A New Zealand entrepreneur, the main shareholder in Australian food
ingredients firm Burns Philp, announced a takeover bid on Friday
for dairy products company New Zealand Dairy Foods.
The next episode in the saga of Snow Brand Milk Products, the
Japanese company hit by food safety scandals, unfurled yesterday
when the company announced that it is to tie up with two
agricultural cooperatives and request a capital...
Anglo-Dutch food company Unilever this week reported faster growth
in the leading brands, strong expansion of operating margin and
strong progress for the fourth quarter of 2001.
Shares in Japan's scandal-racked Snow Brand Milk Products Co soared
in Tuesday trade after a weekend report that the company might form
an alliance with three domestic dairy operators.
The Australian Commerce Commission has received an application from
one of Australia's largest food companies, National Foods, to
acquire up to 100 per cent of the issued shares of New Zealand
Dairy Foods (NZDF).
Russia's leading dairy products and fruit juices company is set to
launch an initial public offering on the New York Stock Exchange in
the next few weeks.