Market News
Kraft to move into Cadbury’s UK sites
05/12/10Kraft Foods is to turn Cadbury’s bases in Uxbridge and Bournville into its UK headquarters, according to the Financial Times. Kraft said on Monday it opted for Uxbridge over Kraft’s base in Cheltenham, Gloucestershire – the...
JTI focuses on Mild Seven in Asia
05/12/10The company is to introduce Less Smoke Smell cigarette technology and a limited edition “Equalizer” pack later in the year Tobacco supplier Japan Tobacco International (JTI) is to continue focusing on its Mild Seven brand in the...
Mondi sells packaging paper merchant Europapier
05/11/10Mondi is selling its central European packaging paper merchant for EUR 60m (£51m) as part of its divestment programme to focus on core business. The Anglo-South African firm has signed an agreement to sell 100% of its shares to...
Kraft brushes off Buffett’s Cadbury criticism
05/05/10Kraft Foods has defended its takeover of Cadbury - and the sale of its US frozen food business that helped fund the deal - after criticism from major shareholder Warren Buffett. The US food giant told just-food yesterday that the...
Tobacco groups seek to challenge display ban
05/03/10Imperial Tobacco, Japan Tobacco International (JTI) and British American Tobacco (BAT) said on Monday that they are to challenge through the courts an impending ban on the display of tobacco products at retailers. The three...