Stock

Blue Apron hit with avalanche of stock-drop lawsuits

Blue Apron hit with avalanche of shareholder lawsuits

By Elaine Watson

Meal kit market leader Blue Apron has been hit with an avalanche of ‘stock drop’ lawsuits from a series of law firms alleging that shareholders were duped into paying over the odds to buy the firm’s stock – which has lost almost half of its value since...

Source: Keurig Green Mountain

Investor group acquires Keurig Green Mountain for $13.9 billion

By Elizabeth Crawford

After struggling with slumping stock prices, increased competition and consumer complaints, Keurig Green Mountain stockholders received some good news for a change Dec. 7 when an investor group led by JAB Holdings acquired the single-serve coffee pod...

The bid by Tyson is valued at $8.55bn

Tyson Foods tables highest offer for Hillshire

By Georgi Gyton

Tyson Foods placed a second and final bid for Chicago-based Hillshire Brands, to acquire all the outstanding common shares of the business for $63 per share, in cash.

Tyson Foods has offer $50 per share for the Chicago-based firm

Hillshire Brands responds to takeover bids

By Georgi Gyton

US firm The Hillshire Brands Company appears to be the subject of a bidding war, with a number of unsolicited proposals to buy the business – from Tyson Foods and Pilgrim’s Pride.

Rock 'n' Roll PepsiCo? OK, we're only kidding, but Nelson Peltz insists a faster, sharper drinks standalone would compete better with Coke

‘Whatever happened to my beverage rock ‘n roll?'

Reset or risk drinks 'destruction' in North America: Peltz warns Pepsi

By ‘Whatever happened to my beverage rock ‘n roll?'

PepsiCo must return to its roots as a ‘lean, hard-hitting’ $30bn+ revenue beverage business under standalone management as the current strategy risks destroying its North American arm, Nelson Peltz warns.

Dole, once synonymous with canned pineapple, is now exclusively a fresh foods company.

Dole completes sale of processed food business

By Hank Schultz

Dole Food Company has completed the sale of it global packaged foods and Asia fresh businesses to ITOCHU Corporation of Japan for $1.7 billion in cash.  The transaction will include rights to the Dole name in certain packaged food products worldwide and...

Spotlight

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