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Saturday 02 November 2024
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Roasters

Kraft Heinz reviews options to sell Maxwell House coffee business, says Cnbc

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MILAN — Kraft Heinz Co has appointed investment bank Crédit Suisse to review options for its Maxwell House coffee business, including a potential sale,...
Chocolate

Nutella maker rumoured to be targeting Nestlé’s sweet confectionery

Desk3 -
MILAN – Ferrero SpA, the maker of Nutella spread, and the third biggest chocolate producer and confectionery company in the world, has the sweet snack division of Nestlé U.S. in its sights, according to reports. For Ferrero, this would be an unprecedented attack on the lucrative U.S. market as well as its biggest takeover in its history ...
Companies

JAB Holdings in advanced talks to buy bakery chain Panera Bread

Desk3 -
MILAN – Panera Bread's shares spiked more than 13 percent in aftermarket trading on Tuesday, after Bloomberg reported that JAB was in advanced talked to acquire the bakery chain. JAB, the investment arm of the secretive Reimann family, owns other brands such as Keurig Green Mountain and Krispy Kreme Doughnuts.

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