Fewer food and drink industry transactions were recorded on the bevblog.net mergers and acquisitions database in November compared with the average month, but one was over $10bn and two more were close to $1bn.
Among the 31 total, as many as 12 were in alcohol, with four in dairy, three in soft drinks and two each in equipment and ingredients.
22 countries featured, led by the United States on 12, followed by the United Kingdom on nine and Switzerland on three.
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