General Mills (NYSE:GIS) reported that it has signed a definitive agreement to acquire Yoki Alimentos S.A., a privately-held food company headquartered in Sao Bernardo do Campo, Brazil.
General Mills currently expects the transaction to close during the first half of its 2013 fiscal year, which begins on May 28, 2012, after satisfaction of customary closing conditions.
Stephen F. Angel, chairman, president and chief executive officer of Praxair, Inc. (NYSE:PX) will address the Sanford C. Bernstein Strategic Decisions Conference in New York City on Wednesday, May 30 at 2:00 pm EDT.
Angel will discuss Praxairs growth strategies and business outlook.
Crown Equity Holdings Inc., (CRWE.OB) offers advertising branding and marketing services as a worldwide online multi-media publisher with its digital network of websites and focuses on the distribution of information for the purpose of bringing together a targeted audience and the advertisers that want to reach them.
CRWEs advertising services cover and connect a range of marketing specialties, as well as provide search engine optimization for clients interested in online media awareness.
CRWEs subsidiary Crown Tele Services Inc. (www.crownteleservices.com) is a provider of affordable, world class Voice over IP (VoIP) communications solutions .
Voice over Internet Protocol (VoIP) works over the Internet. The voice, which is in the form of analogue signals, is condensed and converted into digital IP packets, which are then transmitted via Internet rather than optical fibers as is the case with traditional public switch telephony network.
More about CRWE at www.crownequityholdings.com.
The International Court of Arbitration of the International Chamber of Commerce (the ICC) this morning released its findings in the arbitration case between The Dow Chemical Company (NYSE:DOW) and Petrochemical Industries Company of Kuwait (PIC) relating to the K-Dow transaction.
The ICC award holds that PIC was liable, and awards damages to Dow of $2.16 billion, not including interest and costs. Dow and PIC mutually agreed to resolve their contractual disputes through arbitration before the ICC, which is comprised of preeminent legal experts with experience in high-value commercial litigation. The award is final and binding.
Dow has been doing business with Kuwait for nearly 40 years. The Company's partnership with Kuwait, which includes several industry-leading joint ventures, remains strong and will continue to benefit both parties. Counsel for Dow was Shearman and Sterling.
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