Food, Billion | featured news

Germany's JAB to buy Douwe Egberts firm in $9.8 billion deal

German investor Joh A Benckiser (JAB) is to buy the owner of Douwe Egberts coffee in a 7.5-billion-euro ($9.8 billion) deal to create a global hot drinks empire aimed at taking on market leaders Nestle and Mondelez.

 

ABC News asks judge to toss 'pink slime' lawsuit

Lawyers for ABC News asked a judge Wednesday to toss out a $1 billion defamation lawsuit filed by a South Dakota-based meat processor over a meat product that critics dub "pink slime," saying the news organization did not knowingly disparage the company or its product....

 

Permira to Buy Sushi Chain for About $1 Billion

European private-equity firm Permira said it would buy Japanese sushi chain Akindo Sushiro for around $1 billion, making a bet that the popular restaurant brand can expand beyond Japan.

 

Diamond Foods buying Pringles in $1.5B deal

Diamond Foods buying Pringles in $1.5B deal

Diamond Foods Inc. is buying Procter & Gamble Co.'s Pringles chips business in a deal valued at $1.5 billion....

Senh: Pringles is worth $1.5B. Damn. They are good, though.

 

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