Consumer Goods & Retail Headlines

Fri, May 1 2015

Deals of the day- Mergers and acquisitions

May 1 - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday:

TABLE- Top-20 selling vehicles in U.S. in April

May 1 - The following are the 20 top-selling vehicles in the U.S. in April as reported by the automakers and ranked by total units. Top 20 selling vehicles in U.S. in April RANK VEHICLE Apr-15 Apr-14 PCT CHNG 1 Ford F-Series P/U 62,827 63,387 -0.9 2 Chevy Silverado-C/K P/U 45,978 42,755 +7.5 3 Ram P/U 37,921 36,674 +3.4 4 Toyota

Thu, Apr 30 2015

UPDATE 1-Clessidra buys control of Italian fashion label Cavalli

MILAN/PARIS, April 30 - Italian private equity fund Clessidra acquired control of fashion house Roberto Cavalli on Thursday for an undisclosed sum, concluding one of the longest running courtships in the luxury goods industry.

Aston Martin secures over $300 mln to fund new models

LONDON, April 30 - British luxury carmaker Aston Martin has raised 200 million pounds ($307 million) in an equity issue, backed by its major shareholders, to fund its expansion into crossovers.

CORRECTED-EQT picks adviser for German fashion group IPO - sources

FRANKFURT, April 30 - Private equity group EQT has picked an adviser for the planned divestment of its German women's fashion group CBR, two people familiar with the potential 1.2 billion euro ($1.34 billion) deal said.

UPDATE 1-OmniVision to be bought by Chinese investors in $1.9 bln deal

April 30 - OmniVision Technologies Inc, a maker of chips for smartphone and tablet cameras, agreed to be taken private by a group of Chinese investors for about $1.9 billion in cash.

Wed, Apr 29 2015

Caesars gets temporary extension to keep control of bankruptcy

CHICAGO, April 29 - A judge on Wednesday allowed the operating unit of Caesars Entertainment Corp to control its bankruptcy for another month, as creditors try to reach common ground with a court-appointed investigator probing the company's pre-bankruptcy dealings.

Tue, Apr 28 2015

Deals of the day- Mergers and acquisitions

April 28 - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday:

Icahn says Apple still undervalued

April 28 - Apple Inc remains undervalued and misunderstood, activist investor Carl Icahn tweeted, even as the company posted stellar quarterly results on Monday.

Advent's perfume chain Douglas attracts takeover interest-sources

FRANKFURT, April 28 - Buyout group Advent has attracted interest from strategic buyers and private equity groups for Douglas as it prepares a potential 3 billion euro ($3.28 billion) flotation of the German perfume retail chain, two sources familiar with the matter said.


Key retirements mean a changing of the guard next year in U.S. Congress

Regardless what voters decide in the November elections, there will be a major changing of the guard next year in the U.S. Congress as result of a number of key retirements.