Seventh Generation, a home and personal care products company, will be acquired by multi-national consumer goods company Unilever.
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The transaction is expected to be completed by the end of next month, subject to customary regulatory approvals.
The selling shareholders in the transaction will be Catamount Ventures, Generation Investment Management, Schooner Capital, and the management team.
British American Tobacco (BAT), has acquired 511,478 shares in Fabrika Duhana Sarajevo (FDS), a Bosnian tobacco products manufacturer, for BAM42.7m ($24.51m).
Purchased from Federacije Bosne i Hercegovine, the acquired shares represent a 39.9% stake in FDS.
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By GlobalDataAs part of the transaction, the British tobacco company will also acquire several of the company's tobacco assets and will be able to purchase the remaining shares at the same offer price in the future.
The transaction was completed through British American Tobacco’s fund named CID Adriatic Investments.
Paper and packaging firm, Powerflute, will sell its entire issued share capital to Nordic Packaging and Container (Finland) Holdings (Bidco) for £268m ($353.71m) in an all cash transaction.
As per the terms of the transaction, £0.9 ($1.18) a share will be paid in cash to all shareholders and option holders of Powerflute, which represents a 22% premium to the closing price on 14 September.
Nordic Packaging and Container (Finland) Holdings has chosen Madison Dearborn Partners to launch the bid.
Fabrinet has acquired Exception Global CEM Solutions (Exception EMS) for $13.5m in order to grow its business in the European markets.
Fabrinet is a leading provider of advanced optical packaging and precision optical, electro-mechanical and electronic manufacturing services based in Thailand, while Exception Global CEM solutions is a UK-based provider of electronics manufacturing services.
Image: Seventh Generation, a North American home and personal care products company, will be acquired by Unilever. Photo: courtesy of Seventh Generation.
