Nestle Japan is seeking to reassure consumers who discovered that
the company is using surplus stocks of old instant coffee products
to make new products.
Major institutional shareholders in Europe's leading baker Kamps
agreed on Wednesday to accept a €1.76 billion euro takeover bid
from Italian pasta giant Barilla, Reuters reports.
Smithfield Foods, the largest US pork producer, said fiscal
third-quarter profit beat analysts' estimates, as results were
boosted by sales of higher-margin branded products like
ready-to-eat meats.
US flavour group Technology Flavors and Fragrances, Inc. has
entered into a letter of intent to merge with another flavour and
fragrance company Belmay Holding Corp., the two companies announced
on Wednesday.
Tyson Foods Inc. said it had completed its tender offer for beef
processor IBP Inc., bringing closer to fruition an exhaustive
takeover bid that included temporary cancellation of the deal and
shareholder lawsuits.
Archer Daniels Midland Co. said on Monday that fiscal
fourth-quarter net earnings fell 6 per cent as the company took a
hit on higher energy costs and losses from some securities
transactions.
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...
Australian brewing giant Lion Nathan Ltd has been ordered by New
Zealand regulators to cede control of winemaker Montana Group NZ
for breaching takeover...
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...
Novartis, the Swiss drugs company, said on Monday it has bought 20
per centof the voting shares in Roche, its competitor, for
SFr4.83bn ($2.8bn) cash,...
New-York based International Flavors & Fragrances Inc., a
leading producer of flavours and fragrances, reported this week a
54 per cent drop in first-quarter...
Venezuela's Grupo Polar, the brewing company privately held by the
Mendoza family, on Monday offered to buy Mavesa, a local food and
consumer productsmanufacturer,...
US snack and natural food company Hain Celestial Group, Inc.
announced on Thursday that it had acquired privately held Fruit
Chips B.V., a Dutch manufacturer...
