Bunge has announced that it has completed its previously announced
acquisition of an approximately 55 per cent controlling stake in
Cereol, a leading oilseed processor and unit of Edison, for €449.2
AN SA packaging group, with a turnover of R18 billion (€1.78bn) a
year, is due to emerge from the Nampak-Malbak merger, which crossed
its last major hurdle yesterday when Malbak shareholders approved
the R1.97bn transaction.
Irish packaging group Jefferson Smurfit is set for takeover by a US
private equity group following shareholder approval of the bid
earlier this week. The acquisition comes as the company announced a
decline in pre-tx profits for the...
The latest twist in the on-going sale of Irish packaging company
Jefferson Smurfit is that private equity firm Texas Pacific has
confirmed that it is considering a counter bid for the group -
according to a report in the Independent.
Irish investors have sharply criticised Jefferson Smurfit, the
Dublin-based paperboard and packaging company, for its willingness
to accept a €3.7 billion takeover bid from Madison Dearborn
Partners, the US private equity firm.
Jefferson Smurfit, the Dublin-based paper and packaging group,
could become the centre of a takeover battle after a last minute
approach from David Bonderman, chairman of the low-cost carrier
Ryanair and chief executive of the investment...
Cascades, the Canadian-based packaging provider, has filed a public
buyout offer with French market authorities for the remaining
shares in the French company Cascades S.A. that it does not already
The steady performance of the packaging industry during the recent
stock market turmoil is now a recognised phenomenon. Now more and
more financial advisors and analysts are recommending that a safe
bet for steady growth returns is...
A recent report published by The Wall Street Transcript reveals
that the packaging sector, and in particular food packaging, is
currently a steady investment because of its almost guaranteed
Packaging Dynamics, the producer of specialty bags and wraps for
the food service, supermarkets, bakery and retail industries, is
preparing for life as a separately quoted company once its parent,
Ivex Packaging Corporation, completes...
French fresh and processed vegetables group Bonduelle has announced
a 34 Per cent increase in the value of its shares on the stock
exchange since January 2002, which it claims have been achieved
thanks to investments in logistics...