Newell plans to sell Waddington in $2.3B deal

Source: Dukascopy Bank SA
Newell Brands announced it was planning to sell Waddington Group, its plastic packaging business, in a deal worth $2.3B, reporting its shares rose 6% to $28.29 on the announcement.
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Mon, 07 May 2018 06:34:41 GMT

Nestle to pay Starbucks $7.15B in coffee alliance

Nestle has revealed the value of its tie-up with Starbucks, saying it would pay $7.15B to the US coffee company to market its products globally outside Starbucks' coffee shops.

Mon, 07 May 2018 05:03:48 GMT

OC Oerlikon seeks IPO for drive systems business in 2018

OC Oerlikon, the Swiss tech group, is preparing the IPO for its drive systems division by the mid-year, as it seeks raising cash for the other parts of the business, sources close to the issue reported.

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