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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.
KDP adds Alphabet finance chief and Constellation CEO to board ahead of JDE Peet’s deal
KDP has appointed two new independent directors as it moves closer to completing its acquisition of JDE Peet’s and prepares to separate into two standalone businesses.
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.
AG Barr buys Fentimans and Frobishers for £50m as it doubles down on premium soft drinks
British soft drinks maker AG Barr has agreed to acquire premium mixer brand Fentimans and juice producer Frobishers in deals worth more than £50 million.