greg-roumeliotis Archives | Canadian Cattlemen

Herbicide supplier Albaugh said to be exploring sale

By greg-roumeliotis August 30, 2017

Reuters — Albaugh LLC is exploring a sale that could value the privately held U.S. producer of agricultural crop protection chemicals at more than US$1.5 billion, including debt, according to people familiar with the matter. Albaugh, controlled by its 67-year-old founder Dennis Albaugh, is working with investment bank JPMorgan Chase and Co. to discuss a […] Read more

Crops, Reuters

BHP said exploring stake sale in Saskatchewan potash mine

By greg-roumeliotis, John Tilak August 25, 2017

Toronto/New York | Reuters — Anglo-Australian mining giant BHP Billiton is considering selling a 25 per cent interest in its Saskatchewan potash mine project, a stake that could be worth close to US$2 billion, people familiar with the matter told Reuters. The move comes as activist investor Elliott Management Corp. has been pushing the company […] Read more

Livestock, Poultry/Eggs, Reuters

Tim Hortons owner reported near deal to buy Popeyes

By greg-roumeliotis, Lauren Hirsch February 20, 2017

Reuters — Restaurant Brands International, owner of the Burger King and Tim Hortons fast food chains, is nearing a deal to acquire Popeyes Louisiana Kitchen, people familiar with the matter said Monday. The deal, which will likely value Popeyes at more than US$1.7 billion, is a bet by Oakville, Ont.-based Restaurant Brands that it can […] Read more

Crops, Reuters

Bayer clinches Monsanto with raised US$66 billion bid

By greg-roumeliotis, Ludwig Burger September 14, 2016

New York/Frankfurt | Reuters — German drugs and crop chemicals company Bayer has won over U.S. seeds firm Monsanto with an improved takeover offer of US$66 billion including debt, ending months of wrangling after increasing its bid for a third time. The $128 a share deal announced on Wednesday, up from Bayer’s previous offer of […] Read more

Crops, Reuters

Bayer sweetens Monsanto bid as talks enter final stretch

By greg-roumeliotis, Ludwig Burger September 5, 2016

Reuters — German pharmaceutical and crops manufacturer Bayer said on Monday that its negotiations with Monsanto had advanced, and that it was now willing to offer more than US$65 billion to acquire the world’s largest seeds company. Bayer’s announcement came as the gap in price expectations between the two companies has narrowed significantly, although important […] Read more

Crops, Reuters

Bayer sweetens offer for hesitant Monsanto

By greg-roumeliotis July 14, 2016

Reuters — German drug and crop chemical group Bayer on Thursday announced details of a sweetened US$64 billion bid for Monsanto as it tries to put the U.S. seed company under pressure to engage further. The move shows the two companies have made little progress in their negotiations since Monsanto rejected Bayer’s previous offer in […] Read more

Crops, Reuters

Bayer waiting for Monsanto to engage after spurned bid

By greg-roumeliotis June 10, 2016

Reuters — Monsanto, the world’s largest seed company, has still not opened its books more than two weeks after it rejected Bayer AG’s US$62 billion acquisition offer but left the door open to a possible deal, according to people familiar with the matter. The impasse shows that little progress in negotiations has been made since […] Read more

Crops, Reuters

Bayer offers to buy Monsanto in global ag chem shakeout

By greg-roumeliotis, Mike Stone May 19, 2016

Reuters — German drugs and chemicals group Bayer AG made an unsolicited takeover offer for U.S. seeds company Monsanto, aiming to create the world’s biggest agricultural supplier and integrate pesticides and seeds markets. Monsanto disclosed the approach on Wednesday before Bayer confirmed its move, though neither gave the proposed terms. Sources said Bayer would pay […] Read more

Crops, Fruit/Vegetables, Reuters

Tomato producer Mastronardi said seeking buyer

By greg-roumeliotis, Lauren Hirsch October 23, 2015

Reuters — Mastronardi Produce, an Ontario grower and distributor of hothouse tomatoes, peppers and cucumbers, is exploring a sale it hopes could value it at as much as $900 million, including debt, according to people familiar with the matter. Privately-held Mastronardi has hired Bank of Montreal (BMO) to run an auction process, the people said […] Read more

Crops, Markets, Reuters

PotashCorp withdraws takeover bid for K+S

By Arno Schuetze, greg-roumeliotis October 5, 2015

New York/Frankfurt | Reuters –– PotashCorp said Monday it had withdrawn its 7.9 billion euro (C$11.6 billion) offer for German potash producer K+S, citing a decline in global commodity and equity markets and a lack of engagement by K+S management. K+S shares dropped 24 per cent after Potash announced its decision in a statement, wiping […] Read more

Soybean cyst nematode confirmed in Manitoba

Safety advocates sound alarm over new U.S. hog slaughter rules

Tim Hortons retreats from Beyond

GFM Network News

Soybean cyst nematode confirmed in Manitoba

Safety advocates sound alarm over new U.S. hog slaughter rules

Tim Hortons retreats from Beyond

Author Archives greg-roumeliotis

Herbicide supplier Albaugh said to be exploring sale

BHP said exploring stake sale in Saskatchewan potash mine

Tim Hortons owner reported near deal to buy Popeyes

Bayer clinches Monsanto with raised US$66 billion bid

Bayer sweetens Monsanto bid as talks enter final stretch

Bayer sweetens offer for hesitant Monsanto

Bayer waiting for Monsanto to engage after spurned bid

Bayer offers to buy Monsanto in global ag chem shakeout

Tomato producer Mastronardi said seeking buyer

PotashCorp withdraws takeover bid for K+S

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