Breaking News on Food Marketing and Retailing
Top Headlines
Kraft bid wins over 74% of Cadbury shareholders
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Kraft’s takeover of UK chocolate firm Cadbury is now unconditional, as 74 per cent of Cadbury shareholders yesterday accepted the offer of 840p per share plus a 10p dividend. Related news |
How EU health claim rules affect TV and radio adsThe UK Broadcast Committee of Advertising Practice (BCAP) has revised its guidelines to bring them in line with the 2006 European Union nutrition and health claims regulation (NHCR). Crown eyes acquisitions; forecasts demand rebound in US and EuropeCrown Holdings said it is looking to make acquisitions in emerging markets and expected demand in its North American and Western European packaging sectors to bounce back this year. Dairy Crest plans overhaul of milk factoriesDairy Crest has earmarked £75m over three years in its latest trading update for spending on new equipment at its liquid milk dairies. EFSA to convene bisphenol A summitA group of international experts are to be invited to a top level summit on bisphenol A (BPA) by the European Food Safety Authority (EFSA). |
News in brief
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Today's headlines across the Food industry
Coca-Cola faces mercury poisoning cases in China from BeverageDaily.com
Coca-Cola brand Sprite has been caught up in a Chinese investigation into two cases of alleged mercury poisoning.
Europe depresses Pepsi Bottling Group sales from BeverageDaily.com
The Pepsi Bottling Group (PBG), which is being bought out by PepsiCo, has published flat full year sales figures as volumes declined sharply in Europe and Mexico.
Manufacturers lack sufficient product recall cover from FoodNavigator.com
Typically less than 10 per cent of food manufacturers have product recall insurance, with the majority relying on traditional product liability cover, according to insurance broker Jardine Lloyd Thompson (JLT).
Germans call for energy shot ban from NutraIngredients.com
German health authorities have issued a 14-page statement warning against over-consumption of energy shots – one of the fastest growing segments of the international beverages market.
Spotlight
Recessionary dynamics boost private label soft drink sales
Sales of private label soft drinks are accelerating as consumers go out less and therefore drink more at home, according to a new report...
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