Overseas Firms Expected to Buy China’s Largest Food Processor
April 14, 2006
Goldman Sachs Group Inc.’s buyout arm and CCMP Capital Asia Pte Ltd. have submitted bids to purchase Henan Luohe Shuanghui Industry Group Co. from China, a deal that would be the second largest takeover of a consumer business this year by a non-Chinese company.
Recent News
Peloton CEO Steps Down and Layoffs Begin
Peloton, the popular fitness technology company, has announced significant changes in its leadership and organizational structure.
California Restaurants Must Start Eliminating Special Surcharges
Starting July 1, California is changing the game for restaurant bills.
T-Mobile Now Owns Ryan Reynolds-Backed Mint Mobile
The deal is worth upwards of $1.35 billion.
Chipotle Is Giving Away Over $1 Million in Burritos to Healthcare Workers
In acknowledgment of the tireless contributions of healthcare workers, Chipotle Mexican Grill has announced a notable gesture of appreciation: the distribution of 100,000 free burrito e-cards.