Goldman Sachs

If the deal completes, it will mark the end of a highly protracted sale process which has been surrounded by rumour and speculation from the start. © iStock.com

Emaar boss leads $2bn purchase of Americana

By Eliot Beer

The sale of Kuwaiti food giant Americana is finally going ahead, as GCC investors buy 69% of the firm for a rumoured US$2bn (€1.79bn) after nearly two-years of negotiations.

Where next for ingredients since Cognis and National Starch?

Where next for ingredients since Cognis and National Starch?

By Jess HALLIDAY

‘Billion dollar deal’ was not a phrase bandied about the food ingredients industry much last year. With BASF buying Cognis for €3.1bn and Corn Products International paying $1.3bn for National Starch, M&A looks to be thawing – but best not get over-excited...

Danisco seals Chinese deal

Danisco seals Chinese deal

Danish sugar and ingredients firm Danisco closes on its xanthan gum
production deal in China, consolidating the firm's stabiliser
presence in this emerging market. Just days after the firm posted a
weaker third quarter as higher...

Price soars for soy

Price soars for soy

A recent round up from Goldman Sachs reveals that agriculture
returns fell 0.7 per cent in September led by wheat and corn, with
soybeans facing increasing price pressure.

Bids for Bestfoods

Bids for Bestfoods

Unilever, the Anglo-Dutch consumer products giant, is understood to
have received three bids of $1.4bn-$1.6bn on Monday for the US
bakery business it...

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