The sale of Morningstar to Canadian dairy giant Saputo has enabled Dean Foods to reduce its long-term debt by almost a third, according to the Dallas-based dairy giant.
Nestlé has refused to comment on reports that it is working with financial advisory group Rothschild to sell more than $1bn of Latin American assets in an effort to win regulatory approval for its acquisition of Pfizer Nutrition.
F.A.O. Food Price Index dropped for the third straight month in December, falling 1.1% to 209.3, down from 211.7 in November and compared with 214.4 in October and 215.7 in September.
Once upon a time the peanut butter market used to be all about peanuts, but that’s no longer the case, said Lynn Dornblaser, analyst with Mintel, Chicago.
Tecate and Tecate Light announce the launch of their annual national retail program focused on helping U.S. Hispanics 21 and older celebrate their passion for football.