Lion Nathan formally withdrew its two-tier offer for the shares of
winemaker Montana, leaving the field clear for its rival Allied
Domecq to buy more stock in the bitterly contested battle for
control of the wine company.
H. J. Heinz Company and Kagome Company Limited of Japan signed
agreements for a strategic alliance whose goal is to enable both
companies to explore ways to align their global operations and
product portfolios to accelerate sales...
Chiquita Brands International Inc., the number one banana producer,
reported on July 24 a second-quarter loss due to weak European
currencies, higher production costs and lower canned vegetable
17 US states said they have entered into a second agreement with
the French-German biotechnology group Aventis CropScience to
compensate farmers whose corn was tainted by the company's
gene-altered StarLink variety.