Saudi food giant Almarai may buy a US$1.5bn stake in the UAE’s National Food Products Company (NFPC), as the Saudi firm ups its dividend payment and plans to boost its equity.
DSM has tendered its 4.95 per cent stake in Danish ingredients firm Danisco, after buyer DuPont raised its offer to DKK700 on Friday following discussions with major shareholders.
DuPont has increased its bid for Danish ingredients firm Danisco by 5.3 per cent to DKK700 per share, and has set a final deadline of May 13 for 80 per cent of shares to be tendered.
Even if Kraft intends to increase its bid for Cadbury, its latest offer has probably managed to upset both the board and shareholders, says Andrew Wood, senior research analyst at Sanford C. Bernstein.
ReGen Therapeutics has raised £1.1m through a share placement to
boost commercialisation of its Colostrinin nutraceutical for
cognitive decline and help fund pharmaceutical development.
On the back of robust results US agri-giant ADM posted its 288th
consecutive quarterly payment this week, declaring a cash dividend
of six cents a share.
Frucor's independent directors are standing firm in their rejection
of the takeover offer from French giant Groupe Danone, reports the
New Zealand Herald this week.
The directors of New Zealand drinks maker Frucor Beverages said on
Thursday they were maintaining their recommendation to shareholders
not to accept a takeover offer from French food group Danone.
Danone SA, the French food company, is to pay 123 million euros
($108.6 million) to buy out minority shareholders in
Brussels-listed Mecaniver SA, the...
French food giant Danone, producer of brands such as Evian and
Kronenbourg, has bought a 5 per cent stake in Shanghai Bright Dairy
& Food, a food unit...
