Archives for August 30, 2004

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Krispy Kreme running out of ideas?

Krispy Kreme is fast becoming the lame duck of the New York Stock Exchange as investors desert the US maker of doughnuts amid concerns over the rising levels of obesity, writes Sibonelo Radebe. And the company appears to have little in the way of a...

Belgian brewer sells fruit juice arm

Duvel Moortgat, the Belgian brewing group, has sold its fruit juice operation Freya's Deli Fruit to compatriot Konings for an undisclosed sum, a move precipitated by the need for urgent investment in the company.

Healthy results for Kerry

Ongoing demand for healthy products helped Irish food and ingredients firm Kerry to a strong first half performance. And with recent acquisitions pushing it into other high growth sectors, there is little to stop the group from making further advances...