Kraft selling yogurt lines to Eskimo Pie parent
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In an effort to slim down its product line, Kraft Foods has reached a deal to sell its yogurt business, the company said Wednesday.
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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's biggest cookie maker, they said on Tuesday.
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Wm. Wrigley Jr. Co. agreed to buy the brands including Altoids mints and Life Savers for $1.48 billion from Kraft Foods Inc., its biggest acquisition ever, to expand its share of the candy market.
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The Northfield-based food giant has put its Altoids mints and Life Savers candy brands up for sale, according to a company source.
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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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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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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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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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Kraft Foods Inc. on Wednesday said it would stop advertising products like Oreo cookies and Kool-Aid beverages to children younger than 12 as it works to deflect criticism that such foods contribute to childhood obesity.
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Shares in discount retailer Big Food Group leap more than 13% as the owner of the Iceland frozen food chain reveals it is in bid talks.
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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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Wm. Wrigley Jr. Co.  is buying the Life Savers and Altoids candy and mint businesses from Kraft Foods Inc.  for &#36;1.48 billion, the companies said on Monday.
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NORTHFIELD, Ill. Kraft is selling its yogurt business to CoolBrands International for 59 (m) million dollars. The deal includes a manufacturing plant in North Lawrence, 150 miles northwest of Albany in Saint Lawrence County.
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US food giant Kraft Foods is voluntarily recalling approximately 15,810 packages of Lunchables turkey, ham and cheddar cheese ready-to-eat complete meals due to mislabelling, the US Department of Agriculture&#39;s Food Safety and Inspection Service (FSIS) has
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The nation's largest food company is moving to address growing concerns about childhood obesity and unhealthful eating habits.
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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&#39;s biggest cookie maker, they said on  Tuesday.
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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.