Markets

Goodman spurns Burns

Goodman spurns Burns

Goodman Fielder, Australia's largest food company, has today
rejected a hostile bid by international yeast and ingredients
company Burns Philp. Goodman Fielder advised its shareholders to
spurn the bid because "the offer...

New structure for Rhodia

New structure for Rhodia

In a bid to strengthen customer relations, French chemicals company
Rhodia announced yesterday that from now on it will be grouped
around four divisions which will essentially serve the company's
key markets.

ABF sells flour operations

ABF sells flour operations

In a bid to streamline its UK milling operations, food and
ingredients group Associated British Foods is to sell its British
third party flour milling business to ADM Milling, a wholly owned
subsidiary of Archer Daniels Midland.

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