JAPAN: Unilever buys Ajinomoto's stake in Asian JV for $381m
Anglo-Dutch food and consumer products giant Unilever said today [Tuesday] that it has agreed to pay US$381m for the 50% it does not already own in an Asian food venture from Japanese food and seasoning producer Ajinomoto. Unilever said it would pay for the balance of the CPC/Aji Asia joint venture over two years but would take full management control and 100% of sales and operating profit from 25 March 2003.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- Why personalisation will take-off in US food
- Comment: Meal kits in US - don't believe the hype
- US food next wave on display at Winter Fancy Food
- Interview: The Soulfull Project's mission
- General Mills sales woes continue - analysis
- Post Holdings 'close to acquiring Weetabix'
- Kraft Heinz cuts jobs in US, Canada
- Recipe-kit firm HelloFresh launches into UK retail
- UK, EU food faces "more costly" trade, warns study
- Mondelez set for union crosshairs next week