Premier Foods Agrees to Buy RHM
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Premier Foods PLC said Monday it will buy RHM PLC for 1.23 billion pounds in cash and shares to create Britain's biggest food producer.Comment
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Concrete maker RMC is set to be bought by Mexican rival Cemex in a deal valuing it at around Â£2.3 billion, it was announced today.
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Kraft Foods Inc. said Thursday it agreed to sell its UK desserts business to Premier Foods PLC for $135 million. Kraft said the transaction, which is subject to required approvals, is expected to close in the first quarter of 2005.
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Friedman, Billings, Ramsey Group Inc. of Arlington agreed yesterday to buy a Florida mortgage lender in an effort to improve the profit on its large portfolio of mortgage assets.
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Prime Hospitality, a Fairfield company that operates AmeriSuites, Wellesley Inns and Suites and Prime Hotels, said yesterday it has agreed to be acquired by the Blackstone Group, a private equity group, for $590 million, plus assumed debt.
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The knee and ankle brace maker said it agreed to be bought by the medical device maker ReAble Therapeutics for about $1.6 billion including debt.
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San Miguel, the largest food and beverage maker in the Philippines, said Thursday that it had agreed to buy National Foods, Australia&#39;s biggest dairy company, for 1.78 billion Australian dollars, or $1.4 billion, raising the prospect of a bidding war with
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Fisher &amp; Paykel Appliances Holdings Ltd., New Zealand&#39;s biggest home appliances maker, agreed to buy Dynamic Cooking Systems Inc.
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Sonic Healthcare Ltd., Australiaâs top pathology group, said Friday it had agreed to buy Sunrise Medical Laboratories.
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Food producers and government sign an agreement to freeze prices for a range of basic foodstuffs.
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The Dutch retail giant Ahold said Tuesday it had finalised the sale of its US division US Foodservice to private equity funds Clayton, Dubilier, Rice and Kohlberg Kravis Roberts for 7.1 billion dollars (5.2 billion euros).
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UK brewer Scottish & Newcastle agrees to be bought by Heineken and Carlsberg for Â£7.8bn.
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The Royal Bank of Scotland agreed Monday to buy a majority share of US broker Sempra Commodities for 1.35 billion dollars (991 million euros) as part of a joint venture with parent company Sempra Energy.
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Premier Foods, the manufacturer of foods with long shelf lives, is to acquire Bird&#39;s, the best-selling custard brand that has drenched countless dishes of jam sponge and spotted dick during its 167-year history.
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Nestle SA, the world's biggest food and drink company, will buy the medical nutrition unit of pharmaceutical company Novartis for $2.5 billion, the companies said Thursday.
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The foods division of retailer La Rinascente SpA is being sold to French supermarket retailer Auchan SA in a deal worth 1.06 billion euros (&#36;1.36 billion).
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Repco Corp., the largest retailer of car parts and accessories in Australia and New Zealand, agreed to buy Alesco Corp.&#39;s automotive division for A$89.5 million ($68 million).