By Olivia Oran and Soyoung Kim. The San Juan Bautista, California- based company, whose investors include private equity firm Kainos Capital, has hired Barclays to sell the company in a deal that could be worth $600 million to $700 million, the sources said on Monday.
The San Juan Bautista, California- based company, whose investors include private equity firm Kainos Capital, has hired Barclays to sell the company in a deal that could be worth $600 million to $700 million, the sources said on Monday. In July 2012, high-end juice maker Bolthouse Foods was acquired by Campbell Soup Co for $1.6 billion, about 11 times EBITDA.
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NEW YORK, May 3- With Friday's U.S. payrolls report serving as a springboard to lift Wall Street stock indexes to fresh all-time highs, investors are left to contemplate whether the gains will fizzle or if the upward momentum will continue.
NEW YORK, May 3- With Friday's U.S. payrolls report serving as a springboard to lift Wall Street stock indexes to fresh all-time highs, investors are left to contemplate whether the gains will fizzle or if the upward momentum will continue. said Art Hogan, managing director of Lazard Capital Markets in New York.
Executives from Monsanto Co., DuPont, and Dow Chemical, among the world's largest developers of biotech crops and the chemicals used to help produce them, told Reuters this week they are putting together a campaign aimed at turning the tide on what they acknowledge is a growing public sentiment against genetically modified organisms used as ingredients in the nation's food supply.
It could take another 120 days after that for the FDA to issue final approval, Stotish said. "We're hopeful that the FDA will conclude the process," he said. " If it gets a final go-ahead, it would be the first food from a transgenic animal, one whose genome has been altered, to be approved by the FDA.
LONDON, April 17- Tesco, Britain's biggest retailer, will exit its loss-making business in the United States, taking a $1.5 billion writeoff that caused its annual profit to fall for the first time in 20 years.