WORLD NEWS
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Camil Alimentos acquires PepsiCo biscuit assets
BRAZIL— Camil Alimentos, a Brazil-based cookie manufacturer, has acquired a chunk of PepsiCo’s biscuit business, with a game plan of expanding in “regions complementary to…
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CVC discusses selling stake in snack food business GarudaFood
INDONESIA— Private-equity firm CVC Capital Partners is reportedly in talks to sell its stake in Indonesian snack food business GarudaFood Putri Putri Jaya in a…
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Kellogg appoints Gary Pilnick CEO of new North America cereals business
USA— Kellogg has unveiled the executive picks to lead its soon-to-be spun-off North America cereals business— as part of its upcoming split into three standalone…
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High consumption of ultra-processed foods exposes you to dementia risk, new study finds
CHINA- Are you an ardent lover of ultra-processed foods such as soft drinks, salty and sugary snacks, ice cream, sausage, deep-fried chicken yogurt, canned baked…
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Food Startup Investment of the week: Oatside closes US$65m series A funding round
GLOBAL – Oatside, A Singaporean oat milk brand, is leading this week’s food startup investment round up having successfully completed a US$65 million series A…