Business

Danisco buy-out fails to dent DuPont Q2 earnings

Danisco buy-out fails to dent DuPont Q2 earnings

By Shane Starling

Dupont, which earlier in the year warned that its May $6.49bn acquisition of Danisco would dent its yearly profits, has defied expectations in second quarter results published today.

Nestlé pays out €1.2bn for a majority stake in Hsu Fu Chi

Nestlé pays out €1.2bn for a majority stake in Hsu Fu Chi

By Jane Byrne

Nestlé has paid out bought €1.2bn for a majority stake in leading Chinese confectionery maker Hsu Fu Chi, with the Swiss group flagging up access to extensive production capabilities and a major distribution network as its wins.

Moscow

Symrise: We opened in “record time” in admin-heavy Russia

By Shane Starling

German flavours giant Symrise said its longterm experience with exhaustive Russian paperwork via its Moscow sales and marketing office, allowed it to have its new Russian production facility open in “record time”.

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