MeadWestvaco Corporation has announced that its board of directors has approved a plan to fully separate its Specialty Chemicals business from the rest of the company. The separation is expected to be executed by means of a tax-free spinoff ...
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
US-based Kraft Foods is split into two independent companies and both the firms will start trading on the Nasdaq as separate entities from today. Mondelez International will trade on the Nasdaq under the ticker'MDLZ',while Kraft Foods ...
Tags: independent companies, separate entities, advertising, brands