Hospitality/Food
Impending state fire sale may sour Slovenian beer market- report
The Slovenian beer market may turn sour as the government plans a state fire sale of its assets in a bid to steady its finances and avoid a bailout, Reuters reported.
Spate of hotel IPOs underscores revival of hospitality industry- report
A report said the wave of hotel initial public offerings of Blackstone Group showcased a resurgence in one of the sectors that suffered the most during the recession, the hospitality industry.
Blackstone's La Quinta confidentially files for IPO in the US
Blackstone Group LP-backed hotel chain La Quinta Holdings Inc confidentially filed for an initial public offering (IPO) with the US Securities and Exchange Commission under the Jumpstart Our Business Startups (JOBS) Act.
Australia's Goodman Fielder exits biscuit business at loss to Green Foods for $17M
As part of its goal to offload non-core assets, Australia-based food company Goodman Fielder had sold its biscuit business at a loss to Green's Foods in a deal valued at $17 million.