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UPDATE: Joe's jeans brand completes $80m sale
2015-09-15 13:04:55| Daily apparel & textile news and comment - from just-style.com
Joe's Jeans Inc has completed the $80m sale of its Joe's brand and business to Sequential Brands Group and Hong Kong based Global Brands Group.
Magna completes sale of interiors business to Grupo Antolin
2015-08-31 19:40:05| Canadian Plastics Headlines
Canadian automotive parts supplier Magna International Inc. has completed the sale of its interiors operations to Spanish auto parts manufacturer Grupo Antolin. The sale, for approximately US$525 million, was announced in April, and involves the production of headliners, interior trim… The post Magna completes sale of interiors business to Grupo Antolin appeared first on Canadian Plastics.
Tags: business
sale
grupo
interiors
Kratos Completes Sale of the U.S. and U.K. Operations of Its Electronic Products Division
2015-08-24 13:28:11| Telecom - Topix.net
Kratos Defense & Security Solutions, Inc. , a leading National Security Solutions provider, announced today that it has completed the previously announced sale of the U.S. and U.K. operations of its Electronic Products Division to Ultra Electronics Holdings plc for $260 million in cash plus up to $5 million for taxes incurred as part of the transaction, less a $2.0 million escrow to satisfy any purchase price adjustments and a working capital adjustment currently estimated as a net reduction of $7.6 million . The Company expects to pay $13 million in transaction-related costs and approximately $10 million in federal and state income taxes, resulting in net cash proceeds to the Company of approximately $232.4 million.
Tags: products
sale
electronic
operations
Mondi Group completes sale of Consumer Packaging plant in Germany
2015-08-24 07:00:00| Label and Narrow Web Breaking News
The sale enables Mondi to move away from supplying films to competitors of its Consumer Packaging business.
Tags: group
sale
germany
consumer
ADM Completes Sale Of Its Global Chocolate Business To Cargill
2015-08-04 09:48:18| Food - Topix.net
ADM COMPLETES SALE OF ITS GLOBAL CHOCOLATE BUSINESS TO CARGILL Aug. 4, 2015 Source: Archer Daniels Midland news release Archer Daniels Midland Company today announced that it has completed the sale of its global chocolate business to Cargill. "We are continuing to create shareholder value, whether through profitable growth-such as the recent expansion of our port network and the addition to our corn footprint in Europe-or by divesting businesses for which we don't see a long-term path toward achieving acceptable returns," said CEO Juan Luciano.
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