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...Jefferies has named Philippe Drouin as its Emea head of consumer food and beverage. He was previously UBS chair of global consumer and retail....
...At the end of September, it expanded its legal action to target Unilever in London as well as its US subsidiary....
...They claim in a lawsuit filed against two DCC subsidiaries, DCC Technology Holdings, Inc and Exertis (UK) Limited (PDF link), that the defendants breached obligations on earn-out payments and that Stampede...
...Asahi Group Holdings, a Japanese beverage maker, said in December that its beer subsidiary would increase nonalcoholic and low alcoholic drink sales volumes to 20 per cent of its portfolio by 2025, or more...
...No one wants to go up against a huge corporation like Coca-Cola, but I thought long and hard about this and decided to stand up for what is right.”...
...Henan Shuanghui Investment & Development Sector: Food & Beverage / HQ: LUOhe, china Henan Shuanghui is the China subsidiary of Hong Kong-listed WH Group, the world’s largest pork producer, which owns more...
...It is produced using solely local cassava, also known as manioc, from small farmers in this shoulder of South America....
...Another potential pitfall for Beam, under Japanese ownership, is the impact of North America’s cannabis craze....
...Subsidiary Smithfield exported more than 254,000 tonnes of pork to China in 2016, according to WH Group’s 2016 earnings, accounting for 77 per cent of US exports to the country....
...Shares of DineEquity — which, through its subsidiaries, franchises Applebee’s, a purveyor of family-friendly American fare, and IHOP, the all-day pancake chain — jumped as much as 15.6 per cent after the...
...A version of this article was first published by the Nikkei Asian Review on January 24. ©2018 Nikkei Inc. All rights reserved....
...Snapdeal was particularly hurt by this trend, as it struggled to keep pace with its better-resourced rivals Flipkart and Amazon, which last year made a further capital commitment of $3bn to its Indian subsidiary...
...In the US, Mars and Wrigley, already considered a wholly owned Mars’ subsidiary, command a quarter of the market, according to Euromonitor....
...Myawaddy Trading and MEC’s Dagon Beverages subsidiary are both in the top five sales taxpayers. Other than these details, MEHL and MEC remain opaque....
...US corporations hold an estimated $1.1tn offshore cash pile, according to rating agency Moody’s....
...General Mills, the company behind Cheerios and Häagen-Dazs ice cream, incurred a $35m charge when it sold its subsidiary in the country earlier this year....
...The value of venture capital deals in food and beverage in North America was eight times higher last year — at $830m — than in 2012, and in Europe, the value doubled, according to Preqin, the data provider...
...They ranged across the amount of cash held in various Berkshire subsidiaries, its share buyback policy, and the gloomy outlook for its reinsurance and railroad businesses....
...By loading up US subsidiaries with debt from head office, foreign companies can deduct the interest payments from their US tax bills — a practice called earnings stripping....
...PepsiCo has managed partially to mitigate the effect of the strong dollar and slower global growth thanks to resilience in North America, which accounts for 60 per cent of sales and two-thirds of operating...
...The flurry of activity closed with a $5.3bn bid for UK-listed insurer Amlin by Mitsui Sumitomo, a subsidiary of MS & AD....
...Close to 13m Nigerians live on between $1 and $2 a day, according to data from the International Finance Corporation, and are used to a traditional breakfast of powdered milk and bread or fried dough and...
...The group also plans to use Johannesburg as its regional headquarters for Africa, which is one of the world’s fast growing markets for beverages....
...Neil Ashe, Walmart’s head of online, said that the acquisition will enable its Chinese subsidiary and Walmart to raise efficiency and expand product availability by integrating sourcing, while he planned...
...Significantly, the facilities will be put under the control of a “data trustee” in the form of T-Systems, a subsidiary of Deutsche Telekom, the German telecoms group....
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