CoolBrands paying US$59 million for Kraft&#39;s yogurt business, stock ...
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TORONTO (CP) - Shares in CoolBrands International Inc. jumped more than 15 per cent Wednesday after the frozen treat maker said it has agreed to buy the yogurt business of 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.
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Kraft Foods Inc said on Tuesday it has struck deals with Starbucks Corp and Bosch Household Appliances to fuel growth of its Tassimo hot beverage system, which the company said was on track to become a $200 million brand by year's end.
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Kraft Foods Inc. KFT.N, the top U.S.  food maker, said on Tuesday its board increased the company's  dividend by about 13.9 percent.
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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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Groupe Danone, the worldâs largest yogurt products company, said it planned to buy Royal Numico for 12.3 billion euros ($16.8 billion).
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Wrigley, the world&#39;s largest maker of chewing gum, on Monday took a step towards diversifying into other confectionery products with the acquisition for $1.48bn in cash of Kraft Foods&#39; sugar confectionery business.
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Chicago-based Wm. Wrigley Jr. Co., maker of Juicy Fruit and Wrigley Spearmint gum, is spending $1.48 billion to buy Life Savers and Altoids mints from 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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Japan's Fast Retailing makes a $900m (Â£448m) takeover bid for US department store chain Barneys New York.
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French food group Danone said Tuesday it was in exclusive talks with US rival Kraft Foods on the sale of Danone&#39;s biscuit unit for 5.3 billion euros (7.2 billion dollars).
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French group Danone, whose LU cookies have accompanied the snacks of generations of French children, said Tuesday it was in exclusive talks with US rival Kraft Foods about the sale of its biscuit unit for 5.3 billion euros (7.2 billion dollars).
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Wm. Wrigley Jr. Co., the world&#39;s largest gum maker, agreed to buy brands including Altoids mints and Life Savers for $1.48 billion from Kraft Foods Inc.
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Kraft (NYSE: KFT) has been one of the high-profile casualties of the so-called healthier eating trends taking America by storm. With processed food fare like Oscar Mayer, Oreos, Chips Ahoy, DiGiorno, and more
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PREMIER FOODS emerged victorious in the bidding for another slice of UK larder shelf history. The owner of Ambrosia creamed rice has bought Birdâs custard and Angel Delight brands from Kraft for Â£70 million
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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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CHICAGO -- Kraft Foods Inc. yesterday said it has agreed to sell its yogurt business to Canadian ice cream company CoolBrands International Inc.