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A potential bidding war over Jack Daniel's producer Brown-Forman is emerging after Sazerac made a $15 billion offer to acquire Brown-Forman, according to Reuters.
EPL and Indovida agree merger to form $2bn packaging group
EPL Limited has agreed to merge with Indovida India in a deal that will create a consumer packaging platform focused on emerging markets, with a combined valuation of around $2 billion.
CMA flags Northern Ireland concerns in ABF and Hovis merger
The UK’s competition watchdog has provisionally cleared key aspects of the proposed merger between Associated British Foods (ABF) and Hovis, while raising specific competition concerns in Northern Ireland.
Danone and Arcor form new JV to unlock dairy opportunities in Argentina
The joint venture includes a transaction to acquire the remaining stake in local dairy group Mastellone Hermanos, creating a newly integrated dairy leader in the region.
Unilever and Kraft Heinz considered food merger, Financial Times reports
According to the Financial Times, Kraft Heinz and Unilever recently held talks exploring a ‘mega merger’ of their food brands that would bring Hellmann's mayonnaise and Heinz ketchup under the same roof.
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