Divestment

JBS, Sigma Vie For Kraft Heinz's $3bn Hot-Dog Business, Sources Say

Brazil's JBS and Mexico's Sigma Alimentos are among those competing to acquire Oscar Mayer, the hot dogs and cold cuts business of packaged food giant Kraf...

Fortenova To Negotiate Sale Of Its Agriculture Division With Podravka

Fortenova Group has signed an exclusive agreement with Podravka d.d. to negotiate the sale of its agriculture division.

Brazil's GPA Sells Sao Paulo Fuel Stations To Ultrapar

Brazilian retailer GPA has agreed to sell its network of gas stations in Sao Paulo state to conglomerate Ultrapar as part of a broader push to divest from...

Haleon To Sell Nicotine Replacement Therapy Business Outside US

Haleon will sell its nicotine replacement therapy business outside the US to a unit of India's Dr. Reddy's for £500 million (€592.23 million), t...

What Leadership Qualities Are Necessary To Head Up A FMCG Spin-Off?

With corporate spin-offs common among multinationals in FMCG as well as other sectors, the CEO of a new business must be willing and able to take the brand...

Stora Enso Completes Divestment Of Its Maxau Paper Site

Stora Enso has has announced it has completed the divestment of its Maxau paper production site in Germany, and all related assets to Schwarz Produktion, p...

Sonae MC To Sell Maxmat To Cimentos Estrada Pedra

Sonae SGPS, SA has announced that its subsidiary Sonae MC has reached an agreement to sell its 50% share capital in Modelo - Distribuição De...

Ebro Foods To Sell Part Of Dry Pasta And Noodles Business In The US

Spain's Ebro Foods has announced that it has agreed to sell part of its dry pasta and noodles business to TreeHouse Foods in the USA through its subsidiary...