Jubilant Bhartia Group promoters have initiated a process to sell minority stakes in their listed companies to raise Rs 2,000 crore to part-fund the acquisition of a 40% stake in Hindustan Coca-Cola Beverages (HCCB)...
General Mills mulls sale of China Haagen-Dazs stores, Bloomberg News reports
General Mills is considering selling its Haagen-Dazs ice cream stores in China, Bloomberg News reported on Wednesday, citing people familiar with the matter. The Minneapolis, Minnesota-based company may seek several...
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Zydus to acquire 2 biologics manufacturing units in U.S. from Agenus for $125 million
Zydus said the acquisition, through a subsidiary, will provide access to advanced biologics manufacturing capabilities and establish a key presence in the leading global biotechnology hub of California. Zydus...
IFB Agro to acquire Cargill India’s shrimp and fish feed biz
Kolkata, May 30 (PTI) IFB Agro Industries Ltd on Friday said its board has approved a proposal to acquire the entire commercial shrimp and freshwater fish feed business of Cargill India, marking a strategic move to...
Dabur India Board Approves Amalgamation Of Sesa Care Into Company
Dabur India Ltd.’s board of directors approved the amalgamation of Sesa Care Pvt. into the firm, according to an exchange filing on Monday. This is subject to the approval of shareholders, creditors and regulatory...
CCI okays Temasek Holdings minority stake purchase in Haldiram Snacks Food
The Competition Commission of India on Tuesday approved Singapore’s Temasek Holdings proposed acquisition of a minority stake in Haldiram Snacks Food. Temasek Holdings through its arm Jongsong Investments Pte is...
UK food group Greencore seals $1.6 billion Bakkavor deal
Convenience food manufacturer Greencore said on Thursday it had agreed to the terms of a recommended acquisition of UK fresh food provider Bakkavor Group, in a deal valued at 1.2 billion pounds ($1.59 billion). In...
Nutresa sells Colombian Starbucks franchise stake to Mexico’s Alsea
Colombian processed food company Nutresa said it sold its 30% stake in the country’s Starbucks franchise operator to a unit of Mexican restaurant chain Alsea. In a statement on Monday night, Nutresa said it had...
Global Eggs completes acquisition in US, closes new deal in Europe
Global Eggs, a group controlled by Brazilian entrepreneur Ricardo Faria, has completed its $1.1 billion acquisition of U.S. egg producer Hillandale Farms, just weeks after closing a new deal in Europe, Faria told...
Jubilant Beverages get CCI nod to acquire 40 pc stake in Hindustan Coca-Cola Holdings
Fair trade regulator CCI on Thursday cleared Jubilant Beverages’ proposal to acquire a 40 per cent stake in Hindustan Coca-Cola Holdings Pvt Ltd (HCCH). “The proposed combination relates to inter alia, JBL...
Pernod completes sale of wine portfolio to Accolade Wines owner
Pernod Ricard has completed the sale of its international wine portfolio, including brands like Jacob’s Creek, to Accolade Wines owner Australian Wine Holdco, it said on Wednesday. The transaction will result in...
Alpha Wave Global, IHC seek CCI nod to acquire minority stakes in Haldiram
Alpha Wave Global, and IHC (International Holding Company) have sought the Competition Commission of India’s approval to acquire minority stakes in Haldiram Snacks Food. Alpha Wave is a global investment company...
