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White Knight Apollo Buying Chemical Maker OM Group

2015-06-01 22:30:44| Chemicals - Topix.net

Cleveland-based OM Group agreed to be purchased for $34 per share cash in a two-step deal that values OM Group at about $1.02 billion. OM Group shares were up 28% to 33.98 in early afternoon trading in the stock market today , the highest point since late March 2014.

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McCormick closes on Italian spice maker deal

2015-05-29 18:59:14| Food - Topix.net

McCormick & Co. Inc. wrapped up its deal for Italian spice maker Drogheria & Alimentari, closing on a $79 million acquisition three months after it was first announced .

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Chip maker Avago buys rival Broadcom

2015-05-28 15:51:46| BBC News | Business | UK Edition

Avago Technologies, one of the world's biggest manufacturers of semiconductors, is buying its California-based rival Broadcom for $37bn.

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Irn Bru maker reports flat sales

2015-05-27 14:46:55| BBC News | Business | UK Edition

Soft drinks firm AG Barr reports a 1.1% fall in sales amid a "competitive and volatile" market.

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The Wall Street Journal: Hormel to buy organic meat maker Applegate for $775 million

2015-05-27 00:18:58| Food - Topix.net

Hormel Foods Corp. agreed to buy Applegate Farms LLC for about $775 million, a move that would give the maker of Spam a foothold in the organic-meats category. paid $7.7 billion for Hillshire Brands Co., which makes Jimmy Dean sausages, and Post Holdings Inc. bought egg and dairy-goods company Michael Foods Group Inc. A change in consumer eating habits is underpinning consolidation in the sector.

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