Kraft Sells Yogurt Business to CoolBrands
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Kraft Foods Inc. KFT.N on Wednesday  said it has agreed to sell its yogurt business to Canadian ice  cream company CoolBrands International Inc. COBa.TO  COBsva.TO for $59 million.
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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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PepsiCo Inc. PEP.N, the world's  No. 2 soft drink company, on Wednesday reaffirmed its 2004  profit forecast and named former Kraft Foods Inc. KFT.N  executive Irene Rosenfeld, 50, to run its Frito-Lay division.
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Kraft Foods Inc  said on Friday it raised list prices on its roast and ground Maxwell House and Yuban coffees, citing higher green-coffee prices.
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Kraft Foods Inc., the owner of Oscar Mayer Foods Corp., Madison, said Monday that it will sell its sugar confectionery business, including the Life Savers and Altoids brands, to chewing gum and candy maker 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.
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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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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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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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A consortium led by Icelandic retailer Baugur has agreed a Â£326m cash takeover of Big Food Group. The buyer plans to sell Big Food&#39;s struggling Iceland chain to a separate entity owned by investors such as Icelandic lender Kaupthing Bank.
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Kraft Foods Inc., best known for products like Oreo cookies and macaroni and cheese,  said it is adding the South Beach Diet brand to its portfolio in its latest attempt to address concerns about obesity and health.
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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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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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The foods division of retailer La Rinascente SpA is being sold to French supermarket retailer Auchan SA in a deal worth 1.06 billion euros (&#36;1.36 billion).
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Wm. Wrigley Jr. Co. WWY.N is buying  the Life Savers and Altoids candy and mint businesses from  Kraft Foods Inc. KFT.N for $1.48 billion in cash, the  companies said on Monday.
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Looking to extend more of its marketing might from gum to candy, Wm. Wrigley Jr. announced Monday it has agreed to buy Life Savers and Altoids from Kraft Foods in a $1.
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By Barry Shlachter, Fort Worth Star-Telegram, Texas  Jun. 2--Minyard Food Stores has sold its Coppell headquarters and distribution center to a New York private investment firm, KTR Capital Partners, for an undisclosed amount and will lease back the corporate campus, the chain said Friday.