Chobani, the US-based yoghurt group, has admitted it is weighing up interest from companies looking at investing in the business – and this week the identity of some purported suitors emerged. Staying in dairy, Vietnam's government is looking to sell its 45% stake in Vinamilk, which dominates much of the growing sector there. And a Friday one-two from Nestle, which cut its forecast for annual sales after a challenging, Maggi-affected third quarter and then confirmed tests in India allow the company to at least resume production of the noodles.
Chobani 'sees Coke bow out; WhiteWave in talks'
Coca-Cola Co. has reportedly stopped talks with Chobani after deciding the US yoghurt maker did not fit its portfolio.
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Vietnam to sell stake in dairy group Vinamilk
Vietnam is looking to offload its stake in Vinamilk, the country's largest dairy group, as part of a number of disposals of state investments in businesses.
Nestle lowers FY outlook as 9M sales miss
Nestle lowered its outlook for annual organic sales after reporting nine-month top-line figures that missed analyst forecasts this morning (16 October) – numbers in part due to the Maggi noodles recall in India.
Later today, it emerged Nestle can restart production of Maggi noodles after tests ordered by the Bombay High Court returned negative. More tests are needed before production can resume.
Arla banned from selling skyr yoghurt in Finland
Arla Foods has been told to stop selling yoghurt sold using the name "skyr" in Finland following a legal challenge from Icelandic group MS Dairies.
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By GlobalDataKerry Group eyes more European markets for Cheestrings
Kerry Group is "hopeful" it can add to the nine European markets in which it sells cheese brand Cheestrings in 2016, the Ireland-based business has told just-food.
Sustainability-focused FMCG brands "outperform" – Nielsen
Sustainability is becoming a key factor among shoppers when deciding which consumer brand to buy, according to a new US Nielsen study.
Unilever "strong" Q3 boosted by ice cream
Unilever reported a better-than-expected third quarter performance this morning (15 October) when ice cream sales and soft comparables in China enabled the group to book "strong" underlying sales growth.
Click here for just-food's analysis of Unilever's third-quarter sales. Will growth translate to improved margins?
Voortman Cookies sells majority stake to Swander Pace Capital
Voortman Cookies, the Canada-based biscuit maker, has sold a majority stake in its business to North American private-equity firm Swander Pace Capital.
Mondelez 'could face charges' over Cadbury India corruption allegations
Mondelez International has confirmed it continues to co-operate with a US Securities and Exchange Commission investigation into allegations of corruption at a unit in India as reports surface the US regulator could launch civil action against the Dairy Milk maker.
Mondelez launches Belvita breakfast biscuits in China
Mondelez International has launched its Belvita breakfast biscuits into China, targeting what it says is the growing appetite for more "modern" eating habits in the morning.
