Nestle to acquire food-maker Osem Investments for $840 million
Nestle has decided to acquire the remaining stake of 36.3% in Osem and take the Israeli food company fully private. An offer of $840 million has been made to buy out the shares, and a shareholder meeting has been scheduled in March which should reveal the final decision arrived at by the company.
Argentine market regulator CNV rejects Braskem's bid for Solvay Indupa
Argentina's stock regulator CNV on Friday rejected Braskem's $1.35 per share bid to buy roughly 30% of the shares of plastics maker Solvay Indupa that are traded on the Buenos Aires bourse. CNV said t..
Lindsay to buy back up to $150M in stock, doubles quarterly dividend as US sales drop
Lindsay Corp, manufacturer of irrigation equipment, recently announced that it will repurchase $100 million to $150 million in stock and will increase its quarterly dividend to $0.26 per share...
Saudia to privatize four more businesses
Arabian Business said in its report that businesses of the state of Saudi Arabia, including Prince Sultan Aviation Academy and Saudia Private Airline, will be privatized soon...