Steinhoff International acquires 92.3 % in Pepkor of South Africa

Steinhoff International acquires 92.3 % in Pepkor of South Africa

Steinhoff  International Holdings of South Africa had agreed to acquire a majority stake in Pepkor, the investment holding company, in cash and stock deal for 62.8 billion rand ($ 5.7 billion).  Steinhoff, founded in 1965 and based in Johannesburg, is a manufacturer and retailer, which is focusing on furniture and household-goods markets in southern Africa,…

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JBS acquries Primo

JBS acquries Primo

JBS SA, the largest beef exporter in the world, has agreed to buy Australian processed foods producer Primo Smallgoods for $1.25 Billion.  The company will also acquire Grupo Big Frango, food company in Brazil, for 430 million reais ($ 165 million).  Primo Smallgoods is a leading ham, sausage and bacon producer in Australia and New…

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SunEdison and TerraForm acquires First Wind

SunEdison and TerraForm acquires First Wind

One of the leading developers of solar farms SunEdison acquires leading developer and operator of wind farms First Wind for $2.4 billion.  Boston’s First Wind is operationg renewable energy projects in the West, Northeast and Hawaii and  projects with combined capacity of nearly 1,300 megawatts for supplying more than 425 000 homes annualy. “We felt…

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Actavis acquires Allergan for $66 billion

Actavis acquires Allergan for $66 billion

Actavis announced on Monday to acquire Allergan for 219 per share in cash and Actavis shares – total valued $66 billion. “This combination will greatly enhance our U.S. and international commercial opportunities,” said Paul Bisaro, executive chairman of Actavis. The combined company will be led by Brent Saunders, President and CEO of Actavis. Paul Bisario…

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