Smucker Buys Canned Growth
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There is growth, but it's not homemade.
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Agribusiness Monsanto Co. said yesterday it will buy vegetable and fruit seed company Seminis Inc. for about $1 billion in cash, looking to capitalize on the trend of healthier diets while further migrating from its chemical herbicide business.
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Buyout rumors bump appliance maker up 4.5%.
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MUMBAI: Scottish &amp; Newcastle Plc (S&amp;N), Britain&#39;s biggest brewer, has agreed to buy 37.5 per cent of India&#39;s beer giant United Breweries (UB) Ltd for Rs 466 crore, the two companies announced on Sunday.
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SABMiller Plc, the world&#39;s second- largest brewer, said its Chinese venture agreed to buy three unprofitable breweries in China from Lion Nathan Ltd.
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BREWING giant SABMiller, which was pipped at the post by arch-rival Anheuser Busch in the race for China&#39;s Harbin Brewery earlier this year, has bought the business of Australia&#39;s Lion Nathan in the country.
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Plain kit, sweet file system Rackable Systems this week made an unusual acquisition for a no nonsense server vendor. It bought flashy storage software maker Terrascale for $38m in cash.â¦
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Wrigley today announced plans to buy those brands from Kraft Foods for one-point-four-eight (B) billion dollars. The sale includes the Life Savers, Creme Savers and Altoids brands, as well as several local
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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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Restaurant operator branches out with purchase of the Golden Nugget.
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The latest earnings report from jam specialist JM Smucker (NYSE: SJM) heralds &quot;Record First Quarter Results.&quot; Read carefully, though.
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Brewing giant SABMiller has plenty of firepower for potential acquisitions, with the ability to raise up to $2.5 billion in debt even before tapping its record level shares, the firm said on Thursday.
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Business & money: Â· Grocer buys Dobbies chain with surprise Â£156m dealÂ· Stores will retain name to avoid 'Tescofication' fears
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WRIGLEY is buying the Life Savers and Altoids sweet and mint businesses from Kraft Foods for Â£800 million. The deal allows Wrigley to expand in the sweet section, while leaving Kraft to focus on the rest of its food business.
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JM Smucker Co. said on Monday it is selling its US industrial business and realigning its distribution operations as part of a wider strategy to focus on the food company&#39;s main businesses.
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JM Smucker Co., a maker of jams, peanut butter, shortening and oils, said on Wednesday that it will sell its Brazil operations, Smucker do Brasil Ltda.
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Australia&#39;s S&amp;P/ASX 200 Index rose to a record. Foodland Associated Ltd. surged after Metcash Trading Ltd., the nation&#39;s biggest grocery wholesaler, offered A$846 million ($660 million) for Foodland&#39;s local business.