Food industry
French Prime Minister Dominique de Villepin issued a warning to potential foreign bidders for Groupe Danone, describing the food multinational as one of France's "industrial jewels". The statement comes as PepsiCo, with the guidance of investment banks Morgan Stanley and UBS, is reportedly considering a takeover
Food industry
In a scenario that's being closely watched by investors on Wall Street and in Europe, rumors of a potential bid for French company Danone by Pepsico have sparked fears of a bidding war that might involve Coca-Cola. As a tempting target, Danone's acquisition would involve several
Soft drink industry
Cadbury Schweppes, a British confectionery-to-soft-drinks giant, has its sights set on acquiring control of the US-based Dr Pepper/Seven-Up group, in which it already holds a 25% stake. The move, which would dramatically strengthen Cadbury's position as the world's third-largest fizzy drinks company, could cost up
Soft drink industry
In a significant move aimed at bolstering the prestige of the Coca-Cola Cup, the Football League has announced that teams from Europe will be given byes into the competition's third round. This decision comes in light of Manchester United's use of young players against Port Vale
Soft drink industry
Wolves continued to lead the First Division, thanks to a last-minute winning goal from Republic of Ireland striker David Kelly against Portsmouth at Fratton Park. This was their third consecutive away victory, coming on the heels of wins against Sunderland and Coventry. Graham Taylor, Wolves' manager, was pleased with
Soft drink industry
Stock traders and international currency traders shifted their focus from global events to economic indicators yesterday, driving stock prices up and down across various markets. Amid the trading, notable rises were seen in stocks such as Coca-Cola, Eli Lilly, and Time Warner. The Dow Jones industrial average rose 3.37
