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Chiquita, Fyffes alter merger agreement
2014-09-26 14:01:09| Food - Topix.net
Changes to the proposed merger agreement between Chiquita and the Irish fruit company Fyffes will give Chiquita shareholders a larger stake in what would become the world's largest banana supplier. The companies said Friday that shareholders of Chiquita Brands International Inc., under the revised deal, will hold nearly a 60 percent stake, up from about 51 percent.
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Tyson Foods, Hillshire Brands announce merger agreement
2014-07-13 16:26:00| Food - Topix.net
Tyson Foods Inc., Springdale, AR, and The Hillshire Brands Co., Chicago, entered into a definitive agreement on July 2 under which Tyson Foods will acquire all outstanding shares of Hillshire Brands for $63 per share.
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Sprint, T-Mobile close to merger agreement - report
2014-06-05 09:17:00| Telecompaper Headlines
(Telecompaper) Sprint is nearing an agreement on an acquisition of T-Mobile US valuing the Deutsche Telekom subsidiary at almost USD 40 a share, people with knowledge of the matter told Bloomberg. Sprint will offer 50 percent stock and 50 percent cash for T-Mobile, leaving Deutsche Telekom with around 15 percent of the combined company, the report said. At just under USD 40 a share, T-Mobile's equity value would be about USD 31 billion. In addition, the operator has about USD 14.5 billion in debt and USD 5.5 billion in cash. Deutsche Telekom, which owns about 67 percent of T-Mobile, was seeking at least USD 40 a share, two of the people said. SoftBank, the majority owner of Sprint is willing to pay in the upper USD 30s, and the two sides have bridged the gap, according to the report. A deal could be announced as soon as July, although many details, including the management of the new company, are still to be worked out.
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Applied Nanotech and Nanofilm Sign Merger Agreement to Form a New Company
2014-03-19 06:00:00| Coatings World Breaking News
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Cooper terminates merger agreement with Apollo Tyres
2014-01-04 14:23:47| Industrial Machines - Topix.net
The end of 2013 wasn't just as merry for Indian Apollo Tyres with Cooper Tire & Rubber Company today announcing termination of their merger agreement with Apollo .
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