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Monsanto Shareowners Approve Merger with Bayer
Monsanto Company (NYSE: MON) announced that at a special meeting of shareowners held on December 13, shareowners of the company approved the merger of Monsanto with a wholly owned subsidiary of Bayer Aktiengesellschaft.
Wednesday, December 14, 2016
PepsiCo Wants to Sell Healthy Food, Consumers Want Chips
Pepsico is a company pulled in two different directions. Chief executive Indra Nooyi has vowed to turn the maker of Fritos, Cheetos, Lay’s and Pepsi into a health juggernaut. But while consumers say they want to eat healthy, often what they really want is chips.
J.R. Simplot to court to seek control of troubled affiliates
Agribusiness giant J. R. Simplot is seeking receivership over two of its vegetable suppliers, claiming mismanagement of the $400-million-grossing companies threatens 2,000 jobs and could end in bankruptcy without court intervention.
FAO Food Price Index down slightly in November 2016
The FAO Food Price Index (FFPI) averaged 171.3 points in November 2016, only 0.4 percent below its October level, but still 10.4 percent higher than in November 2015.
Thursday, December 8, 2016
Third automatic high-bay frozen storage for potato processor Agristo
Belgian pre-fried and frozen potato products manufacturer Agristo is teaming up with Egemin Automation for the third time in a row for the construction of a new, fully automated high-bay deepfreeze warehouse.
Snyder's-Lance exits culinary nuts business
Last week Snyder’s-Lance, Inc.announced that the Company had signed a definitive agreement to sell its Diamond of California® culinary nut business to Blue Road Capital.
Avebe launches new nutritional concepts at Health Ingredients Europe
Avebe takes an active role in the development of appealing, nutritional and healthy food products with potato based solutions.
Tuesday, December 6, 2016
Space plasma experiment on the International Space Station (ISS). Plasma Kristall-4 is shown here
Bad smells from deep-fat frying in restaurants and take-away food venues could soon be eradicated thanks to experiments funded by ESA on the International Space Station.