Pet and consumer foods manufacturer Del Monte Foods Company has agreed to $5.3 billion acquisition proposal by a group of private equity firms including Kohlberg Kravis Roberts & Co (KKR). KKR along with Vestar Capital Partners and Centerview Partners have offered $19 a share in cash for the food company, Del Monte said in a press statement. The transaction, which was unanimously approved by Del Monte's board of directors, is valued at about $5.3 billion.
The 97th Academy Awards are live in Hollywood, California, and the biggest stars are looking even more glamorous on the red carpet.
When you heart would like to throw health to the winds and craves for bite-sized treats that are packed with in unhealthy calories.
You'll be spoilt for choices with these varieties.
Companies from Nestle and ITC to Hindustan Unilever and Patanjali have pledged to reduce use of unhealthy ingredients by five to 50 per cent
Bharti Retail launched its first mall, The Pavilion, in Ludhiana.
The usage of PET bottles by a handful of wine makers is set to take the drink to the masses, thanks to a packaging solution offered by Manjushree Technopack Ltd, a Bengaluru-based manufacturer of PET bottles and performs.
The company received a fresh equity infusion in 2012-13.