Reuters — Amazon.com said Friday it would buy grocer Whole Foods Market for US$13.7 billion in a move that gives the online retailer a physical network of stores to distribute […] Read more
Amazon moves into real-world stores with Whole Foods deal
Post tucks into British breakfast cereal Weetabix
London/Shanghai/New York | Reuters — Post Holdings is buying leading British breakfast cereal brand Weetabix from China’s Bright Food Group for 1.4 billion pounds (C$2.4 billion), giving the U.S.-focused company […] Read more
Tim Hortons owner reported near deal to buy Popeyes
Reuters — Restaurant Brands International, owner of the Burger King and Tim Hortons fast food chains, is nearing a deal to acquire Popeyes Louisiana Kitchen, people familiar with the matter […] Read more
Austere empire-building weighs on Kraft’s Unilever bid
Reuters — Buyout firm 3G Capital managed to build a consumer empire with a market value of over US$140 billion in just seven years. Yet its ruthless approach to costs […] Read more
Jacket maker Canada Goose reported planning IPO
Reuters — Canada Goose Inc., a maker of luxury winter down jackets, is interviewing banks to help prepare for an initial public offering (IPO) that could value the company at […] Read more
Couche-Tard reported in lead to buy Corner Store chain
New York | Reuters –– Convenience store operator Alimentation Couche-Tard is in the lead to acquire U.S.-based convenience store retailer CST Brands, according to two sources familiar with the matter. […] Read more
SunOpta pressured by shareholders after sluggish sales
Reuters – Canadian organic food company SunOpta Inc, already under pressure from U.S. hedge fund Tourbillon Capital Partners LP, is being prodded by a second activist shareholder to explore the sale […] Read more
Tomato producer Mastronardi said seeking buyer
Reuters — Mastronardi Produce, an Ontario grower and distributor of hothouse tomatoes, peppers and cucumbers, is exploring a sale it hopes could value it at as much as $900 million, […] Read more
ConAgra turns to Centerview again for advice on Ralcorp
Reuters — ConAgra Foods has hired Centerview Partners to explore a sale of its private label unit Ralcorp, just two years after it acquired the troubled business with advice from […] Read more