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Ralcorp board approves Post cereals spin-off

Ralcorp board approves Post cereals spin-off

By Caroline Scott-Thomas

Ralcorp has outlined the shape of the company after it spins off its Post cereals business, four years after it bought the maker of Grape-Nuts, Raisin Bran and Honey Bunches of Oats from Kraft Foods for $1.65bn.

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.

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