Multi-national brewer SABMiller has agreed with Foster’s Group Limited a recommended cash offer to Foster’s shareholders at A$5.10 per share, which values Foster’s equity at approximately...

The latest speculation suggests American confectionery company Hershey will be a late entry into the race for Cadbury, presenting competition to Kraft’s hostile proposal. According to the Financial...

Kraft Foods said today (15 December) that it had received clearance from US competition authorities to proceed with its proposed acquisition of UK confectioner Cadbury. Cadbury management has repeatedly...

Italian dairy giant Parmalat has reportedly dismissed speculation of a possible bid for the dairy unit of Australia’s Goodman Fielder. Italian newspaper La Repubblica said in an unsourced report...

Italian-based dairy group Parmalat SpA is considering a bid for the dairy unit of Australia’s largest food company – Goodman Fielder, according to Italian reports. Parmalat, which owns the...