Hershey: Cadbury-Nestlé bid likely?
Potential buyers for US confectionery giant Hershey are close to putting their bids on the table, despite ongoing legal hitches, sources familiar with the situation said on Sunday.
Archives for September 8, 2002
Chocolate: new legislation explained
Following the concretisation of a European Directive for chocolate regulations, due to come into force in Europe in the summer of 2003, the UK Food Standards Agency (FSA) said this week that it is to host a short seminar to discuss the changes. The...
EU Food Safety Board disappoints
The creation of a new European Food Safety Authority (EFSA) is a major component of the legal and organisational reforms to tackle food safety in Europe. When the Council of Ministers recently announced the composition of the new EFSA, and with only...
Fatty acid operation sold by Lonza
Swiss life science company Lonza has agreed to sell its fatty acid and glycerine operation in Ohio, USA to oleochemical producers Twin Rivers Technologies.
Brussels shelves alcohol tax plans
A proposal which would have meant an increase in beer and wine duties in some EU countries and a sharp reduction in others has been scrapped by the Commission in the face of fierce opposition.
Shares move for Associated British Foods subsidiary
UK food, ingredients and retail group Associated British Foods (ABF) announced on Friday that the minority shareholders of its Australian subsidiary, George Weston Foods Limited, have voted in favour of a proposal for a selective capital reduction and...
Corn sweetener purchase cleared
Archer Daniels Midland, the leading US ethanol producer, on Friday won conditional approval from US antitrust authorities to acquire privately owned Minnesota Corn Processors LLC, a smaller rival.
Retailers urged to take greater role in food safety
British consumers are increasingly concerned about food safety, but the government's efforts to get the message across are falling largely on deaf ears. Instead, food manufacturers and, increasingly, retailers are being called on to play a greater role.
Safeway, Asda quick to dispel takeover rumours
A rumoured takeover bid for beleaguered food retailer Safeway by larger rival Asda has been dismissed as speculation by both chains. But Safeway's problems continue and an eventual buy out cannot be ruled out entirely.