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CEO Peter ter Kulve is positioning for India to become the “largest ice-cream market in the world”.
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Orkla said the deal will give it “production capacity to support continued growth” of its Bubs brand.
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Brijesh Krishnaswamy is expected to become COO on a part-time basis from 24 August and move to full-time employment in September.
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The move for Dalco is the second acquisition Livekindly has announced in five weeks.
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One of the buyers, Bidfood Pacific Islands, will purchase T&G's Fijian and Pacific Islands export operations.
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According to GlobalData figures, Baker McKenzie was the sector’s top M&A legal adviser by volume of deals.
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Speaking to analysts after Danone booked first-half results, Antoine de Saint-Affrique outlined the opportunities of owning both brands.
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Despite record high retail prices, Americans continue to buy beef like it’s 2019, writes Victor Martino.
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