PepsiCo to Buy General Mills&#39; European Snacks Stake
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PepsiCo. Inc., the world&#39;s No. 2 soft- drink maker, plans to buy General Mills Inc.&#39;s 40.5 percent stake in their European snacks joint venture for $750 million in cash.
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PepsiCo Inc.  posted a 61 percent rise in quarterly profit on Thursday on strong U.S. sales of Frito-Lay snacks, but shares fell because of weak demand for its Gatorade sports drink and a conservative forecast.
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IPE.com 5/Oct/04: UK - Drinks firm Diageo has transferred four million shares in US cereal maker General Mills to its UK pension plan to help cut the schemeâs 750 million-pound (1.
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Quiznos Sub, the third-largest U.S.  sandwich chain, said on Wednesday it signed a deal to serve  PepsiCo Inc. PEP.N drinks in its U.S. outlets, ending a  23-year relationship with Coca-Cola Co. KO.N
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Kellogg Co., the world's leading maker of breakfast cereals, said Thursday that it has bought the United Bakers Group, a leading Russian maker of crackers, biscuits and breakfast cereals.
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DALLAS ConAgra Foods will get 194 (M) million dollars for selling its minority interest in Swift Foods to Dallas-based Hicks, Muse, Tate and Furst.
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PEPSICO this week announced that it plans to acquire the Naked Juice Company as part of its effort to Âexpand into natural, healthy, good-for-you productsÂ that Âaddress growing consumer health and wellness needs.Â .
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Ionics Inc., a Watertown water treatment company with global operations, agreed to be purchased yesterday by General Electric Co. for $1.1 billion in cash.
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General Mills announced plans Thursday to start using healthier whole grains in all of its ready-to-eat cereals, including children&#39;s cereals such as Trix, Cocoa Puffs and Lucky Charms.
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Five snack food makers including PepsiCo, Mars Inc. and Kraft Foods Inc. have pledged to replace Doritos and doughnuts with healthier products in school vending machines and snack bars under a voluntary agreement brokered by former president Bill Clinton and the American Heart Association.
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British cigarette maker Imperial Tobacco said it would buy Commonwealth Brands, the fourth biggest player in the United States, for 1.9 billion dollars (1.46 billion euros).
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Swedish hygiene and paper product maker SCA  said on Monday it had signed a deal to buy all of Procter & Gamble's  European tissue operations for 512 million euros ($672 million) in cash.
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PLEASANTON -- US developer Mills Corp. has agreed to buy a 50 percent interest in Stoneridge mall and eight other regional malls from General Motors Asset Management Corp.
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Kraft Foods Inc. announced Tuesday that it has offered 5.3 billion euros ($7.2 billion) in cash to acquire the biscuit division of French food company Groupe Danone SA.
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General Mills announced Thursday it will become the first leading food manufacturer to make all of its Big G breakfast cereals, shown in this undated photo, with whole grain.
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Diageo is looking to sell part of its stake in General Mills Inc. The drinks giant announced yesterday (4 October) that it plans to sell around 33.
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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.