International Business

The completion of the acquisition remains subject to the receipt of approval by CCE shareowners.

A new independent innovation research center will focus on revolutionizing product design and development for consumers aged 50 and above in Asia.

The acquisition makes Unilever the world's leading company in hair conditioning, the second largest in shampoo and the third largest in styling.

Throughconsumer insights and open innovation, General Mills grew its internationalWanchai Ferry product line into a leader in the growing frozen meals categoryin the United States.

Kraft Foods has hit its sweet spot, according to Chairman and CEO Irene Rosenfeld, who earlier this week outlined the companys new strategies for its product portfolio and financial performance.

The senior executive is charged to set brand strategy and coordinate and integrate marketing direction and execution across all regions and brands.

The executive succeeds Gene Kahn, who was the company's first Chief Sustainability Officer in 2003, and worked to make a significant impact in reducing the company's environmental footprint.

This acquisition will enhance GMCR's Canadian presence and is expected to strengthen its North American geographic expansion with a well-known Canadian brand platform.