The dividing-up of Dean Foods
The US dairy giant, which is looking to spin off its WhiteWaveFoods-Alpro business by the end of the year, has also admitted it could sell an own-label unit Morningstar.
US dairy giant Dean Foods has said it is considering the sale of its Morningstar business, a producer of creams and cultured dairy products for foodservice and own-label firms.
Food analysts on Wall Street have touted for nearly two years that Dean Foods, the US dairy giant, could spin off WhiteWave-Alpro, its soy and organic arm. This week, the company took the plunge. But could the new WhiteWave Foods Co. be a takeover target?
Dean Foods has announced plans to list part of the business that runs its soy and organics operations, including the Alpro brand.
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