Kraft Offers $7.2 Billion for Groupe Danoneâs Biscuit Business
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The sale would give Kraft a new asset in the snack food business, its fastest growing segment, and allow it to extend its global reach.
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Nation's second-largest shopping mall owner will pay $7.2 billion for Columbia-based Rouse Co., expanding its holdings of regional shopping centers and commercial property.
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Kraft, the maker of Oreo cookies, Cheez Whiz dips and Toblerone, yesterday further reshaped its image as a producer of healthy foods by announcing a deal with the author of a popular diet.
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A Chicago developer of regional shopping malls said Friday it will buy Maryland&#39;s The Rouse Co. for about $7.2 billion.
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Alcoa Inc said on Friday it  agreed to sell its packaging and consumer businesses to New  Zealand's Rank Group Limited for $2.7 billion in cash, the  latest move by the world's third-largest aluminum producer to  focus on its core business.
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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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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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Nestle , the world's largest food group, is buying the medical nutrition business of Swiss pharmaceutical group Novartis AG  for $2.525 billion, the companies said on Thursday.
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Kraft, the struggling American food group, yesterday announced the $1.5bn (Â£810m) sale of its Life Savers and Altoids confectionery division to the chewing gum business Wm Wrigley Jr.
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Groupe Danone SA, the maker of Dannon yogurt and Evian waters, is strengthening its baby food business with a bid yesterday to buy Royal Numico NV for $16.8 billion.
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Kraft Foods Inc. KFT.N said on   Wednesday it completed the acquisition of United Biscuits'   Iberian operations and recovered rights to several Nabisco   trademarks in Europe, the Middle East and Africa.
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Kraft Foods said yesterday that it had agreed to sell its Life Savers and Altoids brands to the Wm. Wrigley Jr. Company for $1.5 billion as part of a reorganization plan.
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Kraft Foods Inc. said Thursday it agreed to sell its UK desserts business to Premier Foods PLC for $135 million. Kraft said the transaction, which is subject to required approvals, is expected to close in the first quarter of 2005.
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Chemicals maker to repurchase $2B of its shares.
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British brewer Scottish & Newcastle said Friday it had accepted a 7.8 billion pound (10.5 billion euro, 15.5 billion dollar) takeover bid by Carlsberg of Denmark and Heineken of the Netherlands.
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Wm Wrigley Jr Co (WWY.N: Quote, Profile, Research) is buying the Life Savers and Altoids candy and mint businesses from Kraft Foods Inc.
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French food group Danone  is in  exclusive talks to sell its biscuit and cereal unit for 5.3  billion euros ($7.2 billion) in cash to Kraft Foods Inc  , the world&#39;s biggest cookie maker, they said on  Tuesday.