Archives for October 25, 2012

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PolyOne’s deal for Spartech questioned

A number of US law firms are investigating PolyOne’s $246m takeover of Spartech Corporation after claims the board of Spartech failed to obtain the optimum value for the shares.

Grupo Bimbo net profit slumps 83% for Q3

By Kacey Culliney

High raw material prices and costly integration of Sara Lee operations led to a sharp net profit slump for Mexican bread titan Grupo Bimbo in the third quarter (Q3).