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Eridania Beghin-Say announce 2Q results

Eridania Beghin-Say, the French ingredients group, saw a 7.9 per cent increase in sales for the first half of 2000 compared to the same period...

Diageo reports strong drinks growth

Diageo Plc, the UK food and beverage group, reported a 2.7 per cent rise in annual profits yesterday. The combined beer and spirits business was...

Campbell Soup report plummet in profits

Campbell Soup Company, the world's largest soup maker, yesterday reported a loss in profits of 51 per cent in the fourth quarter ended July 30.....

Heinz shares drop

Shares in Heinz, the U.S food company, fell more than 5 per cent to $35.19 on Wednesday after news that its first-quarter sales dropped, the...

French minister hails European food diversity

French farm minister Jean Glavany wants tougher international rules to protect the diversity, quality and safety of European food such as Parma ham or Roquefort...

European Commission extends ruling on Unilever purchase

The European Commission said on Wednesday it had extended to September 28 its deadline to rule on Anglo-Dutch foods group Unilever's plan to buy Bestfoods...

New swine case in UK

EU vets are preparing to discuss the outbreak of classical swine fever in Britain as the disease has been confirmed on another farm. Around 1,000...

Proposed merger for National Foods in Australia

National Foods Limited in Australia is considering a merger with Dairy Farmers Co-operative in early September 2000, the European Dairy Magazine reported today. National Foods...

Iceland announce rosier results than anticipated

Iceland, the UK frozen-food supermarket operator, unveiled higher interimsales and profits than expected this week. The shares rose 10*p to 303p on Tuesday on news...

BSE report criticises ministers

An official 13-volume report on the BSE crisis in the UK criticises former conservative ministers and civil servants in their handling of the affair. The...

Seagram bidders increase

As many as six potential bidders for Seagram's drinks business have emerged since the Canadian company opened its books to prospective buyers, The New York...

Glaxo and SmithKline merger faces possible delay

Glaxo Wellcome and SmithKline Beecham face the possibility of a second delay to their proposed merger if they do not receive final clearance from the...

Heinz launch organic beans

In a recent announcement, Heinz, the US food products company, stated that it will launch organic versions of its most famous brands. Heinz Organic Tomato...

Carrefour slice online budget

Carrefour, Europe's biggest retailer, is to reduce its Internet investment and pursue partnerships to further its online shopping ventures, the Financial Times reported this week....

Unilever launch cholesterol lowering spread in Finland

Unilever, the Anglo-Dutch consumer products group, announced yesterday that it is to launch its Becel pro-active spread in Finland this week. Becel is to muscle...

Japanese Snow Brand dairy investigated

Japan's largest dairy products maker was raided this week by police. The move follows a massive food poisoning outbreak which left 14,800 people ill in...

US starch producer buys Starch Australasia

Penford Corp., a producer of speciality starches in NorthAmerica, is to purchase Starch Australasia Limited for US$58 million in cash. Starch Australasia, part of Gooder...

Del Monte buys jarred fruit

Del Monte Foods Co., the largest U.S. producer of canned fruit and vegetables, is to purchase Sunfresh, a jarred fruit business. Del Monte announced this...

Sara Lee sells stake in leather goods company

US consumer products group Sara Lee Corp., is to sell a stake in its leather goods company Coach. The company is to offer 7.38 million...

Keebler Foods bid starts

Bids for Keebler Foods Co., the second-largest biscuit maker in the U.S after Nabisco Inc., started this week. According to analysts the company is likely...

Fosters buys wine

Australian brewer, Foster's Brewing Group Ltd, announced yesterday that it is to purchase California-based Beringer Wine Estates Holdings Inc. for $1.14 billion. Fosters, which controls...

EU gives Bass the green light

Bass, the UK hotels and leisure group, announced this week that it had received clearance from the European Commission for the sale its brewing arm,...

Absolut owners may bid for Seagram

Vin & Sprit, the Swedish company that owns and makes Absolut vodka, may join the bidding for Seagram's drinks business, the Financial Times reported yesterday....

Lonza sells additives

Lonza, the Swiss speciality chemicals company, announced yesterday it is to sell its new additives plant in Singapore. The 70,000 tonne a year isophthalic acid...

Hercules, Pharmacia and Lehman in joint biogums venture

Hercules Inc., a world leader in hydrocolloids, announced recently an agreement with Lehman Brothers Merchant Banking Partners and Pharmacia Corp. to establish a new biogums...

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