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The transaction values the owner of the Carbonell and Bertolli brands at €520m ($584.5m).
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CEO Steve Cahillane has seemingly ruled out a sale of the Oscar Mayer meat brand, which weighed on third-quarter US retail sales.
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The snack major claims the packaging for Joyride’s Sour Smacks line “features nearly identical copies” of the Sour Patch Kids mascot.
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The US giant has asked for the removal from sale of Moo Free White Choccy Snowballs but has not taken legal action.
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Cyberattacks on supermarket freezers make operational technology (OT) a board-level risk.
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Optimum Nutrition protein powder prices were raised more than 26% in the third quarter, with some elasticity impact.
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Kellogg said "changing weather conditions are affecting the quality and availability of some of the rice and grains used in our cereals".
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The Swiss food giant said the disposal supports its ongoing focus on “simplifying our business to drive growth”.
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The “pasture-raised” egg producer also withdrew its 2030 financial targets.
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