Lafarge to sell roofing business for $2.61 billion

Article Abstract:

Lafarge S.A. of France is to divest its roofing business to PAI Partners also of France for 1.96 billion Euros ($2.61 billion). The private equity firm will assume 420 million Euros in debt and pension committments. Lafarge S.A. is consolidating its cement and core businesses.

Investment Offices, Investment Companies, Open-End Investment Funds, Investment Funds & Trusts, Roofing, Siding, and Sheet Metal Contractors, Roofing & Sheetmetal Trades, Roofing, siding, and sheet metal work, Roofing industry, Company overview, Financial report, PAI Partners

Danone may sell cookie division for $7.22 billion

Article Abstract:

France's Danone Group will sell its cookie unit to US firm Kraft Foods Inc. for $7.22 bil, announcing that it plans to focus on products with a health-based emphasis. The deal enables Kraft to expand its European market.

FOOD AND KINDRED PRODUCTS, Bakery Products, United States, Food industry, DANONE Group, Baked products industry, Baked goods industry, Kraft Foods Inc., DA, Food and beverage production/distribution software

Legardiere agrees to buy Sportfire for $1.11 billion

Article Abstract:

Legardiere SCA of France is to purchase Sportfive, a Franco-German interest for 865 million Euros ($1.11 billion). Sportfive owns marketing and televised rights to soccer tournaments in Europe and Germany.

France, PRINTING AND PUBLISHING, Radio and Television Broadcasting, Advertising, Mass media industry, Marketing industry