compound annual average growth rate (CAAGR) of 14.1% to $733m in 2021, forecasts the Strategy Analytics Strategic Component Applications ...
Nestlé USA has forayed into the direct-to-consumer (DTC) prepared meals business by acquiring a minority stake in Freshly. The Nestle subsidiary was the leading investor in a $77m funding round in the DTC healthy prepared meals ...
Tags: Nestle, Prepared Meals
Nestlé is considering a sale of its US confectionery business, which includes brands such as Butterfinger, Baby Ruth and Crunch chocolate bars. The food and beverage giant is exploring strategic options, which would pertain to only ...
Bosch is planning to divest its subsidiary Robert Bosch Starter Motors Generators, including all subsidiaries, to the purchaser consortium ZMJ (Zhengzhou Coal Mining Machinery Group Co., Ltd.), Zhengzhou, China, and CRCI (China Renaissance ...
Tags: Bosch, Motors, Generators
UK consumers goods company Reckitt Benckiser is weighing strategic options for its food business to help pay down debt after its planned $16.6bn purchase of Mead Johnson. The company is mulling over all options for the food business, ...
Tags: Reckitt Benckiser, Food Business
Volkswagen has adopted a new strategy to become a lead in sustainable mobility by bringing out more than 30 new e-vehicles by 2025. In order to achieve these goals, the Board of Management - with the approval of the Supervisory Board - ...
Tags: Volkswagen, pact for the future, BEVS
Weyerhaeuser is exploring strategic alternatives for its cellulose fibers business that produces liquid packaging board, absorbent pulp and papergrade pulp. The company is considering various alternatives such as sale or spin-off of the ...
Tags: Weyerhaeuser, liquid packaging, board
International Paper (IP) will exit from Chinese coated board joint venture (JV) by selling its 55% stake to JV partner Shandong Sun Holding for $23m. The IP-Sun JV operates one manufacturing facility with four paper machines in Shandong ...
Communications and information technology company Nokia has signed a deal to sell its HERE digital mapping and location services unit to a consortium comprising Audi, BMW Group and Daimler in a deal worth €2.8bn. The transaction, ...
Tags: HERE Digital Map, Nokia
Johnson Controls, announced today that it is exploring strategic options for the separation of its automotive business. Alex Molinaroli, chairman and chief executive officer, Johnson Controls said: "Today's announcement continues our ...
Tags: Automotive Business, Johnson
US-based Bob Evans Farms has scrapped plans to sell or spinoff its sausage and refrigerated-food business. This comes after the company witnessed 18% decline in shares to $48.80. Sandell Asset Management, which owns over 7% of Bob ...
Less than four years after acquiring GSI Commerce for $2.4 billion, eBay Inc. announced Wednesday it was studying whether to spin off the business in IPO as part of a broadening restructuring. The company disclosed the plans in its ...
Tags: broadening restructuring, box retailers, Sporting Goods
Perry Ellis International reported sales declined 5.3 percent in the third quarter to $203.3 million, but managed to cut its loss in the period to $437,000, or 3 cents a share, from $3.0 million, or 20 cents, a year ago. Executives said ...
Shareholders owning 6.3 percent of Perry Ellis International, Inc.'s outstanding shares took their efforts to break up the apparel and brand management company public late Tuesday by publishing a letter they sent to the company's board of ...
Tags: Perry Ellis, Stockholder, Sporting Goods
Schutt Sports acquired the Adams, Trace, Bolco Bases, Neumann Gloves and Bucks Belts brands and accompanying spring 2015 inventory last week, in a deal that clears the way fro Adams USA Inc. to liquidate. Adams USA Interim CEO Tom Haas ...
Tags: Schutt Sports, Gloves, Bucks Belts, Sporting Goods