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Food Processing

B&G Foods to acquire Back To Nature Foods Company

Aug 20 (Reuters) - B&G Foods Inc ::B&G Foods to acquire Back To Nature Foods Company.Says deal for about $162.5 million in cash.B&G Foods - sees deal to be immediately accretive to its earnings per share, free cash flow.B&G Foods Inc - intends to fund acquisition and related fees and expenses with...

Sunday, 20 Aug 2017

Upper Egypt Flour Mills FY standalone profit rises

Aug 20 (Reuters) - UPPER EGYPT FLOUR MILLS ::FY STANDALONE NET PROFIT AFTER TAX EGP 155.3 MILLION VERSUS EGP 110.5 MILLION YEAR AGO.FY STANDALONE REVENUE EGP 3.13 BILLION VERSUS EGP 2.84 BILLION YEAR AGO.BOARD PROPOSES FY DIVIDEND OF EGP 9 PER SHARE.

Sunday, 20 Aug 2017

Ajinomoto fully acquires Turkey-based food firm

Aug 18 (Reuters) - Ajinomoto Co Inc :Says it acquires 50 percent stake in a Turkey-based food firm on Aug. 17 (local time).Says acquisition price is about 181 million Turkish liras (about 5.67 billion yen) .Says it holds 100 percent stake in the firm, up from 50 percent .

Friday, 18 Aug 2017

Kerevitas authorizes management for strategic initiatives in food industry

Aug 17 (Reuters) - KEREVITAS GIDA SANAYI VE TICARET AS ::SAID ON WEDNESDAY AUTHORIZED MANAGEMENT TO ENGAGE IN STRATEGIC INITIATIVES IN THE FOOD INDUSTRY TO DIVERSIFY AND ACCELERATE THE GROWTH STRATEGY AND CREATE INCOME-GENERATING RESULTS.REPORTED Q2 REVENUE OF 161.0 MILLION LIRA VERSUS 125.4 MILLION...

Thursday, 17 Aug 2017

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