Lotte Confectionery Co Ltd to Acquire Rakhat JSC

Lotte Confectionery Co Ltd announced that it will acquire 3,600,000 shares of Rakhat JSC, which is mainly engaged in the production and sales of confectionery, for KRW 177,873,905,060, to expand market. After the transaction, the Company will hold 3,600,000 shares, or 100% of Rakhat JSC. The...

Monday, 1 Jul 2013 11:48pm EDT

COFCO Tunhe Co Ltd and Subsidiary Complete Acquisition of Business

COFCO Tunhe Co Ltd announced that it has completed the acquisition of sugar import and export business as well as related assets from COFCO Corporation group companies on June 28, 2013. According to the announcement, the Company has acquired sugar business and related assets from COFCO Corporation...

Monday, 1 Jul 2013 08:00pm EDT

Henan Shuanghui Investment & Development Co Ltd Announces FY 2013 H1 Net Profit Outlook

Henan Shuanghui Investment & Development Co Ltd announced that it expects its net profit for the first half of fiscal year (FY) 2013 to be RMB 1,630,000,000 to RMB 1,700,000,000, or to increase by 59.08% to 65.92%, compared to the net profit of the same period in FY 2012 (RMB 1,024,610,000). The...

Monday, 1 Jul 2013 08:00pm EDT

TreeHouse Foods Inc Completes Acquisition Of Cains Foods L.P

TreeHouse Foods Inc announced it has completed the previously announced acquisition of Cains Foods, L.P., a privately owned Ayer, Mass. based manufacturer of shelf stable mayonnaise, dressings and sauces, with approximately $80 million in annual revenue. The Cains product portfolio offers retail and...

Monday, 1 Jul 2013 04:01pm EDT

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