Whole Foods investor ups stake, pushes for sale
According to Reuters, Jana Partners has upped its stake in Whole Foods Market as the hedge fund looks to shake up the board and senior management of the high-end grocer … Continue Reading →
Tag: Stake
Coca-Cola to buy AB InBev's stake in African bottling operations for $3.15 billion
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
ADM sells stake in GrainCorp for $288 million
Archer Daniels Midland (ADM) has entered into an underwriting agreement to sell its 19.9% ownership stake in GrainCorp for a total value of about $ 288 million. IFT Daily News
Ajinomoto to acquire 33% stake in Promasidor
Ajinomoto has reached an agreement to acquire a 33.33% stake in Promasidor Holdings, a processed foods manufacturer, for $ 532 million. IFT Daily News
Tyson Foods takes minority stake in Beyond Meat
Tyson Foods has taken a 5% ownership stake in plant-based protein producer Beyond Meat. IFT Daily News
Coca-Cola to buy AB InBev’s stake in African bottler
According to Reuters, Coca-Cola has announced it will exercise its right to buy Anheuser-Busch InBev’s stake in Africa’s biggest Coke drinks bottler, after the brewer’s takeover of SABMiller. IFT Daily … Continue Reading →
Whole Foods buys equity stake in Instacart food delivery service
According to Bloomberg, Whole Foods is taking a stake in Instacart—a four-year-old food delivery startup. IFT Daily News
Jimmy John’s sells majority stake to Roark Capital
Jimmy John’s Sandwiches, a fast-casual restaurant brand in the United States, has announced that an affiliate of Roark Capital Group, an Atlanta-based private equity firm that focuses on franchise and … Continue Reading →
New Danone VC unit in talks to acquire a stake in Michel et Augustin
Danone and the shareholders of Michel et Augustin have entered into exclusive negotiations to allow Danone to acquire a minority interest in Michel et Augustin, alongside Artémis and Michel et … Continue Reading →
Chobani rejects PepsiCo’s majority stake offer
According to Bloomberg, Chobani, the Greek-yogurt maker, has rejected an offer from PepsiCo to take a major stake in the company. IFT Daily News