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PepsiCo strikes deal with Elliott Management to enhance operations and avoid proxy battle
PepsiCo has reached a strategic agreement with activist investment Elliott Management, aimed at improving operational efficiencies and avoiding a potentially costly proxy fight.
Nestlé announces $3.7bn cost-cutting strategy and 16,000 job cuts
Nestlé is set to reduce its workforce by 16,000 positions, representing 6% of its global staff, as new CEO Philipp Navratil accelerates a strategic turnaround.
Roberts Bakery in talks with potential partners as administrator notice filed
Roberts Bakery has confirmed it is in discussions with potential partners and funders following the publication of a Notice of Intention to appoint administrators on 6 October 2025.
Recur Software enters food processing space with acquisition of Innova Zones
Recur Software has announced its acquisition of Innova Zones, a provider of asset and compliance management solutions tailored for food processing facilities.
Kraft Heinz expands European tomato supply with energy-efficient plant
The Kraft Heinz Company has announced a significant enhancement to its European tomato supply chain with the launch of a new processing facility in Portugal.
Anheuser-Busch invests $15m in US brewery to boost domestic production
Anheuser-Busch InBev, the brewing giant behind brands such as Budweiser and Bud Light, has announced a $15m investment in its brewery operations in St Louis, Missouri.
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