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Diageo has announced the sale of its well-known coffee-cream liqueur brand, Sheridan’s, to Casa Redondo, a prominent Portuguese beverage-alcohol company.

New Zealand-based dairy giant Fonterra has announced a divestment of its global consumer and associated businesses to Lactalis for $2.3 billion.

Del Monte Foods has filed for Chapter 11 bankruptcy protection as part of a broader plan to restructure its balance sheet and pursue a sale of the business.

Major international dairy companies, including Meiji, Lactalis and Saputo, are reportedly considering bids for Fonterra’s global consumer businesses, according to Reuters, citing two sources familiar with the matter.

Brownes Dairy, one of Western Australia’s oldest dairy brands, has been put up for sale after the holding company behind it entered receivership.

Pernod Ricard is reportedly exploring the sale of its champagne brand, GH Mumm, according to Reuters.