Archives for July 11, 2007

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S&P downgrades Danone's credit rating

By  Charlotte Eyre

Standard & Poor's announced today that it has lowered its credit ratings on French company Danone, based on the projected increased debt due its proposed acquisition of Numico.

Cadbury buys US bottler

By  Ahmed ElAmin

As part of a plan to sell its drinks business, Cadbury Schweppes today said it has acquired the Southeast-Atlantic Beverage Corp. (Seabev), the second largest independent bottler in the US.

Chr Hansen makes novel cultures for sausages

By  Jess Halliday

Chr Hansen is introducing two new starter cultures for dry and semi-dry fermented sausages, intended to deliver good flavour even when products are produced with an eye on health and sustainability.