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Yum CFO to leave in February, amid China spinoff

December 8, 2015 by · Leave a Comment 

LOS ANGELES (Reuters) – Yum Brands Inc Chief Financial Officer Patrick Grismer will resign effective Feb. 19, the parent of the KFC, Taco Bell and Pizza Hut restaurant brands said on Monday.

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Yum CFO to leave in February, amid China spinoff

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Low inflation to give biggest global pay boost in three years: study

December 8, 2015 by · Leave a Comment 

The slowing world economy looks set to get a boost from stronger consumer demand next year, as low inflation boosts the real value of workers' pay rises to a three-year high, a survey said on Tuesday. A plunge in oil prices has pushed inflation sharply lower, and means real wages are predicted to rise by an average of 2.5 percent…

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Low inflation to give biggest global pay boost in three years: study

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JAB-led investor group to buy K-Cup maker Keurig for $13.9 billion

December 8, 2015 by · Leave a Comment 

The transaction, pitched at a rich 78 percent premium to Keurig's Friday closing price, would be the biggest coffee acquisition by JAB, the investment vehicle of Germany's billionaire Reimann family, as it tries to become a formidable competitor to world coffee market leader Nestle SA. For Luxembourg-based JAB, the deal for the maker of K-Cup coffee pods “is a fantastic opportunity for them to be really a global player in the coffee market. The price represents a “demanding valuation” of about 15 times Keurig's earnings before…

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JAB-led investor group to buy K-Cup maker Keurig for $13.9 billion

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GE calls off Electrolux appliance deal amid U.S. antitrust fight

December 8, 2015 by · Leave a Comment 

By Simon Johnson and Diane Bartz STOCKHOLM/WASHINGTON (Reuters) – General Electric on Monday walked away from a $3.3 billion agreement to sell its appliances business to Sweden's Electrolux, terminating the deal after months of opposition from U.S. antitrust regulators. “The appliances business is performing …

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GE calls off Electrolux appliance deal amid U.S. antitrust fight