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Germany’s Intersnack to take US peer Utz private in $2.9bn deal

New York-listed Utz Brands will be taken private, with its family shareholders – the Rice and Lissette families – owning 50% and Intersnack holding the remainder.

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US lines up 50% tariff on alcohol, dairy from Canada

Impacted products include a range of spirits, wine and beer, as well as dairy products such as milk and cream.

GLP-1 drugs and the shift in consumer demand “from quantity and towards quality”

Taking GLP-1 medication has become a “new form of proactive health management” – GlobalData analyst Magda Dziuba.

Mars to cut jobs at US snacks arm

The owner of Snickers and M&M’s said it will be “sunsetting” a site in Newark in New Jersey by December 2027.

Noumi enters takeover deal with major investor Arrovest

The transaction, valued at around A$737m ($517.8m), will put Noumi into private ownership, according to an exchange filing.

Taylor Farms lettuce sample gives “false positive” for cyclospora, FDA says

The FDA confirmed a Taylor Farms site in Mexico as the source on Friday and Saturday before withdrawing its positive assessment yesterday.

Nestlé to build pet-food plant in Italy

The Purina maker said it is targeting demand for “super-premium wet pet food”.

French watchdog conditionally clears Euralis, Maïsadour merger

Euralis and Maïsadour have offered “three sets of commitments” to address the competition risks identified by the French authority.

Nomad Foods steers to second-quarter sales decline, flat EBITDA

“We are pleased to report that second-quarter results are projected to be ahead of the expectations we communicated last quarter,” CEO Dominic Brisby said.