HJ Heinz Company has announced that it will be acquired by an investment consortium Berkshire Hathaway and Brazillian-based 3G Capital for US $28 billion, the largest acquisition in food history.
Billionaire...
Leading Australian gourmet cheese brand Jindi Cheese has been sold to Lactalis, the large French-based dairy group.
Lactalis through its control of Parmalat Australia already owns Pauls Milk, Vaalia...
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...
UK confectionery company Cadbury confirmed yesterday that it unanimously rejects the takeover bid by US company Kraft Foods.
On 4 December of this year, Kraft Food attempted to purchase Cadbury, taking...
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