Dean Foods clears $1bn long-term debt through Morningstar sale
The sale of Morningstar to Canadian dairy giant Saputo has enabled Dean Foods to reduce its long-term debt by almost a third, according to the Dallas-based dairy giant.
Archives for January 10, 2013
Nestlé quiet on Pfizer Nutrition-driven Latin American assets sale rumour
Nestlé has refused to comment on reports that it is working with financial advisory group Rothschild to sell more than $1bn of Latin American assets in an effort to win regulatory approval for its acquisition of Pfizer Nutrition.