Canada

Canada's Loblaw Hurt By Weak Demand For Household Items, Misses Q3 Revenue Estimates

Canadian supermarket retailer Loblaw Companies missed third-quarter revenue estimates, hurt by a slowdown in the demand for its non-essential goods such as...

J.M. Smucker To Divest Cookie Brand Voortman In $305m Deal

J.M. Smucker said it would sell its cookie brand, Voortman, to US-based premium snacks maker Second Name Brands in a $305 million all-cash deal.

7-Eleven Owner's 'Core' Classification Will Not Lift Buyout Hurdles, Minister Says

The new classification of 7-Eleven's parent company as "core" to Japanese national security will not raise hurdles to a potential buyout, Japan's...

General Mills To Sell North America Yoghurt Operations To Lactalis, Sodiaal In $2-bn Deal

General Mills is in talks to sell its US and Canadian yoghurt operations to French dairy firms Groupe Lactalis and Sodiaal, respectively, Bloomberg News ha...

Japan's Seven & i Rejects Couche-Tard's Takeover Offer

Japanese retail giant Seven & i Holdings has turned down Canada's Alimentation Couche-Tard's $38.5 billion (€34.65 billion) cash bid.

Artisan Partners Urges Seven & i Update On Takeover Bid By 19 September

U.S. fund Artisan Partners Asset Management ramped up pressure on Japan's Seven and i Holdings, urging the retailer's board to provide an update on a takeo...

Possible Seven & i Takeover Would Be 'Historic' For Corporate Japan

Japan's Seven & i Holdings must act fast to negotiate a takeover bid from Canada's Alimentation Couche-Tard that has "historic implications",...

Soybeans Drop 1%, Corn Hits Four-Year Low On Forecast Of Bumper US Crops

Chicago soybeans slid 1% on Monday and corn fell to its lowest level in four years after a widely tracked crop tour of key U.S. growing areas forecast bump...