Minneapolis firm plans to acquire Pillsbury units

Article Abstract:

International Multifoods Corp. has reached an agreement to acquire certain units of Pillsbury Co. and General Mills Inc. for $305 million (326.2 million) in cash. International Multifoods will acquire Pillsbury's specialty products and desserts operations, as well as General Mills's Robin Hood flour brand.

Flour and other grain mill products, Flour, Flour Milling, Desserts, General Mills Inc., International MultiFoods Corp., GIS, IMC, Agricultural processing industry, Pillsbury Co., Flour industry

---

Heinz abandons its plan to buy Beech-Nut

Article Abstract:

HJ Heinz Co. is terminated its plans to acquire Beech-Nut after the deal was blocked by a federal appeals court panel in the US. The court said the planned $185 million deal would have killed off competition in the baby food market.

H.J. Heinz Co., HNZ, Beech-Nut

---

Nestle's Dreyer's bid nears crunch time

Article Abstract:

Nestle S.A. is close to reaching a deal with antitrust officials in the US for its proposed acquisition of Dreyer's Grand Ice Cream Inc. The 2.43 billion euros deal, if approved, will include Dreyer's distribution system in the US.

Strategy & planning, Switzerland, Planning, Company acquisition/merger, Nestle S.A., Dairy products industry, Ice cream industry, Distribution management software, Dreyer's Grand Ice Cream Inc., DRYR, Company business planning, Food and beverage production/distribution software

Similar abstracts:

• Abstracts: Nokia looks to acquire Internet-tech companies. StoraEnso plans to sell power assets. Sonera CEO focuses on cultivating business
• Abstracts: Viel plans further acquisitions. Fimatex rethinks strategy to build business in Europe. CEO has keen edge for public relations: Anne Meaux wields straight talk as France?s cozy business world adopts parry-and thrust tactics
• Abstracts: Astral, Corus re-edit movie brands. Air Canada promotes its high points. The boom in dot-com ads
• Abstracts: HBC merges retail loyalty programs. Banks ads pledge customer care. Turning the page

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.