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Cargill gains approval for ADM deal that includes Milwaukee's Ambrosia chocolate
2015-07-17 19:03:23| Agriculture - Topix.net
About 245 workers at the Ambrosia chocolate plant in Milwaukee will move onto the payroll of Cargill Corp. through the close of a deal between the Minneapolis-based food processing company and Archer Daniels Midland Co. Cargill said Friday that the European Commission granted conditional clearance for the $440 million purchase from ADM announced in September 2014, the final regulatory hurdle for the transaction that includes the Ambrosia cocoa processing plant at 12500 W. Carmen Ave. Cargill acquires ADM's chocolate business, including plants in Pennsylvania, the U.K., Belgium and Germany.
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Deal of the Week: Middletown pays $1.6M for AK Steel site
2015-07-17 12:24:40| Steel - Topix.net
Behind the deal: The city of Middletown purchased a development site for the new $36 million AK Steel Research & Innovation Center that is now under construction and scheduled for completion in the latter part of 2016.
Cherokee signs licensing deal for Canada and US
2015-07-17 12:04:02| Daily apparel & textile news and comment - from just-style.com
Cherokee Global Brands has entered into a license agreement with Canadian clothing firm NTD Apparel for its Everyday California brand.
Shareholders approve Samsung deal paving way for succession
2015-07-17 09:25:17| Electronics - Topix.net
Employees walk past a logo of Samsung Group at the head office of Samsung C&T Corp. in Seoul, South Korea, Friday, July 17, 2015. Samsung shareholders approved Friday a highly contested deal that strengthens the Samsung family's grip on the world's largest smartphone maker.
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Shareholders approve Samsung deal paving way for succession
2015-07-17 07:21:53| Semiconductors - Topix.net
In this June 23, 2015, Lee Jae-yong, vice chairman of Samsung Electronics Co., arrives to attend a press conference at the company's headquarters in Seoul, South Korea. A vote on combining companies in the Samsung empire is pitting South Korea's richest family against small shareholders and foreign investors.
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