Blackstone Inc. is in advanced talks with Haldiram’s, India’s largest family-run snacks business, to acquire a controlling stake in the company, Moneycontrol reported. The report quoted people aware of the...
Carlsberg to buy Britvic for $4.23 billion
Danish brewer Carlsberg agreed to buy London-listed soft drinks maker Britvic for 3.3 billion pounds ($4.23 billion) as part of a plan to expand in the non-alcoholic beverage market and reduce reliance on beer sales...
Jollibee Foods to take control of S.Korea’s Compose Coffee in $340 mln deal
The Philippines’ biggest fast-food chain Jollibee Foods will acquire a majority stake in South Korea’s Compose Coffee, as part of a deal valuing the target at $340 million, the company said on Tuesday...
Patanjali Foods to buy group company’s non-food business for Rs 1,100 crore
Listed FMCG company Patanjali Foods will acquire group firm Patanjali Ayurved’s home and personal care business for Rs 1,100 crore, which will lead to consolidation of the Patanjali brand under its overall FMCG...
PepsiCo to waive clause in bottling deal as Carlsberg eyes $3.9 bln Britvic bid
Carlsberg said on Monday that PepsiCo has agreed to waive a clause in its bottling deal with Britvic, making the British firm a more attractive acquisition after a $3.9 billion bid by the Danish brewer was rejected. The...
Drinks maker Britvic rejects $3.93 billion takeover proposal from Carlsberg
British soft drinks maker Britvic has rejected a 3.11 billion pound ($3.93 billion) takeover proposal from Carlsberg Group, the companies said on Friday, the second approach from the Danish brewer it has turned down...
Katy Perry-backed food products firm Bragg explores sale, sources say
Bragg Live Food Products, which is backed by celebrities Katy Perry and Orlando Bloom, is exploring a sale that could value the maker of apple cider vinegar at more than $500 million, including debt, according to people...
Snack maker Haldiram’s said to weigh IPO as sale talks stall
The owners of Haldiram Snacks Pvt Ltd. are exploring a possible initial public offering for the food producer and restaurant operator as plans to sell it to foreign investors have stalled, people familiar with the...
NCLT initiates insolvency against Himalayan Mineral Water
The National Company Law Tribunal (NCLT) has directed initiating insolvency proceedings against Himalayan Mineral Waters, allowing Jammu & Kashmir Bank’s plea for default of a corporate guarantee given for...
Kraft Heinz exploring sale of Oscar Mayer business, WSJ reports
Kraft Heinz is exploring a sale of its Oscar Mayer meats business that could fetch anything between $3 billion to $5 billion, the Wall Street Journal reported on Monday, citing people familiar with the matter. The Oscar...
Patanjali Foods to evaluate proposal to buy Patanjali Ayurved’s non-food business
Patanjali Foods Ltd, which is mainly into edible oils, on Friday said it will evaluate a proposal to acquire the non-food business of promoter group Patanjali Ayurved, led by Baba Ramdev. In a regulatory filing...
General Mills explores sale of $2 billion-plus yogurt business in North America, sources say
General Mills, the maker of Cocoa Puffs and Cheerios breakfast cereals, is exploring a sale of its North America yogurt business including its popular Yoplait brand in a deal that could be worth more than $2 billion...
