French dairy group Lactalis has got approval from Brazilian antitrust authority to purchase the dairy units of food processor BRF SA in a deal worth $594m. Lactalis will execute the deal through its Parmalat subsidiary in Brazil. ...
Tags: dairy group, Lactalis, Dairy
BRF ended the third quarter of 2014 with net income of R$ 624 million, an increase of 117.5% over 3Q13. This performance arose from the management techniques and processes that have been implemented over the last year and highlight the ...
Tags: Brazilian operations, Net Operating Revenues, Agriculture
Pregnant women who drank more than two weekly units of alcohol were twice as likely to give birth to a small or premature baby, researchers in Britain say. Professor Janet Cade of the University of Leeds' School of Science and Food ...
Vale S. A. (Vale) informs that it had signed an agreement with an investment fund managed by Brookfield Asset Management (Brookfield) for the sale of 26.5% of Vale's stake in VLI S.A (VLI), an integrated general cargo logistics company ...
Tags: Vale SA
Brazilian regulators are to investigate Google after claims by Microsoft and Brazilian search rivals that the firm is involved in anti-competitive practices. Brazil's antitrust watchdog Cade said that it was looking into accusations that ...
Tags: Computer Products, software, Google
GranBio, a Brazilian biotechnology company, and Rhodia, a Solvay Group company, have signed an agreement to create a partnership to produce bio n-butanol. Bio n-butanol is made from sugar cane straw and bagasse, the same raw material that ...
Tags: Granbio, Renewable Chemicals
It is learned that Brazil’s Administrative Council for Economic Defense (CADE) has started an administrative proceeding to investigate Aperam. The body claims that Aperam Inox South America SA might be taking unfair advantage of its ...
Tags: Stainless Steel, Mineral
Brazilian meat producer JBS has agreed to acquire Unidade Industrial Ana Rech hog processing facility, 491,000 hogs and poultry farm assets from BRF Brasil Foods, in a deal worth BRL200m ($100m). Under the terms of the deal, JBS will pay ...
Tags: meat producer, Food
With Congress in the grips of the Great Sequester 3.0, it might seem an inopportune time for cycling advocates to storm Capitol Hill in the interest of pushing the two-wheel and pedestrian agenda. Considerably bigger fish and all. But ...
Brazilian food company Vigor, a subsidiary of JBS, has entered into an agreement to acquire 50% stake in dairy cooperative Itambe for BRL410m ($208.3m). Itambe, which is one of the leading dairy cooperatives in Brazil, sources milk from ...
Tags: food company, Vigor, food
DENVER, CO (BRAIN) — Clothing maker Primal is supporting the 2013 National Bike Summit with a sponsorship package the company said is worth $50,000. The package includes financial support for the event as well as custom jerseys for ...
Tags: 2013 National Bike Summit, Primal, supporting, custom jerseys
WASHINGTON, DC (BRAIN) — Yolanda Cade, the national PR and communications director for the American Automobile Association, will be the keynote speaker at next year's National Bike Summit. The League of American Bicyclists, the ...
Tags: Bike Summit, Automobile, Bicycle Dealers
Brasil Foods has booked a 75% drop in third-quarter profits as higher feed costs more than offset sales gains in the period. The Brazilian meat company said net income fell to BRL91m (US$44m) in the three months, down from BRL365m in the ...
Tags: Foods, meat company, grain prices, feed costs, profit
Brazilian food company BRF Brasil Foods has reported that its net earnings for the second quarter totaled BRL6.4m($3.16m),compared to BRL498m($246m)for the same period in 2011. The company posted 8.7%increase in net sales to ...
Tags: net earnings, net sales, tough economic environment, CADE
Holcim Ltd. (HOLN) may receive a fine this year for price fixing in Brazil that is a third less than the maximum expected by the cement maker. Antitrust regulator Cade will probably issue a penalty of 20 percent of Holcim’s 2005 ...
Tags: market view, cement