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Steve Cahillane is joining from Kellanova, now in the hands of Mars, while board chair Miguel Patricio is also stepping down.
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Under the updated rules, directors on Ben & Jerry’s independent board will now be subject to a maximum term of nine years.
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The changes come as the US group looks to improve its performance after pressure from activist investor Elliott Investment Management.
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The deal, struck with a group of investors, has been signed off for $133m.
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Accession Capital Partners subscribed to a new share issue, acquiring a 23% stake in Agrova.
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KatKin plans to use the investment to fuel its expansion across the UK and support its entry into new markets.
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Simon Harvey speaks to four food M&A advisers and hears protein and fibre are likely to drive deal-making in 2026.
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JBS said the move is part of a strategy to “optimise its value-added and case-ready business” and “simplify” operations.
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