SABMiller JV China Resources Snow Breweries (CR Snow) has signed a $47 million deal with Asahi Breweries Itochu to buy the remaining stakes of 55% in Hangzhou Xihu Breweries Asahi (Hangzhou Xihu Beer) and 25% in Xihu Breweries Asahi Co (Huzhou Brewery).
Pproposed reforms are welcomed or feared, but something has to change or there will be a repeat of 2009 in the not too distant future, U.S. Agriculture Secretary Tom Vilsack said in an interview.
Corn Products International Inc. has reported a net income attributable to the company of $79.3 million, or $1.01 per diluted share, for the second quarter ended June 30, 2011.
Danone agreed to buy Wockhardt's nutrition business and brands for 250 million euros ($355 million), gaining an entry into India's baby nutrition markets.
U.S. sales of natural/organic food and beverages grew 9%, to nearly $39 billion, compared to under 2% growth for nonorganic grocery categories, according to a new report