Lightning Round: Good Grilled Cheese, B-Grade Cuisine
What else has been happening on the web this week? Time for a Friday afternoon link round-up!
1
Search Results “takeover”
SABMiller Buys Foster's Group for $10.2 Billion
Sorry, Foster's: it looks like 'SABMiller' is Australian for 'beer,' now
Foster's Fights to Outbid SABMiller for Shareholders
Australian beer giant Foster's Group offers $500 million AUD to shareholders in an attempt to ward off a takeover by SABMiller
Magical Elves Casting for New Bravo Cooking Competition
Top Chef production team Magical Elves is casting professional chefs for a globe-trotting new culinary competition on Bravo
Henny Penny Corporation Named KFC Supplier of the Year
KFC's standout supplier wins this year's YUM Brands STAR Award
Foster's Rejects SABMiller AUS9.5 Billion Takeover Bid
Australian brewer Foster's says thanks but no thanks to Miller's multi-billion dollar proposal
Kraft Foods' CFO plans to retire
Kraft Foods, Inc. announced Executive Vice President and CFO Timothy McLevish will retire from the company, effective mid-2011. David Brearton, current executive vice president of operations, will be promoted to replace McLevish, who will pursue other opportunities in general...
Pepsi Plans to Focus on Healthier Beverages
As the world's second largest carbonated soft drink manufacturer and the largest packaged foods product manufacturer, Pepsi is making a push into the healthy foods market. In an effort to further this initiative the company recently completed the acquisition...
The history behind three popular fast food franchises
The 1950s in America was a very booming era for fast food franchises. Three major fast food businesses that demonstrate much success today began in the early 1950s with very ambitious business leaders at the helm of each franchise. This month Food and Drink Digital explores the inception of Taco Bell, McDonald’s and Burger King to see how each take-out business took-off.
PepsiCo becomes Russia's largest food and drink company
In some new business stats coming out of Russia, PepsiCo has become the country’s largest food and drink company in a single bound after buying a majority stake in dairy and juice producer Wimm-Bill-Dann Foods.
Ex-Cadbury Executive Becomes Bacardi President
In his new position, Stefan Bomhard will be responsible for commercial operations for the Company’s internationally known portfolio of premium spirit in Europe, the Middle East and Africa. Bomhard comes to the position from Kraft Foods where he was President for Kraft’s large European coffee business, based in Zurich.
120 of 165 Cadbury Staff Leave Since Kraft Takeover
Of the 165 senior staff at Cadbury whose jobs were under consultation at Bournville and Uxbridge, 120 had left the company.
United Biscuits’ Owners Test Water for £2bn Sale
The private equity firms Blackstone and PAI Partners are looking to appoint investment bankers to oversee a potential auction of United Biscuits. United Biscuits owns a wide range of major British food brands, including Hula Hoops, Jaffa Cakes, Penguin and more.
Coca-Cola Axe Facebook Campaign Over Porn Reference
The Facebook campaign, named “Status Takeover”, involved Facebook users allowing Dr. Pepper to take over the status updates on their accounts to post embarrassing messages to their friends, in return for an opportunity to win a cash prize. Examples of embarrassing statuses included "Lost my special blankie.
Kraft to Sell Off Cadbury's E. Wedel Brand
The sale was a condition enforced by the European Commission for Kraft Foods’ acquisition of Cadbury earlier this year. Kraft will also be required to sell off its chocolate confectionery and soft cake business in Romania.
Corn Products International acquires National Starch
The deal will see Corn Products International takeover the company from coatings and specialty chemicals company AkzoNobel. Corn Products International is a leading global provider of ingredient solutions for diversified industries.
Cadbury Marketing Executive moves to Muller
Leaving his role as Global Brand Director at Cadbury, Rolston will be moving to a position as Marketing Director at Muller Dairy. Rolston has been with Cadbury since 2007, when he moved there from Whitbread.
Cadbury executives begin to jump ship
Mark Reckitt is the most senior executive left at Cadbury within Kraft.
Warren Buffett cuts Kraft stake
Warren Buffett criticized Irene Rosenfeld, CEO of Kraft Foods, for acquiring Cadbury Plc and selling Kraft’s frozen pizza business to Nestle.
Kraft closes UK headquarters
The US company, which owns chocolate company Cadbury Plc, said that staff would be moved from its Cheltenham office to the Cadbury headquarters in Uxbridge, and its offices in Cadbury’s historic home of Bournville.
