Archives for September 4, 2002

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Interbrew takes back Bass rights in US

Belgium's Interbrew has acquired the US rights to its Bass Ale brand, bringing a premature end to an earlier agreement with Diageo. The comapny also reported a slide in profits in the first half, despite some good performances in core markets.

Good news for chocoholics

Adding to the increasing body of evidence that suggests chocolate may be beneficial to the health comes new research that reveals this 'ultimate temptation' may help fight off cancer and heart disease, and, with a certain irony, might be effective as...

High starch diet linked to cancer

As research into the formation of acrylamide - a potentially cancer causing chemical - in starchy fried or baked foods gains pace, a new study released this week will do little to alleviate fears linked to starch diets. Scientists find that high...

Green light for Cereol purchase

Regulatory bodies in the US have given US oil processor Bunge the go ahead to continue with its proposed acquisition of a 55 per cent controlling stake in French oil seed company Cereol. Ingredients company Central Soya, a subsidiary of Cereol, could...

Sweet, but not tempting enough

Carbohydrate ingredients company Tate & Lyle on Wednesday announced that despite expressions of interest from a number of parties and several weeks of detailed negotiations, it has not managed to sell its molasses and storage business.

Hershey, and the story goes on...

Shares in food giant Nestle jumped 2.8 per cent on Wednesday as investors bet a US court would intervene in the sale of Hershey Foods, reducing the odds that Nestle would overpay for the chocolate icon.

Energy bars go mainstream with Cadbury's Boost Guarana

A new energy bar with guarana has been launched by UK confectionery group Cadbury Schweppes, the first 'mainstream' chocolate bar to enter the energy market. Boost Guarana is said to offer as much extra energy as an energy drink.