H.J. Heinz Co.’s strategy to build an infant-formula business in China may include buying a regional baby-food maker, according to an analyst at Sanford C. Bernstein & Co.
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Sara Lee Corp. ’s talks to sell itself to Brazilian meat processor JBS SA have hit a snag over price, according to two people with direct knowledge of the situation.
Corporate spinoffs are headed for the most active year on record as companies including Kraft Foods Inc. and AMR Corp. look for avenues to unlock value from units.
Campbell’s soup and Chef Boyardee pasta are banned from Lori Popkewitz Alper’s pantry in Bedford, Massachusetts, because the mother of three says her family may be harmed by the chemical that lines the metal containers.
Campbell Soup Co., the maker of Goldfish crackers and chicken noodle soup, may be next on acquirers’ grocery lists after the $29 billion takeover of H.J. Heinz Co. this year.
Investors searching for insights into Kraft Foods Inc.’s strategy once it splits in two this year may want to consider a 100-year-old Brazilian chocolate brand called Lacta.
Mr. Peanut has a stunt double.
Kellogg Co. agreed to acquire Procter & Gamble Co.’s Pringles potato chip business for about $2.7 billion in cash to triple its global snacks sales after a deal with Diamond Foods Inc. fell through.
"We may see further deal making in the health and wellness space as companies jostle for position in these faster-growing categories."
- Alexia Howard on Oct 22, 2014
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