US investment firm Trian Fund Management, which is headed by activist investor Nelson Peltz, has acquired 1% stake in Danone - the French dairy company which is estimated to have a market capitalization of approximately $37bn. Trian Fund ...
Tags: a market capitalization of approximately, Danone, leaner cost structure
American food company Kraft Foods has announced that its board of directors have approved the spin-off of its North American grocery business. The spin-off is scheduled to be completed on 1 October 2012. The split will result in the ...
US-based food company Kraft Foods is seeking to sell its Breakstone's sour cream and cottage cheese products unit,which is estimated to be worth$400m. Mexico-based Dairy firm Grupo Lala is planning to acquire Breakstone's ...
Tags: sour cream, cheese products, Kraft Foods, brand
UK-based United Biscuits has completed the separation of snacks division from the rest of the operations, as a part of its plan to sell the company in parts. To lead the snacks division, United Biscuits has appointed the current president ...
Tags: snacks division, biscuits and cakes, domestic and international markets
American food company Kraft Foods has outlined the strategic growth priorities for its snacks business,which will be known as Mondelēz International after the company spin-off its North American grocery business in October 2012. ...
Tags: Kraft Foods, snacking company, revenue
Peanut butter just got a makeover,as Planters introduces a new PB that has a bit of a punch.Created for adventure-seekers,the new line is the first national brand to add wholesome ingredients like bananas,granola,berries,raisins,cinnamon ...
Tags: Kraft Foods, peanut butter line, adventure-seekers, NUT-rtition line
Kraft Foods has said the split of the company in two, creating a North American grocery company and a global snacks manufacturer, will take place in October. The establishment of US grocery business Kraft Foods Group and international ...
Tags: Kraft Foods, snack, food, split in two