A consortium led by private-equity giant Carlyle Group LP agreed Tuesday to buy the specialty chemicals business of Dutch paints giant Akzo Nobel NV for €10.1 billion ($12.6 billion) including debt, as competition among cash-rich buyout firms for bigger deals heats up.
Archive for March, 2018
A handful of Toys “R” Us stores will go on the block this week — and they are generating attention among retailers and real estate firms, alike.
Personalized nutrition is “the next big opportunity” for packaged food companies, said Stephanie Naegeli, global director of marketing and innovation food at Nestle S.A. “It’s also a huge challenge because what C.P.G. is traditionally really good at is producing the same product at scale,” Ms. Naegeli said during a panel discussion at the Future Food-Tech […]
The line between physical and digital in the grocery space continues to blur. And grocers are mistaken if they believe choosing one over the other is the key to winning.
Global mergers and acquisitions (M&A) had their strongest start ever in the first quarter of 2018, totaling $1.2 trillion in value, as U.S. tax reform and faster economic growth in Europe unleashed many companies’ dealmaking instincts.
GlaxoSmithKline (GSK.L) is buying Novartis (NOVN.S) out of their consumer healthcare joint venture for $13 billion, taking full control of products including Sensodyne toothpaste, Panadol headache tablets, muscle gel Voltaren, and Nicotinell patches.
The trade war between China and the United States is brewing with China announcing plans to impose duties on U.S. goods worth USD3 billion.
Economic growth was stronger during the final three months of 2017 than earlier estimated, but a key measure of U.S. corporate profits weakened against a backdrop of significant changes to the tax code. (This article requires a subscription to the Wall Street Journal. To subscribe, please click on the above link.)
BNSF Railway Co.’s $3.3 billion capital investment plan will put the railroad in a position to meet customers’ growth and service expectations this year, President and Chief Executive Officer Carl Ice told the Surface Transportation Board (STB) last week. Ice is one of two Class I executives to respond so far to the STB’s recent […]
Georgia Ports Authority and other officials on Monday broke ground on the $127 million Mason Mega Rail Terminal. The project will increase the Port of Savannah’s rail lift capacity to 1 million containers per year, and open new markets that will span an arc of cities from Memphis, Tennessee, to St. Louis, and from Chicago […]