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Juice and soft drinks giant Refresco, and the consortium consisting of PAI Partners SAS and British Columbia Investment Management Corporation (BCIMC) acting jointly through Sunshine Investments have issued a joint statement relating to the conditional agreement for a public offer by the Consortium for all the issued and outstanding ordinary shares of Refresco at an offer price of EUR20 (USD23.47) in cash per share.
Singapore-based Wilmar International has agreed to buy Cargill’s edible oil facilities in Kuantan, Malaysia, for an undisclosed sum.
FrieslandCampina has completed its disposal of fresh fruit and fruit juices company Riedel. Dutch investment company Standard Investment took over the shares and the activities of Riedel on November 10.
The Dutch Neerlands Glorie, holding of the vegetable and fruit processor Hak, has acquired 51% of the stake in the German distributor Foodeko, as IEG Vu confirmed yesterday with the sales organisation. The price of the purchase is undisclosed.
Beechdean Group has announced that it has purchased the remaining 50% shares of Lovingtons Ice Cream.
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