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Annie's agrees to sell itself to General Mills for $820 million

2014-09-09 00:54:33| Food - Topix.net

Annie's, a maker of natural and organic foods that went public in 2012, said Monday it has agreed to sell itself to General Mills in a deal valued at $820 million that shows the health food phenomenon remains robust. General Mills agreed to pay $46 a share for Annie's, which staged an initial public offering in March 2012 that priced the company's shares at $19 each and raised $95 million.

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Salesforce.com launches $100 million venture capital fund

2014-09-08 16:33:16| InfoWorld: Top News

While Salesforce.com has been an active investor in startup companies for years, it's taking these efforts to the next level with its first dedicated venture capital fund. The Salesforce1 Fund will initially invest $100 million in emerging companies over the next few years, said John Somorjai, executive vice president of corporate development and strategy. The fund will focus on new mobile application startups that are building products on the vendor's Salesforce1 platform, Somorjai said.

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Dutch fixed telephony connections decrease to 6.21 million

2014-09-08 09:33:00| Telecompaper Headlines

(Telecompaper) The Dutch fixed telephony connections decreased by 0.2 percent during the second quarter of 2014 to reach 6.21 million lines at the end of June 2014, according to Telecompaper's quarterly Dutch Fixed Telephony Market report. The 0.7 percent quarterly growth in consumer VoIP connections to 5.18 million was not enough to off-set the 5.6 percent drop in PSTN/ISDN lines and 2.6 percent decrease in WLR connections.

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Woolworths' ALH Group in $600 million pubs selloff

2014-09-08 07:11:43| Grocery - Topix.net

Charter Hall Group, a diversified real estate invest trust, has created a new wholesale partnership with HOST PLUS to acquire a $603 million portfolio of properties from the Woolworths-owned ALH Group . The portfolio comprises 54 pubs, of which 46 also include a Dan Murphy's and/or BWS retail tenancy, which are predominately located across Australian metropolitan areas.

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Beecher lands more than $5 million in loans for water upgrades

2014-09-07 13:52:03| Waste Management - Topix.net

A year after getting a $3-million loan for upgrades, the Beecher Metropolitan District is receiving an additional $2.18 million loan for continued improvements. State Rep. Pam Faris, D-Clio, announced the loan on Tuesday.

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