Mars-Kellanova mega deal could create $60bn powerhouse
Analysts suggest such a deal, the largest since the Kraft-Heinz merger, could unleash industry consolidation.
06 August 2024
06 August 2024
Analysts suggest such a deal, the largest since the Kraft-Heinz merger, could unleash industry consolidation.
Operating income of $341m compared to a loss of $350m a year earlier.
Bridgepoint, which invested in the Swedish group in 2016, remains a minority shareholder.
Veganz will use the funds to scale the production of its milk-alternative brand Mililk.
Roughly 95% of First Union members voted in favour of striking after nine days of negotiations.
GFI says individual company fundraising is still capable of having a major impact on overall investment figures.
A lack of lab facilities is resulting in extra costs and border delays.
The companies plan to work together in India and “other agreed territories”, a stock exchange announcement said.
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