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McCormick Scraps Takeover of Premier Foods

2016-04-13 18:05:00| Food Processing

Spice and herb seller McCormick abandons its takeover plan for British food maker Premier Foods following a review.

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Freixenet silent on takeover talk

2016-04-13 16:18:00| Daily beverage news and comment - from just-drinks.com

Spanish Cava producer Freixenet has declined to comment on a report it has received a takeover offer.

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McCormick walks away from Premier Foods' Mr Kipling share takeover

2016-04-13 14:47:23| Food - Topix.net

Shares in Premier Foods slumped by almost 30 per cent this morning after Schwartz spice firm McCormick & Company abandoned its takeover pursuit of the Mr Kipling cakes maker. The US firm walked away from the takeover tussle after having three bid approaches worth up to A 537million rejected by Premier, saying it could not pay a price that would be accepted by the UK group's board.

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McCormick walks away from Premier Foods takeover

2016-04-13 10:41:51| Food - Topix.net

McCormick & Co. has abandoned takeover talks with Premier Foods , stating it would not be able to propose a price that the company would agree on, while delivering appropriate returns for its own shareholders.

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Zhone agrees reverse takeover with Dasan Networks

2016-04-13 08:14:00| Telecompaper Headlines

(Telecompaper) Zhone Technologies announced a definitive agreement to merge with Dasan Network Solutions, a subsidiary of Korea's Dasan Networks. Zhone will acquire Dasan Network Solutions and in exchange will issue shares to Dasan Networks representing 58 percent of the combined company. The new company will be called Dasan Zhone Solutions and will have two co-CEOs, one appointed by Dasan Networks and the other by Zhone. Zhone said the deal will lead to a bigger customer base and product portfolio, making it a leading provider of broadband access, mobile backhaul, Ethernet switching and passive optical LAN products. 

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