Hints and tips:
...“People are shifting from food and beverage brands to beauty brands....
Popularity of craft brands and Mexican imports were already eroding appeal of country’s former best-selling beer
Private equity has minted fortunes in the sector
Deal would bring together two of the country’s largest supermarkets, testing antitrust policies
...Chinese public companies in the US have come under heightened scrutiny after beverage chain Luckin Coffee was revealed in 2020 to have defrauded investors by faking more than $300mn in sales....
Acquirer’s options to improve returns include property deals and asset sales
Eminence Capital says offer is ‘highly opportunistic’ and too low
...Alphaville was recently flipping through the Paycheck Protection Program (PPP) data dump from the US Treasury and came across loans for two entities called Delight Holdco I LLC and Delight Holdco II LLC....
Steve Easterbrook lost his job after relationship with colleague but kept stock options
Critics of investors such as Dan Loeb given boost by Delaware case
Stock could be worth as much as $58 if company agreed to sell itself, hedge fund says
US group will pay $2.2bn for Brazilian-owned meat business
Activist’s drive to oust board set to pit founder’s descendants against each other
Daniel Loeb’s activist fund has taken a near-6% stake in the food company
...The two beverage giants, as well as JAB Holding’s Keurig Dr Pepper business, are rapidly retooling their portfolios....
Millennials like fresh but they also like frozen
Deal creates group with revenues of $11bn
Move between pharmacy chain and Albertsons falls through after investor opposition
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