Archives for April 17, 2012

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PepsiCo’s new Chinese alliance will not change our business strategy: Coke CEO

18-Apr-2012

By Ben Bouckley

Coca-Cola Company CEO Muhtar Kent says the firm will not change its Chinese business strategy in response to PepsiCo’s new alliance with leading local drinks maker Tingyi-Asahi Beverages (TAB).

Cargill agrees sale of juice blends and compounds business to Wild Flavors

18-Apr-2012

By Ben Bouckley

Cargill has signed an agreement that will see Wild Flavors acquire its global juice cold blends and compounds business for an undisclosed amount, subject to anti-trust approvals.