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.
- It won't just be Unilever to push for Brexit hikes
- Price an underlying tension across European FMCG
- Interview: UK trade body on Brexit's policy impact
- Danone's Q3 sales - what the analysts say
- Interview: UK trade body on the impact of Brexit
- PepsiCo sets 2025 nutrition, sustainability goals
- Nestle lowers outlook on "softer environment"
- China "transition" drags on Danone Q3
- UK announces "action plan" to drive food exports
- Farmers' groups slam Danone over non-GMO stance