News & Analysis on the Bakery and Snacks Industries
A legal firm specializing in shareholder litigation has launched an investigation to determine whether Ralcorp has acted in its shareholders’ best interests by rejecting a recent $94 a share cash offer from ConAgra.
Analysts estimate that the ingredients division of Associated British Foods (ABF) is likely to have a tough second half in line with the “lacklustre” operating performance in the first six months.
Kerry Group’s acquisition of sweet ingredients provider SuCrest will extend its technology and expertise in that arena, said the global flavour and ingredients powerhouse.