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  • Chiquita Gets $625M Buyout Offer

    Chiquita Brands International, Inc. confirmed that it has received an unsolicited offer from the Cutrale Group and the Safra Group to acquire all of the outstanding common stock of Chiquita at a price of $13.00 per share in cash to Chiquita shareholders.

  • Peet's Acquires Mighty Leaf Tea

    The addition of Mighty Leaf Tea marks another important step in Peet's growth. Peet's began its biggest U.S. retail coffee shop expansion ever last year, which will add nearly 60 stores by the end of this year.

  • J. M. Smucker Acquires Sahale Snacks

    Sahale's net sales are projected to be approximately $50 million for the 2014 calendar year, primarily in the club, convenience, and grocery retail channels.

  • P&G to Shed Up to 100 Brands

    The company will sell or exit 90 to 100 brands in a bold attempt to refocus the business on 70 to 80 remaining best-selling brand names. "Less will be much more," CEO A.G. Lafley told analysts.

  • Nestle Creates a Learning App for Kids

    Nestls milk drink brand Nido creates a free interactive educational app to encourage children to read, stick to daily routines, like brushing their teeth and improve their memory and attention.

  • Mondelez Appoints Chief Growth Officer

    The role integrates multiple growth drivers to accelerate the expansion of global innovation platforms, Power Brands and breakthrough technologies.

  • General Mills Launches Global Innovation Challenge

    General Mills Worldwide Innovation Network announces the launch of a global innovation challenge to reduce greenhouse gases.

  • Danone Strengthens Presence in Africa

    The partnership with East Africas leading dairy products group will significantly enhance the platform Danone is currently building in Africa.
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