Corporate Operations: Page 319
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EU reaches compromise on GMO crops
The deal lets member states opt out of growing GMO crops even when approved by the overall EU.
By Paul Conley • Dec. 8, 2014 -
Olam International buys peanut sheller McCleskey Mills
The deal values the third-largest sheller in the U.S. at $176 million.
By Paul Conley • Dec. 8, 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 -
Kellogg opens up on plans for BiscoMisr, says it won't lay off workers
The cereal giant says its offer to buy a controlling stake in the Egyptian snack company is now worth $132.1 million
By Paul Conley • Dec. 8, 2014 -
Coca-Cola Amatil to slash jobs, reorganize
The bottler with operations across the Asia-Pacific is struggling with declining sales of soda.
By Paul Conley • Dec. 8, 2014 -
General Mills' French Toast Crunch returns to shelves
General Mills has decided to bring back its French Toast Crunch cereal which was discontinued in the U.S. in 2006.
By David Oliver • Dec. 5, 2014 -
Dollar Tree could close up to 500 stores in merger
The number of closings, which would be required by the FTC if it acquired rival Family Dollar, is about in line with Dollar Tree’s expectations, sources said.
By Daphne Howland • Dec. 5, 2014 -
Hershey increasing space in Canada market
Hershey has purchased The Allan Candy Co., a top confectionery product manufacturer in Canada.
By David Oliver • Dec. 5, 2014 -
Cutrale, Safra extend takeover offer for Chiquita
Fewer than three-quarters of shares were tendered by the previous deadline.
By Paul Conley • Dec. 5, 2014 -
Keurig Green Mountain to buy Bevyz, gains Laughing Man Coffee and Tea brand
The Bevyz acquisition is valued at around $220 million.
By David Oliver • Dec. 4, 2014 -
Dollar General CEO says company still in race for Family Dollar acquisition
Rick Dreiling, Dollar General chairman and CEO, spoke to analysts about an expected offer update for Family Dollar.
By David Oliver • Dec. 4, 2014 -
Kraft K-Cup prices to increase for first time
Kraft said this will go into effect Dec. 28.
By David Oliver • Dec. 4, 2014 -
Cargill teams with consultancy to create sustainable cattle management system
The meat processing giant wants to assess the sustainability of its feed lots.
By Paul Conley • Dec. 4, 2014 -
Food processing equipment giant JBT acquires Wolf-tec
The deal is the latest in a series of such moves by JBT.
By Paul Conley • Dec. 4, 2014 -
Unilever moves its margarine brands into separate unit
The move suggests the company is looking to sell off the brands.
By Paul Conley • Dec. 4, 2014 -
J&J employs Goldman Sachs to help with possible Splenda sale, reports Reuters
Reuters cited unnamed sources for J&J's latest potential move.
By David Oliver • Dec. 3, 2014 -
Deep Dive
Three companies that win from the Mediterranean Diet
The Mediterranean Diet is back in the news, which is good for some companies.
By Paul Conley • Dec. 3, 2014 -
Trial in halal fraud case postponed
A federal judge cited the "complex nature" of the case and pushed the trial from December to March.
By Paul Conley • Dec. 2, 2014 -
Cargill recalls beef from Wal-Mart in Canada
Canadian authorities say the meat may be contaminated with E. coli.
By Paul Conley • Dec. 2, 2014 -
Unilever purchases Talenti Gelato & Sorbetto
The world's biggest ice cream-maker is hoping to grow in the frozen market.
By David Oliver • Dec. 2, 2014 -
Uber expands budding grocery delivery service
The move comes soon after the car service company hired away the boss of Google's same-day delivery service.
By Paul Conley • Dec. 2, 2014 -
Danone is furious over Russia's alleged slander of its products
The dairy giant is livid over accusations by the Russian agriculture minister.
By Paul Conley • Dec. 2, 2014 -
General Mills to trim ad agencies in UK
Advertising contracts for some of the company's best-known brands are in play.
By Paul Conley • Dec. 1, 2014 -
Diageo blindsided in United Spirits vote
A special shareholder vote ended with United Spirits rejecting the distribution plans of its parent.
By Paul Conley • Dec. 1, 2014 -
Sam Zell confirms he wants to buy supermarkets
The billionaire investor says he wants to take advantage of the fact that Cerberus Captial must shed units as part of its takeover of Safeway.
By Paul Conley • Dec. 1, 2014 -
Del Monte Pacific in deal with Spain's Nice to build Philippines plant
The deal creates a new entity to process and export frozen fruit globally.
By Paul Conley • Dec. 1, 2014
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