31 July 2023
31 July 2023
The global food industry has met claims prices have been increased more than necessary with a resounding no.
According to news agency Interfax, Putin today (31 July) described moves to take control of the local units of Carlsberg and Danone as “special” cases.
Mondelez has faced tough negotiations with grocers in a number of European countries.
Additional costs to businesses were key to Defra’s decision given the current economic environment.
The transaction is expected to close in September.
Oatly has announced an “improvement” plan for its business in Asia after seeing slow growth there post-Covid.
Carrefour’s CEO said discussions with branded suppliers so far have resulted in promotional campaigns rather than real price cuts.
Investments worth $120m will be pumped into the scheme over the next seven years.
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