Corporate Operations: Page 342
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New tax inversion rules could affect banana merger
New tax regulations, issued last night and effective immediately, could stop Chiquita's planned merger with Fyffes.
By Paul Conley • Sept. 23, 2014 -
Tate & Lyle warns on profit, again
The ingredients maker cited supply-chain problems and competition for its Splenda sweetener as causes for lower profit.
By Paul Conley • Sept. 23, 2014 -
Explore the Trendline➔
Courtesy of PIPA
TrendlineGetting reformulation right: How food companies are rethinking ingredients to meet consumer demand
Ingredient suppliers and companies like PepsiCo and Conagra are working closer together to overhaul brands to cater to a rise in healthy eating and expanding GLP-1 use.
By Food Dive staff -
Kellogg submits bid for United Biscuits
Other global suitors for the UK company include rival Burton's Biscuit and Turkey's Ulker Biskuvi Sanayi AS.
By Paul Conley • Sept. 23, 2014 -
Chiquita in cargo deal with Mediterranean Shipping Co.
The deal comes as the banana shipper prepares to transfer operations to the Port of New Orleans.
By Paul Conley • Sept. 22, 2014 -
Deep Dive
Melting pot: Ethnic food firms add production facilities in the US
The U.S. is an increasingly diverse nation. And for evidence of that you need to look no further than our food-production facilities.
By Paul Conley • Sept. 19, 2014 -
Oasis Beverages, TSG to buy Pabst Brewing
The maker of Pabst Blue Ribbon has been valued at between $700 million and $750 million.
By Kelsey Lindsey • Sept. 19, 2014 -
WhiteWave buys So Delicious in $195M deal
The purchase boosts WhiteWave's holdings in plant-based dairy substitutes.
By Paul Conley • Sept. 19, 2014 -
General Mills to close two factories after dismal earnings
The company says it will shutter plants on both coasts in an effort to reduce expenses.
By Paul Conley • Sept. 19, 2014 -
Whiskey industry raises glass to Scotland vote
Scottish voters' decision to reject a bid for independence is welcome news to Scotland's distilleries.
By Paul Conley • Sept. 19, 2014 -
ConAgra posts a profit on Ardent Mills, but sales slump
Sales fell in the most recent quarter, but the company says things are improving.
By Paul Conley • Sept. 19, 2014 -
Chiquita, Fyffes offer concessions to EU regulators
Details on the offer are being kept hush-hush by both companies and regulators.
By Paul Conley • Sept. 17, 2014 -
Danone: Still hurting from false-alarm recall
The French dairy giant estimates that it will take 18 months for its infant formula brand to recover.
By Paul Conley • Sept. 17, 2014 -
TreeHouse deal brings Heinz production to Pittsburgh
The company's iconic ketchup will still be made elsewhere, but the production of baby food is coming to Heinz's hometown.
By Paul Conley • Sept. 17, 2014 -
Produce industry looks to recruit diverse, worldly students
The Produce Marketing Association is bringing college students from around the globe to its upcoming convention.
By Paul Conley • Sept. 16, 2014 -
Brew Hub chooses second site in Budweiser's hometown
The contract brewer controlled by billionaire Ron Burkle will open in St. Louis.
By Paul Conley • Sept. 16, 2014 -
Surge soda returns after social media campaign
Coca-Cola responded to calls to revive the '90s soda ... but will only sell it on Amazon.
By Paul Conley • Sept. 16, 2014 -
Mexico's La Moderna to open first plant in US
The pasta company expects the facility to be operational in two years.
By Paul Conley • Sept. 15, 2014 -
Kashi returning to San Diego
Kellogg is also spinning the unit into a stand-alone company.
By Paul Conley • Sept. 15, 2014 -
Cargill sues Syngnenta over shipments of GMO corn
The unusual lawsuit pits two well-known backers of genetically modified foods against each other in a fight over stewardship.
By Paul Conley • Sept. 15, 2014 -
Heineken rejects takevover bid from SABMiller
The family that controls the brewer said they intend to "preserve the heritage and identity of Heineken."
By Paul Conley • Sept. 15, 2014 -
Deep Dive
Oreos, Ramen and Spreads: 5 notable knockoffs in the food business
It's often deja vu all over again in the food business, where every good idea seems to lead to imitation and "re-imagined" products.
By Paul Conley • Sept. 12, 2014 -
Dr. Pepper Snapple adding distribution capacity
The soft-drink maker is leasing space in Texas and is buying a bottler/distributor in Pennsylvania.
By Paul Conley • Sept. 12, 2014 -
Russia's ban on food imports creates fraud on both sides of border
The EU has suspended aid to produce growers amid a fraud investigation, while Russia is awash in European products marked "Made in Belarus."
By Paul Conley • Sept. 12, 2014 -
Hershey teams with Cargill on cocoa sustainability
The partnership will allow Hershey to expand its "Learn to Grow" program to the Ivory Coast.
By Paul Conley • Sept. 12, 2014 -
Pabst in talks to sell to private equity group
The deal would value the brewer of Pabst Blue Ribbon, Ballantine, and others at less than $1 billion.
By Paul Conley • Sept. 12, 2014