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From Unilever's ice cream spin-off to Nestlé's portfolio reset and Coca-Cola's stalled attempt to sell Costa Coffee, Charles Russell Speechlys' Iwan Thomas examines the wave of divestments sweeping through F&B.
Nestlé to sell remaining ice cream operations to Froneri
As part of its most recent financial reporting, Nestlé has confirmed that it is accelerating plans to exit most, if not all, of its remaining ice cream operations.
Fonterra secures farmer backing for capital return linked to mainland divestment
Farmer shareholders of dairy co-op Fonterra have overwhelmingly approved a capital return plan tied to the proposed sale of its global consumer business.
Kraft Heinz halts split, commits $600m to brand and commercial reset
Kraft Heinz has paused work on its previously announced separation and will instead deploy $600 million in incremental investment across marketing, sales and R&D.
DSM-Firmenich to sell animal nutrition unit to CVC for €2.2bn, sharpens focus on food, health and beauty
DSM-Firmenich has agreed to sell its Animal Nutrition & Health business to private equity firm CVC Capital Partners for an enterprise value of around €2.2bn.
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