Post Holdings completes $150 million acquisition of Nestle brands
Post Holdings Inc. has closed on its $150 million acquisition of the PowerBar and Musashi brands from Nestle.
#Sri Lankan court summons Fonterra officials to face contempt charge
A Sri Lankan court on Wednesday issued a summons to Fonterra Brands Lanka, the local company of New Zealand’s Fonterra and four of its top officials to face contempt of court charges for not adhering to an earlier ruling that banned sales and advertising  of all Fonterra milk products.
#Danone Invests in Mengniu as Chinese Demand Food Safety
Danone (BN), owner of Activia yogurt and Evian water, will spend about 325 million euros ($417 million) to form a joint venture and invest in China’s biggest dairy producer to expand its brands in the most populous nation.