Corporate Operations: Page 318
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China approves Syngenta's Viptera corn, reports say
There's no official word from the company or regulators, but Bloomberg and Agri-Pulse say imports have been approved.
By Paul Conley • Dec. 17, 2014 -
Mondelez-Master Blenders merger faces in-depth investigation by EU
Government regulators issued a statement expressing concerns the merger poses a threat to competition.
By Paul Conley • Dec. 16, 2014 -
Trendline
Mergers and acquisitions
Declining sales and slowing consumption have more companies divesting brands, opening the door for smaller players and private equity firms to expand their portfolios.
By Food Dive staff -
USDA
Is China lifting ban on GMO corn strand?
The Chinese government says the Ministry of Agriculture is approving removal of the imports ban, according to unnamed sources cited by Bloomberg.
By Paul Conley • Dec. 16, 2014 -
Olam purchases ADM's cocoa business for $1.3 billion
The deal catapults Olam into the top three of the world's processors of cocoa beans.
By Paul Conley • Dec. 16, 2014 -
Coca-Cola shareholder wants CEO replaced, as beverage giant warns on earnings
Wintergreen Advisers is requesting the replacement of Muhtar Kent.
By Paul Conley • Dec. 16, 2014 -
Market Basket CEO returns, gives bonuses to loyal workers
Arthur T. Demoulas has completed his takeover of the supermarket chain that ousted him earlier this year, and employees have many reasons to celebrate.
By Paul Conley • Dec. 15, 2014 -
SABMiller, Coca-Cola announce CEO for Coca-Cola Beverages Africa
SABMiller and Coca-Cola's combined African bottling unit now has someone at the helm.
By David Oliver • Dec. 12, 2014 -
Mexico launches anti-dumping investigation of US apples
U.S. growers have up to Jan. 16 to respond to the probe by their largest export market.
By Paul Conley • Dec. 12, 2014 -
PepsiCo slashing jobs in Chicago
The job cuts are reportedly centered at the Chicago operations that oversee the Quaker Oats, Gatorade, and Tropicana brands.
By Paul Conley • Dec. 12, 2014 -
Danone won't sell medical nutrition unit after all
The dairy giant said Friday it would not be selling the business, according to a report from Reuters.
By Paul Conley • Dec. 12, 2014 -
Report: Sysco to sell $5 billion in assets to win regulatory OK for US Foods merger
Such a sale would be twice the size of the divestiture originally anticipated by Sysco.
By Paul Conley • Dec. 12, 2014 -
USDA expects record agricultural imports in fiscal 2015
The federal agency says overall exports are falling, but fresh fruit and vegetable exports are growing.
By Paul Conley • Dec. 11, 2014 -
Wal-Mart names small-format advocate as new COO
The world's largest retailer has promoted Judith McKenna to chief operating officer, as the company continues to adjust to changing shopping habits.
By Paul Conley • Dec. 11, 2014 -
Trident Seafoods buys Western Alaska Fisheries
The deal comes as Trident prepares to open a new plant in Georgia.
By Paul Conley • Dec. 11, 2014 -
Cargill considers a stand-alone bid for Nutreco
An earlier joint bid from the agribusiness giant and a private equity firm was rejected by the Dutch company.
By Paul Conley • Dec. 11, 2014 -
Monsanto buys ag data startup 640 Labs
The purchase adds to Monsanto's new holdings in agricultural data systems.
By Paul Conley • Dec. 11, 2014 -
Cargill eyes $1 billion investment in Indonesian poultry, palm oil operations
The move is at least partially tied to a decline in poultry production in China.
By Paul Conley • Dec. 10, 2014 -
AB InBev to move marketing, sales to New York
The move is part of a broader effort by the brewer to revitalize its brands and revive sales.
By Paul Conley • Dec. 10, 2014 -
Federal prosecutors indict executive's sons in halal meat fraud
Two other family-owned businesses are also now charged with mislabeling food for export.
By Paul Conley • Dec. 10, 2014 -
Are Kellogg's cereal plants in jeopardy?
Kellogg Co. could be in hot water if it cannot come to an agreement with union employees.
By David Oliver • Dec. 9, 2014 -
Diamond Foods trumps profit predictions
Diamond Foods announced its first quarter profit of $7.7 million, higher than what Wall Street estimated.
By David Oliver • Dec. 9, 2014 -
Coca-Cola loses fight over bottle design with Pepsi in Australian court
Another court has ruled in the multi-nation battle between the soda giants over bottle shapes.
By Paul Conley • Dec. 9, 2014 -
SodaStream says its Pepsi test is going well, PepsiCo boss says otherwise
The make-your-own beverage company says consumers like its Pepsi flavors, but PepsiCo's CEO offers criticism.
By Paul Conley • Dec. 9, 2014 -
Tesco says things are about to get worse
The beleaguered retailer warned that full year results will be dramatically worse than previously forecast.
By Paul Conley • Dec. 9, 2014 -
Deep Dive
How may restaurant trends affect the food business come 2015?
The National Restaurant Association's "What's Hot in 2015" survey revealed interesting trends for next year.
By David Oliver • Dec. 8, 2014
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