French frozen baking industry leader Europeene des Desserts was recently bought out by Equistone Partners Europe Ltd's Fund IV.
Hospitality/Food
Judge approves auction procedure for Tesco subsidiary retailer
The procedures for the Nov 19 auction had been approved by a bankruptcy court. US supermarket chain Fresh and Easy Neighborhood Market Inc won approval in court of its scheduled Nov.
Reser's issues voluntary recall
Reser's Fine Foods issued a recall of 109,000 refrigerated products for Listeria monocytogenes contamination.
Safeway shares jump on buyout reports
Shares of Safeway Inc increased by almost 9% after buyout reports started to circulate. Shares of supermarket chain Safeway Inc increased after reports that a private equity firm-led buyout was in the works.
JCPenney returns shares and board seat in Martha Stewart Living
In a bid to get past the Macy's suits filed against the retailer and Martha Stewart, JCPenney had decided to amend the agreement it had entered into with Martha Stewart Living Omnimedia.
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Invest AD, the distribution firm for Red Bull Energy Drink, was recently bought by Mezzan Holding Co to expand its consumer related business portfolio.
Hutchison Whampoa would be considering a spinoff for its AS Watson Group unit after it failed to find a buyer for its ParknShop chain.
Paul Zahra would be leaving his job as the CEO of department store chain David Jones Ltd. Chief Executive Officer Paul Zahra of David Jones Ltd would be quitting his job in Australia's second-biggest listed department store David Jones Ltd.
Chipotle Mexican Restaurant had attributed its growth in the S&P500 to internal improvements undertaken.
US retailer Walmart fired and then gave an employee his job back after he helped woman who was assaulted in a company store parking lot.
People familiar with the bidding of ParknShop told Bloomberg that the Charoen Pokphand Group and Woolsworths Ltd were considering of abandoning their bids for the supermarket chain.
A rise in acquisitions in Australian and New Zealand farms and assets had been seen recently. The bidding war over Warrnambool Cheese and Butter Factory Company Holdings Ltd had fanned investor fever of acquisitions in dairy farms and companies over Australia and New Zealand.
Warrnambool Cheese and Butter Factory Company Holdings Ltd received its third and bigger acquisition offer from Murray Goulburn Co-operative Co Ltd.
According to its CEO, Dianping.com's value is higher than Groupon and Yelp or about USD10 billion.
