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  • SINGAPORE: Japan's Sanyo takes stake in Olam's food biz

    Japan's Sanyo takes stake in Olam's food biz

    just-food.com 18 Aug '14, 4pm

    Sanyo to take 25% of Olam's packaged food business Japanese instant noodle group Sanyo Foods has struck a deal to acquire a 25% stake in Olam International 's packaged foods business for a consideration of at least US$187.5m. The move strengthens the existing partnership between the t...

  • TCC says latest Fraser & Neave offer is "final"

    just-food.com 22 Jan '13, 4pm

    ThaiBev-controlled TCC Assets has said its SGD9.55-per-share bid for Fraser & Neave (F&N) is its "final" offer for the group. TCC upped its bid for the conglomerate last week in a move to see off rival Overseas Union Enterprise (OUE). And yesterday (21 January), OUE said said it was w...

  • Food boosts Olam Q1 profits

    just-food.com 15 Nov '12, 11am

    Olam’s Executive Director of Finance and Business Development, A Shekhar explained the results: “Olam continues to deliver overall earnings growth amidst a still sluggish recovery in market conditions especially within the Industrial Raw Materials segment. This has been a result of ou...

  • 2011 Thai floods hit F&N's dairy profits

    just-food.com 19 Nov '12, 10pm

    Singapore conglomerate Fraser and Neave has booked a drop in annual profits from its dairy business after production was hit by the floods in Thailand late last year. F&N, which is the subject of a takeover battle, reported its results for the year to 30 September and said earnings fr...

  • OUE offer "not compelling but fair", says F&N

    just-food.com 19 Dec '12, 4pm

    Fraser and Neave's board of directors has branded Overseas Union Enterprise's (OUE) S$13.1bn (US$10.7bn) offer for the group as "not compelling, but fair". The Singapore conglomerate released a 116-page circular to shareholders today (19 December), outlining its opinion on the offer. ...

  • SWITZ/SINGAPORE: Barry Callebaut buys Petra Foods' cocoa arm: Barry Callebaut said today (12 December) it had be...

    Barry Callebaut buys Petra Foods' cocoa arm

    just-food.com 12 Dec '12, 10am

    Barry Callebaut said today (12 December) it had become the world's largest cocoa processor after agreeing to buy Petra Foods ' cocoa ingredients business for US$950m. The Switzerland-based group, which supplies cocoa and chocolate products to some of the world's largest chocolate bran...

  • Wilmar Q1 profit climbs

    just-food.com 08 May '13, 2pm

    Singapore agribusiness giant Wilmar International has booked an increase in first-quarter earnings and offered a confident outlook for the remainder of the year. In the three-month period, net profit increased 23% to US$315.4m, the company reported today (8 May). The improvement was l...

  • OUE withdraws from Fraser & Neave bidding war

    just-food.com 21 Jan '13, 1pm

    The battle for Fraser & Neave appears to be over after Overseas Union Enterprise (OUE) said it will not increase its bid to match its rival, TCC Assets. In a statement today (21 January), the property group said it has decided "not to revise the offer price", after ThaiBev-controlled ...

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