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Nueva Rumasa

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Fonterra confirmed plans this week that it is in talks over a joint venture in cheese and whey production in Europe. Meanwhile, ConAgra has affirmed that its sights are still firmly set on acquiring Ralcorp. Wal-Mart has continued to see its top executives leave, with the third executive leaving its Chinese unit, while its UK division, Asda, lost its COO Simon King. Click on the headlines for more.

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It's likely Carrefour CEO Lars Olofsson will be a little apprehensive as he heads off for work tomorrow (21 June).

Spain's competition watchdog is mulling the takeover of food and drink firm Cacaolat by a consortium led by local brewer Damm and Coca-Cola Co. bottler Cobega.

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One of the four bids for Spanish food and drink firm Cacaolat has reportedly been discarded by the court handling the sale of the company.

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Four bids have reportedly been made for bankrupt Spanish food and drink firm Cacaolat.

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Bankrupt Spanish dairy group Clesa could be saved by Galician agricultural association Agaca, whch is considering purchasing the firm's plant in Pontevedra, Galicia, Northerwest Spain.

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The sale of bankrupt Spanish food and drink firm Cacaolat could take place in September, a senior executive working with one of the bidding firms has told just-food.

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Spanish food and drink firm Cacaolat will dismiss almost three-quarters of its workforce as it continues to struggle after the bankruptcy of its parent company.

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Bankrupt Spanish food maker Nueva Rumasa has become the subject of a fraud investigation by the country's highest court.

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Europe's E. coli scandal was a feature of this week's headlines, with signs that the outbreak has peaked, the EU agreeing on compensation for farmers and Russia's ban on produce imports still in place. Elsewhere in Europe, Carrefour's French troubles continued, UK ice-cream maker R&R Ice Cream looked to expand across the Channel and Nestle was linked to Spanish firm Cacaolat. In the retail sector, Sainsbury's issued its latest sales numbers and we looked at the problems that Metro Group's Makro arm is having in the UK. Click on the headlines for more.

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Nestle has added itself to a swelling roster of potential suitors for Cacaolat, the Spanish chocolate shakes-to-biscuits company owned by beleaguered food group Nueva Rumasa.

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Megafinance's decision to inject "well over" EUR70m into bankrupt Spanish food group Nueva Rumasa will be made in the coming days, the Portuguese buyout fund has told just-food.

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Spanish food company Nueva Rumasa has put three of its businesses - including dairy firm Clesa and desserts brand Dhul - under bankruptcy protection and is looking for investors or potential buyers for them, a company official has confirmed.