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Tag: Billion

Tyson Foods to acquire AdvancePierre Foods for $4.2 billion; seeks to divest non-protein businesses

  • By R. Daneel Olivaw
  • 26 April, 2017
  • No Comments

Tyson Foods and AdvancePierre Foods Holdings have entered into a definitive merger agreement pursuant to which a subsidiary of Tyson will launch a tender offer to acquire all of AdvancePierre’s … Continue Reading →

Post Holdings to buy Weetabix for £1.4 billion

  • By R. Daneel Olivaw
  • 19 April, 2017
  • No Comments

Post Holdings has agreed to acquire Weetabix from Shanghai-based Bright Food Group for £1.4 billion (approximately $ 1.8 billion). IFT Daily News

JAB Holding buys Panera Bread for $7.5 billion

  • By R. Daneel Olivaw
  • 5 April, 2017
  • No Comments

Panera Bread and JAB have entered into a definitive merger agreement under which JAB will acquire Panera for $ 315 per share in cash, in a transaction valued at approximately … Continue Reading →

Restaurant Brands acquires Popeyes Louisiana Kitchen for $1.8 billion

  • By R. Daneel Olivaw
  • 24 February, 2017
  • No Comments

Restaurant Brands International (RBI) and Popeyes Louisiana Kitchen have announced that the companies have reached an agreement for RBI to acquire Popeyes for $ 79.00 per share in cash, or … Continue Reading →

McDonalds cedes control of China business for $2 billion

  • By R. Daneel Olivaw
  • 12 January, 2017
  • No Comments

McDonald’s has announced it is selling off most of its China business in a deal worth $ 2.08 billion. Citic, a massive Chinese financial firm, is taking the majority stake … Continue Reading →

Coca-Cola to buy AB InBev's stake in African bottling operations for $3.15 billion

  • By R. Daneel Olivaw
  • 5 January, 2017
  • No Comments

The Coca-Cola Co. has announced it will purchase Anheuser-Busch InBev’s (AB InBev) 54.5% equity stake in Coca-Cola Beverages Africa (CCBA) for $ 3.15 billion. IFT Daily News

AB InBev sells Eastern European SABMiller business for €7.3 billion

  • By R. Daneel Olivaw
  • 14 December, 2016
  • No Comments

Anheuser-Busch InBev (AB InBev) has entered into a binding agreement with Asahi Group Holdings to sell the businesses formerly owned by SABMiller in Poland, the Czech Republic, Slovakia, Hungary, and … Continue Reading →

Thailand’s CPF to buy Bellisio for $1.08 billion

  • By R. Daneel Olivaw
  • 23 November, 2016
  • No Comments

Thailand’s Charoen Pokphand Foods (CPF) has entered into a definitive agreement to acquire U.S. frozen-food producer Bellisio Parent for $ 1.075 billion. IFT Daily News

Bayer shells out $66 billion for Monsanto

  • By R. Daneel Olivaw
  • 14 September, 2016
  • No Comments

According to Reuters, Bayer has won over U.S. seeds firm Monsanto with an improved takeover offer of around $ 66 billion, ending months of wrangling after increasing its bid for … Continue Reading →

Global savory snacks market to reach $138+ billion by 2020

  • By R. Daneel Olivaw
  • 7 September, 2016
  • No Comments

The global savory snacks market will grow from $ 94.5 billion in 2015 to $ 138.2 billion by 2020, representing a compound annual growth rate (CAGR) of 7.9%, according to … Continue Reading →

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