Centerview Capital invests in distiller of premium moonshine Ole Smoky Tennessee Moonshine. Private equity firm Centerview Capital made a significant equity investment in Ole Smoky Tennessee Moonshine.
Hospitality/Food
Sprig raises USD1.2 million in seed funding for healthy meal busines
Sprig recently closed its USD1.2 million seed funding round for the launching of its unique food delivery business.
Nestle to exit from bulk of Jenny Craig business to private equity firm
Food giant Nestle announced its intention to sell the bulk of its Jenny Craig business to private equity firm North Castle Partners.
Premier Foods seeks investment boost for Hovis
Heavily indebted UK bread manufacturer Premier Foods announced that it is looking for investors for its Hovis brand.
Shuanghui taps Goldman Sachs, Morgan Stanley, other banks in preparation for USD6 billion IPO
Thomson Reuters publication IFR earlier reported that Morgan Stanley, Goldman Sachs and Standard Chartered were among the banks hired by Shuanghui International Holdings in its upcoming IPO.
Latest News
The following bids, mergers, acquisitions and disposals were reported on Tuesday. The following bids, mergers, acquisitions and disposals were reported on Tuesday.
The use of smaller 20 centiliter bottles is sought to be the key to cornering the emerging African market.
The background of Daniel Dienst, the recently-appointed CEO of Martha Stewart Living Omnimedia Inc, caused industry observers to speculate a sale for the home decor company.
The following bids, mergers, acquisitions and disposals were reported on Friday The following bids, mergers, acquisitions and disposals were reported on Friday:- Hotel operator Hilton Worldwide Inc, owned by private equity firm Blackstone Group LP, is aiming to launch its initial public offering in the week of Dec.
The IDB investment in Saudi Arabia's cheese industry includes the acquisition of shareholdings and the construction of a cheese factory.
Hoteliers in UAE are in conflict as to the recommendation to impose a price ceiling on hotel rates. A hotelier in Dubai had called for the UAE tourism authority to introduce a ceiling on hotel rates to control the market.
Diwali, the Indian festival of lights, have caused Indians to loosen purse strings despite high inflation.
A regulatory filing showed that Yucaipa Cos has given a USD 261 million or USD 8 per share offer for Morgans Hotel Group Co.
French food group Danone and Russian firm Damate had yet to agree on the size of the investments to be made for the construction of new dairy farms to direct supply Danone's dairy factories.
