Kraft to Sell UK Desserts Business
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Kraft Foods Inc. said Thursday it agreed to sell its UK desserts business to Premier Foods PLC for $135 million. Kraft said the transaction, which is subject to required approvals, is expected to close in the first quarter of 2005.
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Wm. Wrigley Jr. Co. WWY.N is buying  the Life Savers and Altoids candy and mint businesses from  Kraft Foods Inc. KFT.N for $1.48 billion in cash, the  companies said on Monday.
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British sweets-to-DVDs retailer  Woolworths Plc  said it had replaced management at its  EUK wholesale unit, as an analyst said he expects the company  to announce the renegotiation of its bulging debt shortly.
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Kraft, the struggling American food group, yesterday announced the $1.5bn (Â£810m) sale of its Life Savers and Altoids confectionery division to the chewing gum business Wm Wrigley Jr.
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French food group Danone  is in exclusive talks to sell its biscuit and cereal unit for 5.3 billion euros ($7.2 billion) in cash to Kraft Foods Inc , the world's biggest cookie maker, they said on Tuesday.
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French food group Danone  is in  exclusive talks to sell its biscuit and cereal snack unit for  5.3 billion euros ($7.2 billion) in cash to Kraft Foods Inc  , the world&#39;s biggest cookie maker, they said on  Tuesday.
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U.S.-based Kraft Foods Inc. , the  world's second-largest food company, has paid around 575  million pounds ($1.1 billion) to acquire a part of Britain's  United Biscuits (UB), the Financial Times reported on Monday.
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Kraft Foods announced Tuesday that it has offered $7.2 billion in cash to acquire the biscuit division of French food company Groupe Danone.
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Sainsbury's is to buy family owned supermarket firm Curley's in a multi-million pound deal.
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Kraft Foods Inc., the owner of Oscar Mayer Foods Corp., Madison, said Monday that it will sell its sugar confectionery business, including the Life Savers and Altoids brands, to chewing gum and candy maker Wm.
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Danone is in exclusive talks to sell its  biscuit and cereal unit to the world&#39;s biggest cookie maker,  Kraft Foods, for 5.3 billion euros ($7.20 billion) in cash, the  food groups said on Tuesday.
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Wrigley today announced plans to buy those brands from Kraft Foods for one-point-four-eight (B) billion dollars. The sale includes the Life Savers, Creme Savers and Altoids brands, as well as several local
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French group Danone, whose LU cookies have accompanied the snacks of generations of French children, said Tuesday it was in exclusive talks with US rival Kraft Foods about the sale of its biscuit unit for 5.3 billion euros (7.2 billion dollars).
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Kraft Foods Inc. plans to buy Groupe Danone SA's biscuit unit for $7.2 billion to become Europe's largest maker of cookies.
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US food giant Kraft Foods is reported to be considering the sale of its Altoids breath mints and Life Savers confectionery brands.
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WRIGLEY is buying the Life Savers and Altoids sweet and mint businesses from Kraft Foods for Â£800 million. The deal allows Wrigley to expand in the sweet section, while leaving Kraft to focus on the rest of its food business.
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French food group Danone said Tuesday it was in exclusive talks with US rival Kraft Foods on the sale of Danone&#39;s biscuit unit for 5.3 billion euros (7.2 billion dollars).