The fourth time is apparently the charm, as SABMiller has agreed “in principle” to merge with Anheuser-Busch InBev. AB InBev on Monday confirmed another offer to buy SABMiller for about 67.4 billion pounds, or $103.6 billion. The bid is more than a pound more per share (43.50) than its previous offer of GBP 42.15, which […]
Category: Suppliers
Posted in, Beverage News, National, Suppliers
A-B InBev Ups Bid, Again, For SAB Miller
Anheuser-Busch InBev really wants to merge with SABMiller in order to make a global beer giant. The company today confirmed another offer to buy SABMiller for about 67.4 billion pounds, or $103.6 billion. The bid is more than a pound more per share (43.50) than its previous offer of 42.15, which SABMiller rejected less than […]
Posted in, Grocery News, Marketing News, National, Suppliers
Facts Up Front Featured On Lifetime
A Lifetime show airing this month features Facts Up Front and how this innovative front-of-pack labeling can help people shop for food and prepare balanced and healthier meals, according to the Grocery Manufacturers Association (GMA). The Balancing Act segment first aired Oct. 8 and will be broadcast again on Oct. 15, in addition to being […]
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SABMiller Rejects Latest Purchase Offer From A-B InBev
The SABMiller board of directors has unanimously rejected Anheuser-Busch InBev’s latest offer to buy the company for GBP 42.15 per share in cash, which would have given it a value of nearly £68 billion, or $103.6 billion. A-B made the proposal today. The offer is the company’s third for SABMiller; the prior two were written […]
Posted in, Midwest, Suppliers
ConAgra Foods Cutting 1,500 Jobs As It Readies For HQ Move
ConAgra Foods has unveiled what it calls “restructuring plans” in order “to improve profitability, advance its growth agenda and unlock shareholder value.” ConAgra says it expects to realize at least $300 million of efficiency benefits within the next three years through a combination of reductions in SG&A and enhancements to trade spend processes and tools. […]
Posted in, Frozen Food, Perishables, Southwest, Suppliers
Consumer Support Slows Expansion Of Blue Bell Market Re-Entry
Blue Bell Ice Cream will enter phase two of its five-phase market re-entry plan on Nov. 2. Phase two includes north central Texas (Dallas, Fort Worth and Waco areas) and north central and southern Oklahoma (Tulsa and Oklahoma City areas). “We have experienced tremendous consumer response and support since our return to stores on Aug. […]
Posted in, Center Store, Executive News, Southeast, Suppliers
Flowers Baking Co. Gets New President
Flowers Foods has named Chris Mulford president of Flowers Baking Co. of Thomasville, Georgia, a subsidiary of Flowers Foods. Mickey Miller, current bakery president, retires after 42 years of service with the company. Mulford began his career with Flowers in 1987. Holding several sales positions with the company, he most recently served as VP of […]
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242 Breweries Take Home Medals at 2015 Great American Beer Festival
The 2015 Great American Beer Festival (GABF) competition in Boulder, Colorado, awarded 275 medals to some of the best commercial breweries in the U.S., plus three GABF Pro-Am medals to teams of amateur brewers paired with professional brewers. Presented by the Brewers Association, GABF is the largest commercial beer competition in the world and a […]