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Middleby Corp (MIDD.OQ)

MIDD.OQ on NASDAQ Stock Exchange Global Select Market

124.35USD
26 Sep 2016
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Latest Key Developments (Source: Significant Developments)

The Middleby Corporation announces new credit facility
Wednesday, 3 Aug 2016 05:00pm EDT 

The Middleby Corp : The Middleby Corporation announces new credit facility . New facility bears an interest rate of libor plus a margin of 1.50 pct, which is adjusted quarterly based upon company's leverage ratio . Entered five-year $2.5 billion multi-currency senior revolving credit deal, with potential under certain circumstances to increase to $3 billion . Facility replaces company's pre-existing $1.25 billion senior revolving credit facility .New facility provides for availability to fund acquisitions and share repurchases.  Full Article

The Middleby Corp Q1 earnings per share $0.96
Wednesday, 11 May 2016 06:28pm EDT 

Middleby Corp : The middleby corporation reports first quarter results . Q1 earnings per share $0.96 . Q1 sales $516.4 million versus i/b/e/s view $515.6 million .Q1 earnings per share view $0.84 -- Thomson Reuters I/B/E/S.  Full Article

Middleby Corp announces completion of AGA Rangemaster Group plc acquisition
Tuesday, 29 Sep 2015 08:00am EDT 

Middleby Corp:Announced the completion of the acquisition of AGA Rangemaster Group plc consistent with the previously disclosed terms of 1.85 pound per share or 129.2 million pounds, or about $200 million.  Full Article

Middleby Corp announces offer for AGA Rangemaster Group Plc
Wednesday, 15 Jul 2015 02:00am EDT 

Middleby Corp and AGA Rangemaster Group Plc:Say terms of recommended cash acquisition by Bidco (a wholly owned subsidiary of Middleby) for entire issued and to be issued ordinary share capital of AGA to be implemented by means of scheme or, if Bidco so elects and takeover panel consents, takeover offer (acquisition).Say under terms of acquisition, AGA Shareholders will receive: 185 pence in cash for each AGA Share.Say acquisition values entire issued and to be issued share capital of AGA at about 129 million pounds.  Full Article

Middleby Corp acquires Induc Commercial Electronics Co Ltd
Monday, 1 Jun 2015 06:00pm EDT 

Middleby Corp:Has acquired the assets of Induc Commercial Electronics Co. Ltd.  Full Article

Middleby to acquire marel high speed slicing business unit
Monday, 23 Feb 2015 09:00am EST 

Middleby Corp:To acquire the assets and the manufacturing facility of the High Speed Slicing business unit of Marel, based in Norwich, United Kingdom.Middleby will rebrand these products under the original trademark Thurne, and will continue to manufacture the broad line of high speed slicers and integrated slicing systems.Closing of the transaction is scheduled to take place prior to the end of the first quarter of 2015.  Full Article

Middleby Corp acquires Marsal & Sons, Inc.
Tuesday, 10 Feb 2015 08:30pm EST 

Middleby Corp:Says that it has acquired the assets of Marsal & Sons, Inc., manufacturer of deck ovens based in Lindenhurst, New York.  Full Article

Middleby Corp to acquire australia based Goldstein Eswood
Tuesday, 23 Dec 2014 06:10pm EST 

Middleby Corp:Says that it will acquire Goldstein Eswood, a commercial equipment manufacturer based in New South Wales, Australia.Terms of the transaction were not disclosed.  Full Article

Middleby to acquire Desmon Food Service Equipment Company
Monday, 22 Dec 2014 08:00am EST 

Middleby Corp:Says acquisition of Desmon Food Service Equipment Company.  Full Article

Middleby Corp to acquire U-Line Corporation
Tuesday, 14 Oct 2014 09:15am EDT 

Middleby Corp:Announced that it has entered into a definitive agreement to acquire the U-Line Corporation (U-Line).  Full Article

BRIEF-The Middleby Corporation announces new credit facility

* New facility bears an interest rate of libor plus a margin of 1.50 pct, which is adjusted quarterly based upon company's leverage ratio