Food and consumer goods maker Sara Lee Corp. said on Monday it will
buy No. 2 U.S. bakery Earthgrains Co. for about $1.7 billion in
cash, gaining distribution...
Cereal and sports-drink maker Quaker Oats Co. on Monday gave
proposed buyer US drinks giant PepsiCo Inc., an additional 30 days
to sell its All Sport...
The American beverage group Coca-Cola is expected to modify the
terms of its $4bn juice-and-chips joint venture with Procter &
Gamble after criticism...
Carbonated soft drinks, with about 80 per cent of sales, still
control the non-alcoholic drink market in the US. However, water is
becoming a bigger...
Australian brewing giant Lion Nathan Ltd has been ordered by New
Zealand regulators to cede control of winemaker Montana Group NZ
for breaching takeover...
Südzucker, Europe's biggest sugar group, is in talks on two deals
that would see it extend its European market leadership in sugar
and end an unprofitable...
On June 28, Europe's largest fish restaurant operator Nordsee AG
postponed its already-delayed initial public offering, due to
rapidly deteriorating...
Spanish anti-corruption prosecutors have asked the High Court to
investigate sugar company Azucarera Ebro Agricola for suspected
violation of European...
Americans are more aware of genetically modified food than they
were six months ago, but confidence in the ability of government
regulators to manage...
On June 26, Kroger, one of the largest grocery retailers,
reaffirmed its outlook for 16 to 18 per cent earnings growth this
year, despite the strong...
The Irish food group Kerry announced on June 25 that it had
received backing from the board of Golden Vale for a Euro252m
agreed offer for the rival...
On the third day of the Institute of Food Technologists 2001 Annual
Meeting in New Orleans the IFT reported that attendance figures
were up from last...
On June 25, the Anglo-Dutch consumer products giant Unilever
recognised that the imminent introduction of the euro single
currency had helped accelerate...
On June 25, the Australian grocery group Foodland Associated Ltd.
announced it would pay US$81m for 36 Franklins supermarkets and two
warehouses outside...
On June 22, the American consumer products group Sara Lee pleaded
guilty in federal court for selling hot dogs and meats in 1998 that
were contaminated...
On June 22, ConAgra Foods, the American food and agribusiness
group, reported its fourth-quarter earnings would be sharply below
expectations because...
The main creditor of South Korea's Haitai Confectionery said on
June 22 that it had agreed to sell the insolvent firm to a UBS
Capital-led consortium...
On June 21, Grupo Calvo, the Spanish tuna processing company, said
it plans to invest some $60m to build a processing plant and
install two new tuna...
On June 20, the German pharmaceutical group Merck KGaA announced
that its Japanese generics unit, Merck Hoei Ltd, has agreed to buy
a research institute...
National Foods Ltd, one of Australia's three largest dairy
processors, said on Thursday it would consider bidding for the 50
per cent of New Zealand Dairy...
Investment bank Dresdner Kleinwort Wasserstein on Wednesday put its
weight behind Anglo-Dutch household goods maker Unilever Plc,
raising its price target...
Danish sugar and food ingredients group Danisco on Wednesday posted
a slight drop in year earnings but still beat expectations and
forecast sustained...
Irish food group Greencore Plc said on Wednesday that it has signed
a long-term agreement to supply malt to Interbrew, the world's
second largest brewer.
The widening gap between PepsiCo Inc. and its proposed acquisition
target, Quaker Oats Co., has left investors wondering whether
government regulators...
Coffee consumption was multiplied by five in the last 100 years.
Brazil, which once dominated 80 per cent of this sector, had a
timid growth performance...
A Democratic senator from South Dakota urged the Bush
administration this week to review the expected merger of poultry
giant Tyson Foods Inc. and meat...
Bill Johnson, chief executive of HJ Heinz, the American consumer
food group, announced on June 14 that he was not ready to abandon
its tuna business,...
The Japanese non-alcoholic beverage company Kirin Beverage is
reaching back to the most traditional of Japanese refreshments:
tea. After a long dependence...
Shares of Tata Tea Ltd, India's largest tea producer by volume,
slumped 4.9 per cent in a flat market on Wednesday, reacting to the
20 per cent fall in...
Zentaris, the biotechnology branch of Degussa, the German chemicals
group, has postponed its initial public offering until further
notice, adding further...
Kraft Foods Inc., an American branded foods and beverages company,
announced that it has signed an agreement with Cadbury Schweppes
Australia Limited...
Dole Food Co., the largest U.S. fresh fruit and vegetable producer,
on Monday forecast improved second quarter earnings benefiting from
cost cutting measures.
