Markets

Kraft prepares for UB bid

Kraft prepares for UB bid

By Anita Awbi

American manufacturer Kraft will make a bid for United Biscuit's
southern European division, while Premier Foods and a Dutch equity
firm negotiate for stakes in UB's northern European operations.

Nestlé outperforms in Q1

Nestlé outperforms in Q1

By Anita Awbi

Swiss food giant Nestlé has announced a first-quarter sales rise of
14.1 per cent to CHF22.8bn (€14.5bn), beating analyst expectations
and reconfirming its full-year target of a five to six per cent
growth rate.

Golden Wonder's January sale

Golden Wonder's January sale

By Anita Awbi

Following last week's collapse of British snack maker Golden
Wonder, more than 60 prospective buyers have approached the
administrators hoping to acquire the rights to some of Britain's
most well known crisp brands.

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