Tyson Foods on Thursday announced a definitive agreement to acquire the Thai and European operations of BRF S.A. The $340 million (USD) purchase includes four processing facilities in Thailand, one processing facility in the Netherlands and one processing facility in the United Kingdom. This deal builds on the company’s growth strategy to expand offerings of value-added protein in global markets.
Continue reading »
Tyson Foods has reportedly been in talks about potentially buying privately owned Livingston, California-based Foster Farms for approximately $2 billion, people familiar with the situation told CNBC. Neither Tyson Foods nor Foster Farms have specifically commented on the talks and Tyson said it does not comment on rumors or speculation.
Continue reading »
U.S. regional lender BB&T Corp. will buy rival SunTrust Bank Inc. for approximately $28 billion in stock, unveiling the largest bank deal since the 2007-2009 financial crisis and a potential first step in a long-awaited wave of consolidation in the sector, according to a Reuters report.
Continue reading »
Recent Comments