Stock Market

If Bright Food does acquire Weetabix in full it will inherit a 'stable of established international brands' and branding knowledge, says China Market Research (CMR) analyst

If Bright Food takes over Weetabix...

By Kacey Culliney

Bright Food will need to protect Weetabix’s UK brand heritage should speculation of a full buyout come true, says a China-based analyst.

Fonterra considers flotation

Fonterra considers flotation

By Jess Halliday

Fonterra is initiating a two-year consultation to adopt a preferred
capital structure that could see it split in two and listing on the
New Zealand Stock Exchange, to better take advantage
of growth opportunities.

Pechiney snubs Alcan offer

Pechiney snubs Alcan offer

Alcan has confirmed that its discussions with Pechiney on the terms
of a proposal for an increase in its offer for all of Pechiney's
securities have ended. But Alcan says it is still confident that a
deal will be eventually agreed.

Alcan expands into Asia

Alcan expands into Asia

Alcan has confirmed further details of the acquisition of shares in
the Flexible Packaging Division of Hydro Aluminium Deutschland,
which allow the company to expand into the European packaging
market.

Nampak wraps up takeover

Nampak wraps up takeover

AN SA packaging group, with a turnover of R18 billion (€1.78bn) a
year, is due to emerge from the Nampak-Malbak merger, which crossed
its last major hurdle yesterday when Malbak shareholders approved
the R1.97bn transaction.

Rift over Smurfit offer

Rift over Smurfit offer

Irish investors have sharply criticised Jefferson Smurfit, the
Dublin-based paperboard and packaging company, for its willingness
to accept a €3.7 billion takeover bid from Madison Dearborn
Partners, the US private equity firm.

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