Hints and tips:
...They claim in a lawsuit filed against two DCC subsidiaries, DCC Technology Holdings, Inc and Exertis (UK) Limited (PDF link), that the defendants breached obligations on earn-out payments and that Stampede...
...Chinese food delivery group Meituan has to swallow a Rmb3.4bn ($530m) fine after being found guilty of monopolistic practices....
...(Bloomberg) Holding grudges Longtime Ant Group investors await a massive payday come the company’s dually-listed initial public offering....
...Air France-KLM has reappointed Pieter Elbers as chief executive of its Dutch subsidiary. Elbers has been the head of KLM since 2014....
...Once the deal is complete, Plated will operate as a wholly owned subsidiary of Albertsons, while still operating as a distinct brand and retaining its New York City headquarters, the announcement said....
...After several restructurings, Nabisco was sold in 2000 to Philip Morris, which the following year merged Nabisco with its food subsidiary Kraft....
...Analysts believe that low margins in the food business could yet usher in a wave of takeovers....
...Services Group, a subsidiary of Alibaba....
...The stake was acquired through its takeover of Smithfield Foods earlier this year. Smithfield had merged its European subsidiary with Campofrío in 2008....
...(Financial Times) Shuanghui agrees $4.7bn deal for Smithfield Foods: China’s biggest meat processor has offered $4.7bn in cash for Smithfield Foods, in what will be the largest Chinese takeover of a US...
...The company expects the deal to complete early in the fourth quarter of 2013, after which Astex will become a subsidiary of Otsuka. Jefferies LLC was the sole financial adviser to Astex....
...I notice that two coffee cream puffs sit untouched in the middle of the table, topped with brown sugar and a fleck of gold leaf....
...Roger Whiteside, chief executive of Punch Taverns and a former head of M&S’s food arm, has been poached to run the Greggs bakery chain....
...(Financial Times) “Tiger Asia Management LLC, the $1.2 billion New York-based hedge fund run by Bill Hwang, said it’s returning outside capital to investors by the end of the month amid a three-year probe...
...It’s clearly a second-tier company with an open share register and probably it’s a question of when, not if, the company becomes subject of a bid,” he said....
...It will have the option of expanding that holding to a 20 per cent stake by 2015. The move comes as Pepsi is working to catch up with rival Coca-Cola in China....
...Kevin Brown is the FT’s Asia Regional Correspondent kevin.brown@ft.com...
...Sean Murphy, deputy chief executive of Chambers Ireland, an umbrella group for the country’s chambers of commerce, says Poundland’s arrival will help restart consumer activity....
....), Mr Schreiner was co-founder/portfolio manager at MS Capital Management, LLC, a Phoenix-based hedge fund. He earned a BA in business administration from Ottawa University....
...Smithfield Foods, the US packaged meats company, plans to merge its main European subsidiary with Spain’s Campofrio to create a pan-European group with annual sales of more than €2bn....
...Kirin Holdings said it would buy Australia’s Dairy Farmers for $780m through its subsidiary National Foods. Shares in Kirin gained 1.9 per cent to Y1,610....
...Michael Ryan, lawyer with McCann Fitzgerald, says by locating in a low-tax jurisdiction, a company is able to limit the tax its offshore subsidiaries pay when remitted as dividends....
...As if to underline its suspicion of speculators, India’s government recently suspended trading in commodity futures in response to the global food crisis....
...In earnings news, Hormel Foods posted lower earnings for the quarter ending July 29, with net income of $57.4m down from $59.6m a year ago....
...Maughan, his light brown hair brushed into a neat bouffant, stared wide-eyed at the crowd like the proverbial deer caught in the headlights....
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