Food market news of the week - Mondelez ends interest in Hershey, Lactalis' deal with farmers, Campbell CEO "displeased"
The biggest story of the week came at the start, with Mondelez International giving up on its interest in Hershey. Staying in the US, Campbell Soup Co. reported on another challenging quarter for the business, while snacks group Snyder's-Lance bought full control of UK popcorn firm Metcalfe's Skinny. In Europe, Arla Foods announced an ambitious target for sales from milk-based drinks, while Lactalis struck a deal with farmers on the price it pays for milk after a series of protests.
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