Soft drink bottler Coca-Cola HBC said on Monday it would buy Serbian biscuit and confectionary maker Bambi for an enterprise value of 260 million euros ($294 million) from private equity investor Mid Europa Partners...
PepsiCo divests West and South bottling franchise to Varun Beverages
Beverage maker PepsiCo and its long-standing franchise bottling partner RJ Corp-owned Varun Beverages on Monday said the latter has acquired PepsiCo’s bottling business in the South and West India for an undisclosed...
Nestle set to sell first Starbucks coffee under $7.15 billion deal
Nestle will sell Starbucks-branded coffee at grocery stores and online in Europe, Asia and Latin America from this month as it seeks to increase its lead over rivals such as JAB. After last year’s $7.15 billion cash...
America based Kellogg’s seeks a big bite of desi Haldiram’s
American breakfast cereal giant Kellogg’s — also the world’s second-largest snack foods company — is eyeing a stake in India’s leading snack maker Haldiram’s, as it seeks to diversify its local portfolio nearly 25...
Kishore Chhabria moves Delhi High Court against Dena Bank
Liquor baron Kishore Chhabria has dragged Dena BankNSE 0.00 % to the Delhi High Court alleging the lender connived with an asset reconstruction company to transfer mortgaged land worth ₹72 crore though the land was...
Insolvency court dismisses StanChart’s petition in Ruchi Soya case
The Mumbai bench of the National Company Law Tribunal (NCLT) on Thursday dismissed Standard CharteredBank’s petition to reclassify it as a financial creditor to Ruchi Soya Industries Ltd, stating the lender is too late...
Activist investor Paulson raises stake in Britain’s Premier Foods
Paulson & Co, the hedge fund firm led by billionaire investor John Paulson, has upped its overall interest in Britain’s Premier Foods Plc to 11.9 percent, a regulatory filing reut.rs/2WyWn6J showed on Friday...
Germany’s Symrise to expand pet food activities in $900 million purchase
Germany’s Symrise said on Thursday it was expanding its pet food business with the $900 million purchase of ADF/IDF, a pet food ingredient provider. The transaction will be financed through debt and equity, Symrise...
Varun Beverages set to buy Pepsi’s bottling distribution ops in South, West
Diversified group RJ Corp-owned Varun Beverages (VBL) is set to acquire PepsiCo’s company-owned bottling, sales and distribution operations in South and West India for its carbonated drinks business and the announcement...
Root Venture invests in Supa Star Foods
Roots Ventures, an investor in startups and growth-stage companies, has made its first investment in Supa Star Foods Pvt. Ltd, a packaged food and beverage maker. Supa Star will use the funds to grow its distribution...
Lactalis to buy Prabhat Dairy business for Rs 1,700 crore
French dairy group Lactalis has signed a definitive agreement to buy the milk-processing business of Maharashtra-based Prabhat Dairy for about Rs 1,700 crore through a slump sale. Lactalis’ local arm, Tirumala Milk...
Carlyle, Nomura plan joint bid for beer maker Orion – Nikkei
U.S.-based private equity firm Carlyle Group and Japan’s biggest investment bank Nomura Holdings Inc are planning a joint takeover bid for beer maker Orion Breweries, the Nikkei reported on Friday. Both companies could...
