Founding family sells Patak's
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Business & money: Britain's best-known Indian food brand is being sold to Associated British Foods in a deal thought to be worth more than Â£100m.
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GURGAON, India -- Pushing his cart through the gleaming, air-conditioned aisles of one of India's first supermarkets, Vikrant Mehta was relieved to buy his family's potatoes, mango chutney and hair oil "all under one roof."
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The company is raking in its own shares as it deals with the costs of refrigerating food.
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It's like witnessing the sale of the humble home in which you grew up and experienced all the changes of youth. It's like the shuttering of the neighborhood restaurant where your family always gathered to plan, celebrate, and sometimes mourn.
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Kaucuk (Kralupy nad Vltavou, Czech Republic), chemical company, has a new owner. It is the chemical company Dwory (Poland). Kaucuk has been sold by the petrochemical holding Unipetrol (Czech Republic) to the company Dwory for EUR 195 mil, about CEK 5.5 bil.
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Two venture capital firms have bought Captain D's, the nation's second-largest.   The price wasn't disclosed, but officials say the two firms, Maryland-based Grotech Capital Group and Charlesbank Capital Partners, have arranged for 100 (m) million dollars in financing.
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The manufacturer of Aga cookers is considering splitting its business and selling off part of it.
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EasyJet founder Stelios Haji-Ioannou and his family are likely to receive a windfall of about Â£100m from the sale of a New York-quoted shipping business which he established 12 years ago.
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An Indian businessman is set to complete a deal to buy Scottish whisky firm Whyte and Mackay for Â£550m.
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Travelocity takes off as its parent gets bought out.
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Another small, eco-friendly business is scooped up by a corporation.
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Diageo, the world's biggest spirits company, is selling most of its 20% stake in US food company General Mills to ease its Â£4.5bn ($8bn) debt burden.
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Rank Group PLC said Thursday it will sell its Hard Rock business, which includes the eponymous cafes, to the Seminole tribe of Florida for $965 million.
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BREWING giant SABMiller, which was pipped at the post by arch-rival Anheuser Busch in the race for China&#39;s Harbin Brewery earlier this year, has bought the business of Australia&#39;s Lion Nathan in the country.
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A brief look back at a group of IPO siblings provides lessons for investors now and in the future.
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San Miguel Corp., the largest food and beverage maker in the Philippines, agreed to buy National Foods Ltd., Australia&#39;s biggest dairy company, for A$1.78 billion ($1.4 billion), raising
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The San Miguel Corporation, the food and beverage conglomerate based in the Philippines, is discussing selling its stake in National Foods of Australia to the Kirin Holdings Company, the Japanese brewing company. San Miguel told the Philippine Stock Exchange that the talks with Kirin were preliminary. Kirin, one of the largest shareholders in San Miguel, confirmed that it was in early talks regarding investing in San Miguel, but said that nothing had been decided.