French food group Danone in talks to sell biscuit unit to Kraft
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French food group Danone said Tuesday it is 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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A dispute between Groupe Danone, the French multinational company, and a brash Chinese executive has escalated into a battle for control of the countryâs largest beverage maker.
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Cadbury Schweppes is preparing to announce on Tuesday that is will sell its American beverage business, according to people close to the company.
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Kraft Foods Inc. (KFT.N: Quote, Profile, Research) on Wednesday said it has agreed to sell its yogurt business to Canadian ice cream company CoolBrands International Inc.
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Swiss chocolate maker Lindt & Spruengli   is considering buying Campbell Soup Co.&#39;s   Godiva Chocolatier brand, its chief executive told the  Financial Times Deutschland newspaper.
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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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Rum maker Bacardi expresses an interest in buying the owner of vodka brand Absolut, a report says.
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U.S. meat company Smithfield  Foods Inc.  would be interested in the Oscar Mayer meat  unit of Kraft Foods Inc. if it became available, but the price  may be too high, a top Smithfield executive told Reuters on  Wednesday.
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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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Tesco, Britain&#039;s biggest retailer, is considering an 800-million-euro (1.026-billion-dollar) bid for the Polish retail arm of French rival Casino.
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At least two bidding  groups plan to submit offers on Friday to acquire Cadbury  Schweppes Plc&#39;s  U.S. beverage unit for as much as  $15.8 billion (8 billion pounds), sources familiar with the  situation said on Tuesday.
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CHICAGO -- Kraft Foods Inc. said Tuesday it has offered $7.2 billion in cash to acquire the cookie and cereal division of French food company Groupe Danone SA in a deal that would give America's biggest food and beverage company an even larger foothold around the globe.
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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&#39;s end.
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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.
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Nelson Peltz, the activist investor, is planning to mount a campaign to press Kraft to sell the Post cereal business and Maxwell House.
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Nestle SA said Wednesday it is considering whether to sell French mineral water brand Perrier after a top trade union blocked a plan to cut almost 800 jobs.
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Nestle Waters said it might sell Perrier, the iconic French mineral water, while keeping options including a mooted outsourcing on tap.