Tag Archives: deal

The deal granting Nestlé the perpetual rights to market Starbucks Consumer Packaged Goods and Foodservice products globally closed

Vevey, Switzerland/ Seattle, WA, USA, 28-Aug-2018 — /EuropaWire/ — Nestlé and Starbucks Corporation today announced the closing of the deal granting Nestlé the perpetual rights to market Starbucks Consumer Packaged Goods and Foodservice products globally, outside of the company’s coffee shops. … Read the full press release

Rio Tinto sold its 50.1% interest in the Clermont Joint Venture to Glencore Xstrata and Sumitomo owned GS Coal Pty Ltd for US$1.015 billion

London, United Kingdom, 30-10-2013 — /EuropaWire/ — Rio Tinto has reached a binding agreement for the sale of its 50.1 per cent interest in the Clermont Joint Venture to GS Coal Pty Ltd, a company jointly owned by Glencore Xstrata and Sumitomo … Read the full press release

EC cleared the deal between Lutosa of Belgium & McCain of Canada

The clearance is conditional on the divestment of Lutosa’s branded retail business in the European Economic Area (EEA) Brussels, 29-5-2013 — /europawire.eu/ — The European Commission has cleared under the EU Merger Regulation the proposed acquisition of Lutosa of Belgium by McCain … Read the full press release

EC approves Syniverse of the US acquisition of Mach of Luxembourg, subject to conditions

Brussels, 29-5-2013 — /europawire.eu/ —  Following an in-depth review, the European Commission has approved under the EU Merger Regulation the proposed acquisition of Mach of Luxembourg by Syniverse of the US. The approval is conditional upon the divestiture of Mach’s Data Clearing (“DC”) services … Read the full press release

EC approves Munksjö AB / Ahlstrom Corporation merger

Brussels, 27-5-2013 — /europawire.eu/ — Following an in-depth investigation (see IP/12/1338), the European Commission has approved under the EU Merger Regulation the proposed merger of Munksjö AB of Sweden and the label and processing paper business of Ahlstrom Corporation of Finland in the … Read the full press release

KBC owned Warta’s pension fund business in Poland acquired by PTE Allianz Polska S.A.

Warsaw, 21-5-2013 — /europawire.eu/ — PTE Allianz Polska S.A., subsidiary of TUiR Allianz Polska S.A., today announced that it will acquire PTE Warta’s pension fund business. PTE WARTA S.A. is owned by the Belgian bancassurance group KBC. “I am pleased with … Read the full press release

Sapa joint venture deal between Orkla ASA & Norsk Hydro ASA cleared by the EU Commission

14-5-2013 — /europawire.eu/ — The EU Commission has today approved the transaction between Norsk Hydro ASA and Orkla ASA to form a 50/50 joint venture, to be named Sapa. Pending necessary approval from Chinese competition authorities, the parties expect the transaction … Read the full press release

Olympic Air and Aegean Airlines deal to be investigated by EC under the EU merger regulation

Brussels, 23-4-2013 — /europawire.eu/ — The European Commission has opened an in-depth investigation under the EU Merger Regulation into the proposed acquisition of Olympic Air by Aegean Airlines. The companies are the two main Greek airlines offering passenger air transport services on … Read the full press release

ABB to acquire Power-One for approximately $1B and become the leading global supplier of solar inverters – the “intelligence” behind a solar PV system

The boards of ABB and Power-One have agreed to a transaction in which ABB will acquire Power-One at $6.35 per share or approximately $1 billion equity value, which includes Power-One’s net cash of $266 million Combination creates global leader in … Read the full press release

Investors led by Joh. A. Benckiser intends to make an offer of € 12.50 per ordinary share of D.E MASTER BLENDERS 1753

Transaction highlights  Investor group led by JAB and DEMB have reached conditional agreement on a recommended full public offer for D.E MASTER BLENDERS 1753 of € 12.50 (cum dividend) in cash per ordinary share  The Offer price represents a … Read the full press release