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FERRERO ACQUISITION
Big Food goes small: Kraft Heinz bets on simplicity to boost sharesKraft Heinz is splitting into two companies, focusing on condiments and grocery brands, mirroring similar moves by peers like Kellogg and U...- Warren Buffett’s rare misstep: Will Kraft Heinz’s breakup rewrite the ending, or can it still pay off?Warren Buffett’s $10 billion bet on the Kraft Heinz merger was meant to be a food-industry masterstroke. A decade later, the company is eye...
- Why Ferrero is buying Chocos maker Kellogg in a $3 billion dealFerrero, the Italian confectionery giant known for Nutella, is set to acquire WK Kellogg, the U.S. cereal maker, for $3.1 billion. This dea...
- Of pet love & 'pet puja': Mars Inc CEO Poul Weihrauch has high hopes from Indian marketPet food demand in India is growing as more couples delay having children and opt for pets, making them 'starter babies.' Mars Inc., with a...
- India is among fastest growing markets for Mars Wrigley: Kalpesh R Parmar"There is a resurgence around India; some of the larger economies are facing tougher headwinds. If companies want to exist for the next few...
- Advertisers raise Q3 budget by 15-20% amid surging festive demandThe surging demand amid festive season after two years of pandemic has compelled the advertisers to raise their advertising budget by nearl...
- Advertisers get ready for festive splurge, revise ad budgets by 15-20% for Dec quarterWhile inflationary pressures and the global recession remain potential downside risks, executives said demand pickup has been robust so far...
- Ferrero scion aims to diversify, builds $3 billion side bet to Nutella fortuneGiovanni has “established his presence in the wider sweet packaged-food market” with CTH, said Guido Giannotta, a director of the Brussels-...
- Ferrero is said to be near deal for Nestle U.S. chocolatesFerrero, which has traditionally shied away from acquisitions, is expanding its portfolio beyond Nutella hazelnut spread, Tic Tac candies a...
- Adi Godrej accuses ex-staff for planning competing products; lashes out at Goldman Sachs tooThree years after leaving Godrej, Arumugham Mahendran is launching insect repellents under brand DND that will compete with the popular bra...
- Indian advertising seems to represent a great mix of international sensibility: Ben Lilley, McCann Erickson AustraliaMcCann Worldgroup Australia has recently announced the acquisition of SMART, one of the largest independent ad agencies in Australia and Ne...
- Cadbury: End of an icon brand pains allThe end of Cadbury, a profitable, iconic English brand has touched a raw nationalistic nerve in the UK-sparking off save-Cadbury campaigns ...
- Kraft wins over Cadbury with $19.6 bn offerThe bitter sweet saga of Cadbury’s desperate fight to stay independent is finally over, with its board recommending a revised offer from Kr...
- Hershey plans solo bid for Cadbury: SourceThe Hershey Co. is assembling a solo bid to acquire British candymaker Cadbury PLC without the help of Italian candymaker Ferrero Internati...
- Kraft revises Cadbury offer, Nestle not interestedKraft Foods Inc. said Tuesday it will revise its hostile takeover offer for British chocolate and gum maker Cadbury PLC, offering a greater...
- Cadbury launches defense against Kraft offerCadbury PLC has received approaches from rival suitors to Kraft Foods Inc. as the British candymaker launched a robust defense against the ...
- Nestle may join the battle for CadburyNestle is weighing options including a possible bid for Cadbury that would challenge Kraft Foods’ offer and a potential move by Hershey Co,...
- Nestle may join the battle for Cadbury but likely to face anti-trust hurdlesNestle is weighing options including a possible bid for Cadbury that would challenge Kraft Foods’ offer and a potential move by Hershey Co.
- Hershey, Ferrero vie for CadburySpeculation had been mounting that as Cadbury resisted Kraft's approach, other industry heavyweights would smell an opportunity and enter t...
- Future Group for stake in fashion & food retail cosIt recently picked up a minority stake in Sankalp Retail Value Stores, the Indian franchisee of the US-based 'My DollarStore'. Most expensi...
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