Stock Market

Bellamy's has a new CEO, with Andrew Cohen temporarily at the helm.

Shares down as Bellamy’s returns to trading

By Jim Cornall

There have been changes at Australian formula makers Bellamy’s as CEO Laura McBain has stepped down and been immediately replaced with former COO Andrew Cohen taking over in a temporary capacity.

Last month Domty was the largest producer of cheese using Tetra Pak packaging in the world, for the third year running. © iStock.com

Domty announces $144m IPO details

By Eliot Beer

Egypt’s Domty has released details of its forthcoming initial public offering (IPO), with plans to sell 49% of the company for up to US$144m.

Nestlé is still feeling the impact of the Maggi noodles incident

Nestlé results show Maggi incident still hurts

By Laurence Gibbons

Nestlé’s still suffering from its Indian Maggi noodle recall and has lost touch with the Chinese consumer, hitting growth for the global food and drink manufacturer, according to market analysts.

Saudi food giant Almarai may buy a US$1.5bn stake in the UAE’s National Food Products Company (NFPC). (image:iStock.com)

Almarai in $1.5bn NFPC possible purchase

By Eliot Beer

Saudi food giant Almarai may buy a US$1.5bn stake in the UAE’s National Food Products Company (NFPC), as the Saudi firm ups its dividend payment and plans to boost its equity. 

Tate & Lyle said it expected to finalise a plan to maximise returns from Splenda by the end of the month.

Ajinomoto denies Splenda buyout rumours

By Caroline SCOTT-THOMAS

Ajinomoto has denied claims published in the UK’s Telegraph newspaper that it was eyeing Tate & Lyle’s Splenda sucralose business.

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.

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