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Fonterra farmers approve $4.22bn sale of Mainland Group to Lactalis
Fonterra’s farmer shareholders have approved the sale of its consumer and associated businesses, known as the Mainland Group, to dairy giant Lactalis for $4.22bn.
Coca-Cola Company sells controlling stake in African bottler to Coca-Cola HBC
The Coca-Cola Company and Gutsche Family Investments have announced the sale of a 75% controlling interest in Coca-Cola Beverages Africa to Coca-Cola HBC.
Diageo sells coffee-cream liqueur brand Sheridan’s to Casa Redondo
Diageo has announced the sale of its well-known coffee-cream liqueur brand, Sheridan’s, to Casa Redondo, a prominent Portuguese beverage-alcohol company.