Archives for February 10, 2005

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Orkla in acquisitive mood after solid financial results

Norwegian group Orkla has expressed interest in takeovers beyond its $1.76 billion bid for aluminium packaging manufacturer Elkem after it reported a stronger than expected 25 per cent rise in fourth quarter-core earnings.

Krispy Kreme crisis prompts redundancies

The cash-stricken Krispy Kreme doughnut company is to shed a quarter of its workforce in an attempt to overhaul losses as over-expansion and a lack of new products to appease health-conscious consumers threaten to send the firm under, reports Chris...

Splenda fights back

Tate & Lyle's Splenda brand in the news again this week as McNeil Nutritionals, the table-top supplier of this increasingly popular sweetener, takes the US sugar industry to court.