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Companies: Page 2

Campbell Soup to sell Kelsen Group for $300 million
Campbell Soup CompanyJuly 12, 2019 ET
Campbell Soup Company announced that it has signed a definitive agreement for the sale of Kelsen Group to a Ferrero affiliated company for $300 million, subject to customary purchase price adjustments.
Colgate announces agreement to acquire Filorga Skin Care Business in $1,690 million deal
Laboratoires Filorga CosmétiquesJuly 12, 2019 ET
Colgate-Palmolive Company announced that it has agreed to acquire the Laboratoires Filorga Cosmétiques (Filorga) Skin Care Business for an equity purchase price of €1,495.5 million (approximately US$1,690 million).
WPP to sell 60% of Kantar to Bain for $3.1bn
WPPJuly 12, 2019 ET
WPP said Friday that it has agreed to sell a 60% stake in its Kantar unit to Bain Capital Private Equity for around $3.1 billion, and that it plans to return 1 billion pounds ($1.25 billion) to shareholders.
Twitter suffers second service disruption in more than one week
TwitterJuly 12, 2019 ET
Twitter users Thursday found themselves unable to log onto the platform as the U.S. social media giant experienced the second service outage in a little over one week.
ABB will expand in North Carolina and create more than 400 jobs
ABBJuly 11, 2019 ET
ABB will expand in Orange County and create more than 400 jobs in North Carolina.
Toyota plans to build new SUV instead of Corolla in Alabama plant
Toyota plant in AlabamaJuly 11, 2019 ET
Toyota says it will scrap plans to build the Corolla compact car at a new factory under construction in Alabama.
Swiss Re suspends Kane’s £3 billion flotation of Reassure
Swiss ReJuly 11, 2019 ET
Swiss Re has suspended the £3 billion IPO of its UK zombie funds business ReAssure because of resistance from investors unhappy at its valuation.
Equinor announced floating wind plans in South Korea near natural gas field Donghae
EquinorJuly 11, 2019 ET
Norwegian energy giant Equinor has announced it has formed a consortium to build a floating wind project off the shores of South Korea.
Huawei builds first ever 5G network in Europe
MonacoJuly 11, 2019 ET
Chinese tech giant Huawei had built next-generation 5G mobile phone network in Monaco, making the sovereign city-state in the French Rivera the first European country to be fully covered by 5G.
Commission approves GlaxoSmithKline's acquisition of Pfizer's Consumer Health Business
GlaxoSmithKlineJuly 10, 2019 ET
The European Commission has approved the acquisition of Pfizer\'s Consumer Health Business by GlaxoSmithKline.
Iceland drives 500,000 pounds of extra sales with mobile coupons
IcelandJuly 10, 2019 ET
Iceland is claiming that it has driven £500,000 of in-store sales from mobile discount vouchers.
US announces significant relaxation of Huawei ban
Wilbur RossJuly 10, 2019 ET
The Trump administration has announced a significant relaxation of its restrictions on US companies selling to Huawei, saying the ban will only apply to products that are related to national security.
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