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M&As this week: McCormick & Company, Shanghai Kaichuang Ocean Resources, 2 Sisters Food Group Melco Holdings

2016-04-22 01:00:00| Food Processing Technology

Australian herbs and spices seller Botanical Food Company has been acquired by McCormick & Company in a A$150m ($115.45m) all-cash deal, which represents 12 times its EBITDA.

Tags: group company resources week

 

Deals this week: Callon Petroleum Company, Indian Oil Corporation, Hurricane Energy

2016-04-22 01:00:00| Offshore Technology

Callon Petroleum Company has announced the pricing for the public issue of 22 million shares to raise $187m. An additional 3.3 million shares are also available for underwriters through an over-allotment option.

Tags: company week corporation energy

 
 

World's Biggest Green Energy Company Files For Bankruptcy

2016-04-21 16:05:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Solar energy company SunEdison Inc filed for creditor protection on Thursday, making it one of the largest bankruptcies by asset value involving a non-financial company in a decade. Once the fastest growing U.S. renewable energy developer, SunEdison embarked on an aggressive acquisition strategy that left it struggling with $12 billion in debt as of Sept. 30.

Tags: company green files energy

 

Italian Meat Company Balances Tradition, Quality with Need for Greater Sustainability

2016-04-21 02:00:00| ThePigSite - Industry News

ITALY - A century-old salumi maker says sustainable and welfare-friendly processes are key to keeping its traditional products relevant to today’s consumers.

Tags: company quality greater italian

 

US rail company Norfolk Southern to reduce operations at Knoxville yard

2016-04-21 01:00:00| Railway Technology

US rail company Norfolk Southern (NS) is planning to reduce train operations in response to lower traffic volumes at its Knoxville, Tennessee, rail yard.

Tags: company reduce operations southern

 

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