3 result(s) displayed (1 - 3 of 3):

Kraft's reshaping continues (from Corporate Dealmaker)

As Kraft Foods Inc. continues to adjust its portfolio of businesses, shareholders will have the option to retain holdings in the Post cereals business, which is being sold to Ralcorp Mailman LLC for $2.6 billion. Kraft will split off all of the outstanding shares of subsidiary Cable Holdco Inc., which...

Posted on June 17, 2008 4:36 PM

Bristol-Myers taps dealmaker as new CFO (from Corporate Dealmaker)

On March 31, Andrew Bonfield, executive vice president and chief financial officer of Bristol-Myers Squibb Co., will relinquish his role to Jean-Marc Huet. Huet (pictured) comes to BMS from the world of baby food. He was the engineer behind Amsterdam-based Royal Numico NV's acquisition strategy and their eventual $16.8 billion...

Posted on March 5, 2008 12:08 PM

Danone divests, acquires, makes peace--and big profits (from Corporate Dealmaker)

France's Groupe Danone SA's 2007 net income soared 309%, from 1.4 billion euros ($2 billion) in 2006 to 4.2 billion euros. This came from a whirlwind month in July, where Danone sold its cookies and cereals business to Kraft Foods Inc. for 5.3 billion euros. That deal, from which they...

Posted on February 14, 2008 1:15 PM