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transaction marks
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McCormick to Buy Reckitt Benckiser's Food Business for $4.2bn
Jul 20, 2017US-based spice manufacturer McCormick & Company has agreed to acquire the food division of British consumer goods firm Reckitt Benckiser (RB) for $4.2bn to strengthen its flavor and condiments portfolio. The acquisition of RB Foods ...
Tags: consumer goods, RB Foods
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Sealed Air's Net Sales Increases in Q1 2017
May 15, 2017Sealed Air has announced financial results for first quarter 2017, as well as outlook for the complete year. Commenting on these results, Jerome A. Peribere, President and Chief Executive Officer, said, “2017 is a transformational ...
Tags: Sealed Air, Packaging
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CP Foods to Acquire US Frozen Food Maker Bellisio for $1bn
Nov 22, 2016Thailand's Charoen Pokphand Foods (CPF) has entered into an agreement to buy US-based frozen food manufacturer Bellisio Foods for $1.08bn. Headquartered in Minneapolis, Bellisio is a portfolio company of private equity firm Centre ...
Tags: Frozen Food, Bellisio Foods
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EBRD Invests $100m in United Sugar Company of Egypt
Apr 5, 2016The European Bank for Reconstruction and Development (EBRD) has agreed to make $100m equity investment in Egypt-based United Sugar Company (USC), which is also a subsidiary of Savola Group, to strengthen the agribusiness sector in the ...
Tags: EBRD, Investment, USC, United Sugar Company, Savola Group
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O-I Is Buying Mexican Company Vitro's Food and Beverage Glass Container Business
May 18, 2015Glass container manufacturer Owens-Illinois (O-I) is buying Mexican company Vitro's food and beverage glass container business for around $2.15bn, to gain a competitive position in the Mexican glass packaging market. O-I will acquire ...
Tags: Owens-Illinois, Glass Container, Packaging
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Black Ridge Oil & Gas Today Announced The Closing of Previously Announced Acquisitions
Dec 19, 2013Black Ridge Oil & Gas, Inc. (the "Company") (OTCQB: ANFC), a well-positioned exploration and production (E&P) company focused on non-operated Bakken and Three Forks properties, today announced the closing of its previously announced ...
Tags: Black Ridge Oil&Gas, Corral Creek Acquisition, close acquisition
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Daimler Acquired a 12% Stake in Its Chinese Partner BAIC Motor
Nov 22, 2013German automaker Daimler has acquired a 12% stake in its Chinese partner BAIC Motor, the passenger car unit of Beijing Automotive Group (BAIC Group). This transaction marks the first investment by a non-Chinese automotive company in a ...
Tags: Daimler, Chinese BAIC Motor
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China Is Expanding Its Scope in Looking for Energy Resources in Foreign Assets
Nov 20, 2013China is expanding its scope in looking for energy resources in foreign assets, participating actively in the international oil and gas market to ensure the domestic supply is driven by economic growth. China Petroleum and Chemical Corp, ...
Tags: Gas Sources, Oil Sources
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CPA:17 Acquired The New European Innovation Center of Royal Frieslandcampina
Jul 17, 2013CPA:17 – Global, a publicly held non-traded REIT affiliate of WP Carey, has acquired the new European Innovation Center of Royal FrieslandCampina in the Netherlands for $41m. The new European Innovation Center is located on the ...
Tags: Drinks, dairy company
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IQE PLC of Cardiff Has Agreed to Acquire The Kopin Wireless Compound Semiconductor
Jan 11, 2013Epiwafer foundry and substrate maker IQE plc of Cardiff, Wales, UK has agreed to acquire the Kopin Wireless compound semiconductor epiwafer manufacturing division of Kopin Corp of Taunton, MA, USA (including its leased manufacturing ...
Tags: IQE, UK, Kopin Wireless, semiconductor, KTC
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Clariant Agreed to Sell Textile Chemicals, Paper Specialties and Emulsions Businesses
Jan 10, 2013Switzerland-based specialty chemicals manufacturer Clariant International Ltd. has agreed to sell its Textile Chemicals, Paper Specialties and Emulsions businesses for approximately $545 million to SK Capital Partners, a New York City-based ...
Tags: Clariant International, specialty chemicals, Textile Chemicals, textile
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Clariant Has Signed an Agreement to Divest Its Textile Chemicals
Jan 4, 2013Clariant, a world leader in specialty chemicals, has signed an agreement to divest its Textile Chemicals, Paper Specialties and Emulsions businesses to SK Capital. The total consideration of the sale amounts to approximately CHF 502 ...
Tags: Clariant, Textile Chemicals, Paper Specialties, Emulsions Businesses
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Textile Chemical Business Is Divested by Clariant
Dec 28, 2012Clariant, a world leader in specialty chemicals, has signed an agreement to divest its Textile Chemicals, Paper Specialties and Emulsions businesses to SK Capital. The total consideration of the sale amounts to approximately CHF 502 ...
Tags: Clariant, divestment, transaction marks, specialty chemicals
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Iconix Brand Has Signed a Definitive Agreement to Acquire The Umbro Brand
Oct 25, 2012Iconix Brand Group Inc.announced that it has signed a definitive agreement to acquire the Umbro brand and related intellectual property assets from NIKE,Inc.for$225 million in cash.The transaction is expected to close by the end of the ...
Tags: Umbro, Iconix, sports apparel
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Greencore Has Acquired ICL From Hain Daniels for an Undisclosed Amount
Aug 24, 2012Irish food company Greencore has acquired International Cuisine (ICL), a private label chilled ready meal business, from Hain Daniels for an undisclosed amount. This acquisition is a part of the company's strategy to strengthen its ready ...
Tags: ICL, acquisition, debt facilities