Fonterra slates National Foods
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Takeover target National Foods came in for a stinging attack yesterday from Fonterra strategy director Graham Stuart. In an aggressive move aimed at lowering market expectations of what Fonterra
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Bird&#39;s Custard and Angel Delight have been sold for Â£70m to Premier Foods, the group which owns Ambrosia rice pudding and Rowntree&#39;s jelly.
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New Zealand dairy group Fonterra said today that takeover target National Foods had limited growth prospects. Fonterra&#39;s head of strategy and chief financial officer, Graham Stuart, said National Foods&#39; growth
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To: NATIONAL EDITORS  Contact: Marti Pupillo of the International Dairy Foods Association, +1-202-220-3535   WASHINGTON, Jan.
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Dairy giant Fonterra has reaffirmed its commitment to taking over Australian dairy company National Foods despite the initial catalyst for the bid no longer being a factor.
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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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MELBOURNE (Dow Jones)--Spurred by new milk contracts and its expansion into gourmet foods, Australian dairy company National Foods Ltd.
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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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San Miguel, the largest food and beverage maker in the Philippines, said Thursday that it had agreed to buy National Foods, Australia&#39;s biggest dairy company, for 1.78 billion Australian dollars, or $1.4 billion, raising the prospect of a bidding war with
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Trevor Coates, chief executive of Foodland Associated Ltd., speaks on a teleconference from Sydney about the company&#39;s fiscal full-year earnings.
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MELBOURNE - Australian dairy group National Foods says it is in talks to take over food processing company SPC Ardmona, which has a market value of A$380 million ($408 million).
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SYDNEY - San Miguel Corp. launched a takeover bid on Thursday for Australia&#39;s largest dairy company, National Foods, topping a previous offer from New Zealand&#39;s Fonterra as the Philippines brewing giant moved to expand its non-alcoholic food holdings.
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Jorge Zamorano whipped out a copy of the Cumberland Times-News from behind the bar at the Starfish Cafe, one of two restaurants he owns on Capitol Hill.
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MELBOURNE: Australian dairy group National Foods Ltd said yesterday it is continuing merger talks with SPC Ardmona despite becoming a takeover target itself.
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National Foods is using a strategy of new product releases to reinvigorate a stagnating dairy sector. Picture:Michele Mossop. National Foods, fresh from posting a 14 per cent rise in profit
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Southeast Asiaâs largest food and beverage company, San Miguel Corp. , has launched a rival A$1.78 billion ($1.37 billion) bid for Australian dairy group National Foods Ltd.
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The country dining chain is weathering cost increases better than its rivals.