Danone in talks to sell biscuits division to Kraft
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Danone  is in exclusive talks to sell its biscuit and cereal unit to the world's biggest cookie maker, Kraft Foods , for 5.3 billion euros ($7.20 billion) in cash, the food groups said on Tuesday.
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Kraft Foods Inc.  on Wednesday said it has agreed to sell its yogurt business to Canadian ice cream company CoolBrands International Inc. (COBa.TO) (COBsva.TO) for &#36;59 million.
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Altria Group Inc., the parent company of cigarette maker Philip Morris and Kraft Foods Inc., may split into three separate units to improve shareholder value, according to Chief Executive Louis Camilleri.
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Exelon (EXC:NYSE - news - research) is reportedly in advanced talks to buy New Jersey&#39;s largest utility group, Public Service Enterprise Group (PEG:NYSE - news - research).
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French food giant Danone tables a $17bn all-cash offer for Dutch baby-food maker and rival Royal Numico.
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NEW YORK - One of the most talked about freebies at this summer's political conventions - macaroni and cheese shaped like political mascots - has ended up on auction giant eBay.    Kraft Foods North America Inc...
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The Kraft family is interested in investing in British soccer. But the Krafts are maintaining a much smaller role in bidding for Liverpool Football Club than Tampa Bay Buccaneers owner Malcolm Glazer is in his pursuit of Manchester United.
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French food group Danone  offered to drop all legal actions against Hangzhou Wahaha Group if its estranged Chinese joint venture partner agrees to enter into talks to settle their long-running dispute.
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Kraft Foods, in which Nelson Peltz, an activist investor, has taken a 3 percent stake, said that it would offer $7.2 billion for the cookie unit of Group Danone.
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Kraft Foods Inc. plans to buy Groupe Danone SA's biscuit unit for $7.2 billion to become Europe's largest maker of cookies.
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Kraft, the world's second-largest food and drinks firm, is to be spun off by its owner into a separate business.
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Shares in Danone were suspended from trading on Tuesday at the request of the French food group and ahead of an expected statement which analysts predict to be on the sale of its biscuits business to Kraft Food.
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FOXBOROUGH -- Another December, another push to the playoffs. Owner Robert Kraft will take it, considering the Patriots' position in the NFL when his family purchased the club.
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Dow Jones & Co., which has been in  talks for a takeover by News Corp., will meet with supermarket  magnate Ron Burkle as Dow Jones explores its options, a source  familiar with the situation said on Sunday.
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The Altria conglomerate&#39;s possible breakup raises questions for workers in the Kraft foods and information technology divisions in Hanover Township.
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French food group Danone  is in exclusive talks to sell its biscuit and cereal snack unit for 5.3 billion euros ($7.2 billion) in cash to Kraft Foods Inc , the world's biggest cookie maker, they said on Tuesday.
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Groupe Danone, the worldâs largest yogurt products company, said it planned to buy Royal Numico for 12.3 billion euros ($16.8 billion).