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Brazil’s JBS, the world’s largest beef processor, has concluded the acquisition of Empire Packing Company – a company that specializes in the processing of packaged beef and pork.
Convenience food giant Conagra Brands has reported its Q3 financial results and announced it has raised its profit forecast for 2020 as the coronavirus (Covid-19) pandemic sees consumer demand for its groceries and snacks skyrocketing.
Chinese pork processor China Xiangtai Food Co. has agreed to buy a majority stake in JMC, one of the leading feed sales companies in southwest China.
The Philippine Competition Commission regulator said that the transaction is not likely to result in a substantial lessening of competition, noting that there are competitive constraints from other participants in the carbonated soft drinks, non-carbonated beverage, and bottled water markets.
Russia's state-run economic development institution, the VEB, has closed a deal to sell Ural Broiler – one of the country’s largest chicken producers – to Stavropol Broiler company.
PZ Cussons, a hygiene and healthcare company, plans to sell its juice and dairy subsidiary in Nigeria.
FrieslandCampina WAMCO Nigeria Plc, a local subsidiary of the Dutch dairy supplier, Royal FrieslandCampina, is to buy Nutricima, a Nigerian dairy juice and beverage distribution company.
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