Kraft Offers $7.2 Billion for Danoneâs Biscuit Unit
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Kraft Foods announced Tuesday that it has offered $7.2 billion in cash to acquire the biscuit division of French food company Groupe Danone.
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Alcoa  on Friday said it has agreed to sell its packaging and consumer businesses to New Zealand's Rank Group Limited for $2.7 billion in cash.
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Gallaher Group, the maker of the Benson & Hedges brand in Europe, said it had received an offer of Â£7.5 billion ($14.7 billion).
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Dean Foods Co.  said on Friday it would pay a special dividend of $15 per share, or about $2 billion, in a move seen as a defense against private equity firms looking to milk Dean for cash.
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French food group Danone   said on Monday it plans to pay 12.3 billion euros ($16.77  billion) for Dutch rival Numico (NUMCc.AS), in a widely  expected move after Danone agreed to sell its biscuits unit  last week.
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RICHMOND, VIRGINIA  - U.S. meat company Smithfield   Foods Inc. SFD.N would be interested in the Oscar Mayer meat   unit of Kraft Foods Inc. if it became available, but the price   may be too high, a top Smithfield executive told Reuters on   Wednesday.
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Kraft Foods Inc  said on Tuesday it struck deals for Starbucks  coffee to be sold for its Tassimo hot beverage machine and to replace the current manufacturer of the Tassimo machine with Bosch Household Appliances.
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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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The company behind Wrigley chewing gum has what it hopes is a sweet deal to buy Life Savers and Altoids among other assets from Kraft Foods.
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PepsiCo. Inc., the world&#39;s No. 2 soft- drink maker, plans to buy General Mills Inc.&#39;s stake in their European joint venture for $750 million in cash, giving it complete ownership of Europe&#39;s largest snack-food company.
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Pinnacle Foods Corp., the maker of Duncan Hines baking mixes, Vlasic pickles and Aunt Jemima breakfast foods, has agreed to be bought by private equity firm Blackstone Group  for $1.2 billion, Pinnacle said on Monday.
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Kraft Foods Inc., the largest food company in the United States, said Monday that it agreed to sell its sugar confectionery business to Chicago-based Wm. Wrigley Jr. Co., the world's largest chewing gum maker, for $1.48 billion.
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The French dairy and mineral water giant Danone plans to make an offer for Dutch baby food group Numico valued at 12.3 billion euros (16.7 billion dollars), the companies said Monday in a joint statement.
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U.S.-based Kraft Foods Inc. , the  world's second-largest food company, has paid around 575  million pounds ($1.1 billion) to acquire a part of Britain's  United Biscuits (UB), the Financial Times reported on Monday.
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US food giant Kraft Foods is reported to be considering the sale of its Altoids breath mints and Life Savers confectionery brands.
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NEW YORK (CBS.MW) -- Kraft Foods Inc. has confirmed an agreement to sell substanially all of its sugar confectionary business to Wm.
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Kraft Foods Inc. said on Thursday it  has agreed to sell its UK desserts unit to Premier Foods Plc  for $135 million in a bid to focus on larger-scale businesses.