Fonterra Says Offer for National Foods Is `Generous&#39;
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Fonterra Cooperative Group Ltd., the world&#39;s biggest dairy exporter, said its A$1.34 billion ($1.01 billion) offer for the rest of National Foods Ltd.
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Shares in takeover target National Foods have pushed further ahead on the Australian Stock Exchange. Yesterday, they surged more than 5 per cent higher to $6.25, after Philippine food and drink giant San Miguel
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The hopes of Spain's largest bank to secure Abbey National have been given a boost after the City watchdog said it saw no reason to block the deal.
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29/10/2004 National Foods will hunt for a &quot;white knight&quot; to protect it from Fonterra`s $A1.62 billion ($NZ1.76 billion) bid, raising the risk New Zealand dairy farmers will get dragged into an expensive bidding war.
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Fonterra Co-operative Group Ltd, the world&#39;s largest dairy exporter, offered A$1.34 billion (US$1 billion) for the shares it does not own in National Foods Ltd, to expand milk sales in Australia and Asia.
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MELBOURNE (Dow Jones)--The Philippine&#39;s San Miguel Corp. (SMCB.PH) Thursday said it is willing to pay A$1.78 billion for National Foods Ltd.
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Premier Foods, the owner of brands such as Branston Pickle and Ambrosia Cream Rice, buys fellow food company RHM for Â£1.2bn.
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The organic-food maker's results are sure to give investors a good feeling in their stomachs.
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NATIONAL Foods, which is fighting off a $1.6 billion takeover bid by New Zealand dairy giant Fonterra, said yesterday it had been in talks with food ingredients group Burns, Philp and Co during the past six months.
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A combination of National, Alamo, Thrifty and Dollar in a deal valued at more than $3 billion is being discussed.
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HONG KONG (CBS.MW) -- The board of Big Food Group (UK:BFP) said it has recommended a 95 pence a share offer made by the Giant BidCo consortium to shareholders.
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Low-income families eat better when given vouchers to farmers' markets.
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Fonterra Cooperative Group Ltd says it does not want to limit its options on the price it has offered for Australia&#39;s National Foods Ltd.
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SHARES in canned fruit and vegetable producer SPC Ardmona Ltd soared more than 20 per cent today after the group announced it had agreed to a takeover offer from Coca Cola Amatil Ltd.
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WELLINGTON (Dow Jones)--New Zealand dairy giant Fonterra Co-Operative Group Ltd. (FCG.YY) said Thursday its takeover offer for Australian-based National Foods (NFD.
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An RBS-led group sweetens its bid for Dutch lender ABN Amro, boosting the amount of cash it has offered.
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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