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Topps appoints Michael Brandstaedter as CEO

October 24, 2016

The Topps Company, Inc., a leading creator of confectionery, sports cards and entertainment products, today announced the promotion of Michael Brandstaedter to Chief Executive Officer. In the new position, Brandstaedter will retain the title of President and focus on advancing the evolution of Topps’ iconic..

Bel Group acquires the MOM Group from LBO

October 24, 2016

The Bel Group and the MOM Group’s management team on October 20, 2016 signed an agreement with LBO France to acquire the MOM Group. Under the agreement, Bel will become MOM’s majority shareholder with 65% of ordinary shares, while MOM’s management will hold the remaining..

US Foods to cut jobs amid corporate restructuring

October 24, 2016

Food distributor US Foods Holding Corp. plans to eliminate hundreds of jobs as part of a restructuring of its corporate headquarters near Chicago, according to people familiar with the company’s plans. The nation’s second largest provider of food and other supplies to restaurants and cafeterias..

St Jude Medical, Abbott to divest vascular closure, electrophysiology assets

October 24, 2016

Abbott and St. Jude Medical, Inc. announced an agreement in principle to sell certain products to Terumo Corporation. The transaction reflects a purchase price of approximately $1.12 billion and is subject to the successful completion of Abbott’s acquisition of St. Jude Medical and antitrust regulatory..