Entries tagged "food deals"
Tyson Foods Inc. decided it's going to take advantage of low market valuations and make some acquisitions. The company said it's going to use $1.5 billion in cash to acquire poultry farms and processing plants in Brazil, China, India and the U.S. ...
H.J. Heinz Co. is licking its chops in this current sagging global economic environment. "The pipeline for potential acquisitions has risen to unprecedented levels," executive vice president and chief financial officer Art Winkleblack said at the Wachovia 2008 Consumer Growth Conference on Tuesday. ...