Hershey Foods to buy macadamia processor
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HERSHEY, Pa. - Hershey Foods Corp. has agreed to acquire Manua Loa Macadamia Nut Corp. from private equity investment firm Shansby Group to strengthen its snack offerings.
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PepsiCo. Inc., the world&#39;s No. 2 soft- drink maker, plans to buy General Mills Inc.&#39;s 40.5 percent stake in their European snacks joint venture for $750 million in cash.
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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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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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Blackstone Group is expected to buy Pinnacle Foods Corp., owner of Duncan Hines cake mix and Mrs. Paul's frozen fish, for about $1.2 billion, the Wall Street Journal reported on Monday.
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Pancake restaurant IHOP Corp.  plans to buy Applebee's International Inc.  for $25.50 per share, the companies said on Monday.
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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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Wm. Wrigley Jr. Co., the world&#39;s largest maker of chewing gum, agreed to buy candy businesses including Altoids mints and Life Savers from Kraft Foods Inc.
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Nestle SA, the world's largest foodmaker, may buy baby-food company Gerber Products from Swiss drugmaker Novartis AG for as much as $5 billion, according to a published report.
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PERENNIAL takeover target and suitor National Foods has identified SPC Ardmona as a merger partner in a deal that would add packaged fruit to its own dairy operations and build a major Australian food company.
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Ihop Corp., the largest US pancake-house chain, agreed to buy Applebee's International Inc. for $1.9 billion and sell securities backed by franchisee fees to finance the purchase.
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Nestle SA, the world's biggest food and drink company, will buy the medical nutrition unit of pharmaceutical company Novartis for $2.5 billion, the companies said Thursday.
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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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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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The chip giant has announced plans to buy a developer of digital-media creation software and services.
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Plans by International Business   Machines Corp. IBM.N, the world's largest technology services   company, to acquire MRO Software Inc. MROI.O for $740 million   have received U.S. antitrust approval, U.S. officials said on   Wednesday.
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Hershey Co.  will cut 1,500 jobs, or about 11 percent of its work force, and reduce the number of production lines it operates by more than a third as it spends up to $575 million to overhaul its manufacturing, the company said on Thursday.