WORLD NEWS
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Lion Brewery divests two UK craft breweries to Odyssey Inn to focus more on established markets
UK – Lion, an Australian-based alcoholic beverage giant, has divested its domestic UK-based operations including Magic Rock and Fourpure to Odyssey Inn ltd, for undisclosed…
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Bayer acquires majority stake in sustainable lower carbon oilseed producer CoverCress
GERMANY — Bayer Corp., has increased its stake to a 65 percent majority holding of sustainable lower carbon oilseed producer CoverCress, Inc. (CCI), the remaining…
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Hill’s Pet Nutrition to acquire Red Collar Pet Foods plants
USA— Hill’s Pet Nutrition plans to add to its US manufacturing capabilities with a US$700 million purchase of three Ohio based dry pet-food plants from…
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Greenfield proposed US$400 million export grain terminal to bolster local economy
USA— Greenfield Holdings LLC’s planned construction of a US$400 million export grain terminal in Wallace, Louisiana will create 371 new jobs in the community with…
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At a valuation of US$20.8B, Nestlé is the world’s most valuable food brand: Brand Finance
GLOBAL – Switzerland-headquartered multinational food company, Nestlé is once again the world’s most valuable brand, according to leading brand valuation consultancy, Brand Finance. Valued at…