Mondelēz completes acquisition of majority stake in Kinh Do
Mondelēz International has completed the acquisition of an 80% stake in Kinh Do, Vietnam’s leading snacks business. IFT Daily News
Tag: Stake
Mondelez sells stake in Ajinomoto General Foods
Mondelez International announced that it will sell its 50% interest in Ajinomoto General Foods (AGF), which manufactures and sells instant, ground, and liquid coffee products in Japan, to its joint … Continue Reading →
Kellogg completes acquisition of majority stake in Bisco Misr
Kellogg Co. has acquired a majority stake (85.93%) in Bisco Misr, the number one packaged biscuits company in Egypt for $ 125 million, or $ 12.56 per share (89.86 Egyptian … Continue Reading →
Kellogg to acquire majority stake in Bisco Misr
Kellogg Co. has announced it expects to acquire an 85.93% stake in Bisco Misr based upon the number of shares tendered to the company through the Egyptian Stock Exchange as … Continue Reading →
Icahn reduces stake in Family Dollar
Carl Icahn, the investor who was threatening a proxy fight against Family Dollar Stores if it did not make itself available for sale, said Wednesday he has reduced his stake … Continue Reading →
Danone to buy 40% stake in Kenyan dairy company
Danone SA announced it will purchase a 40% stake in Brookside Dairy Ltd., a Kenyan dairy company and the largest milk collector in East Africa, with a network of 140,000 … Continue Reading →
Coca-Cola increases stake in Keurig
Coca-Cola has become the largest shareholder of Keurig Green Mountain by increasing its stake in the single cup coffee giant to 16%, according to reports. read more Supermarket News
Great Range Capital Acquires Majority Stake in Mountain Valley Spring Co.
Kansas City–based private equity firm Great Range Capital and a team of investors have acquired a majority stake in Mountain Valley Spring Co., the oldest continuously operated bottled water company … Continue Reading →
Bühler acquires majority stake in the Chinese pasta machinery company
Bühler Group has acquired an 80% stake in Yaoxian Machinery Guangzhou, a Chinese company that manufactures production lines and system components for making Asian pasta. IFT Daily News
Jana Reduces Safeway Stake
PLEASANTON, Calif. — Jana Partners, the activist hedge fund which acquired Safeway shares seeking to influence decisions to divest properties, has reduced its stake, it said in a regulatory filing. … Continue Reading →