20 December 2024
20 December 2024
FrieslandCampina and Micolbel have talked up the positives of their planned deal but Europe’s dairy sector is a tough place to do business.
A front-of-pack, nutritional classification labelling system remains in the pipeline under the Biden administration.
Jana Partners said that the decision to replace the CEO with another long-standing executive is a “stick in the eye” for shareholders.
The funding will support the establishment of an Eggs & Rounds production line, expected to be operational by next year.
As part of the agreement, SevenVentures will support Planted with advertising campaigns on ProSiebenSat.1 channels and the Joyn streaming platform.
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The Loma Linda, Neat and Tuno shelf-stable brands owner said it will no longer be part of Above Food’s plans.
The Cheerios maker now anticipates a decrease in adjusted operating profit ranging from 2% to 4% in constant currency.
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