Mission Produce buying Calavo for $430M
Two publicly traded Ventura County agribusinesses will be combining operations after Oxnard-based Mission Produce announced it is purchasing Santa Paula-based Calavo Growers in a cash-and-stock transaction worth $430 million. Under the terms of the deal announced Jan. 14, Mission agreed to pay Calavo stockholders $27 per share, comprised of $14.85 in cash and 0.9790 shares Read More →
Teledyne acquires UK’s DD-Scientific Holdings Limited
Thousand Oaks-based Teledyne Technologies, the tech and defense conglomerate, announced Jan. 14 the acquisition of DD-Scientific Holdings Limited and its subsidiary DD-Scientific Limited. DD-Scientific, founded in 2011 and headquartered in Fareham, United Kingdom, develops and manufactures high-performance gas sensors for critical applications in industries that demand absolute accuracy. Terms of the transaction were not disclosed. Read More →
MB&T, Baker Hill partnership helps small businesses
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Amgen snaps up Dark Blue for $840M
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American Riviera Bank opens lending center in Ventura
American Riviera Bank is expanding its presence along the Central Coast with the opening of its newest lending center in Ventura. Opened Jan. 2, the lending center is ARB’s first location in Ventura County. Located at 1280 S. Victoria Ave., the center will focus on commercial real estate lending, business loans, mortgage lending, and construction Read More →
Teledyne subsidiary to pay $1.5M to resolve false claims act
Teledyne RISI, also known as Teledyne Electronic Safety Products, announced that it has been agreed to pay $1.5 million to resolve allegations that it violated the False Claims Act by supplying aircraft parts to the military that did not meet contract specifications. Announced Jan. 5, Teledyne RISI is an aerospace and defense electronics company based Read More →
Mixed bag: Amgen is a star among region’s large caps
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