Archives for September 13, 2004

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Knjaz Milos bidding set for new heights

The Serbian Privitisation Agency says that all the current bids for mineral water bottler Knjaz Milos will fail because they are too low, a fact that is likely to lead to a second round of more heated bidding. And with interest in the company still...

Yeast acquisitions hold up profit for UK ABF

Despite a warning in April that raw materials and currency would have an impact on second half earnings, the UK ingredients firm Associated British Foods, which in July laid down €1 billion for leading yeast supplier Burns Philp, said today that...