Sharpie pen maker Newell Rubbermaid Inc said it would buy Elmer's Products Inc, owner of the popular school glue brand, for about $600 million.
1 min read · 05 October 2015
Glencore is in talks with a Saudi Arabian sovereign wealth fund and China's state-backed COFCO, along with Canadian pension funds, to sell a stake in its agricultural assets, sources told Reuters. Glencore is said to be creating a legal entity for the assets involved, expected to be mostly those inherited from the $6.1 billion purchase of Canadian grain handler Viterra in 2012.
2 min read · 05 October 2015
Dutch trust firm administrator Intertrust NV said on Monday it will sell shares representing around 42.5 percent of the company to raise 537 euros million euros ($602-611 million) in an initial public offering (IPO) of shares.
1 min read · 05 October 2015
Swedish plumbing and electrical systems group Bravida plans to list its shares on Nasdaq Stockholm at a price of between 36-44 Swedish crowns per share, giving it a market value of up to 8.9 billion Swedish crowns ($1.1 billion), Reuters reported.
1 min read · 05 October 2015
Power plant supplier APR Energy Plc said it was in talks to be bought out by a consortium that includes its largest shareholder, Fairfax Financial Holdings Ltd, Reuters reported.
1 min read · 05 October 2015
Albertsons Cos Inc , the No.2 U.S. grocery chain, said it hoped its initial public offering would raise $1.7 billion, an ambitious target at a time of intensifying industry competition and uncertainty in global capital markets, Reuters News reported.
2 min read · 05 October 2015
American Apparel Inc filed for chapter 11 bankruptcy protection on Monday, joining a rising number of U.S. apparel retailers reeling under tough competition and lower spending by teen shoppers, Reuters News reported.
2 min read · 05 October 2015
Insurance-focused outsourcing company Xchanging Plc said it had received competing takeover offers from larger rival Capita Plc and U.S.-based private equity investor Apollo Global Management LLC, Reuters News reported.
2 min read · 05 October 2015
Nestle is in talks to merge its international ice cream business with R&R Ice Cream in a 3 billion euro ($3.4 billion) deal, according to a source familiar with the matter, as the world's biggest packaged food firm focuses more closely on its higher-performing brands, Reuters News reported.
2 min read · 05 October 2015
Nelson Peltz's Trian Fund Management said it has bought $2.5 billion in General Electric (GE.N) shares since May, making it one of the company's top 10 shareholders, Reuters News reported.
2 min read · 05 October 2015
