Mondelēz Reduces Stake in Keurig Dr Pepper

Mondelēz Reduces Stake in Keurig Dr Pepper

Mondelēz International has agreed to sell part of its stake in Keurig Dr Pepper to a financial services firm for a total consideration of approximately $362.7 million. As part of the deal, Mondelēz will sell approximately 12.5 million shares in Keurig Dr Pepper at a...
Kellogg’s Pringles Brand Unveils Paper Can Trial

Kellogg’s Pringles Brand Unveils Paper Can Trial

Kellogg is trialling new paper packaging for its Pringles brand, as part of a new partnership with UK retailer Tesco. The current tube used by the Pringles brand is made from a combination of foil, paper board, metal and plastic, meaning it can be difficult to recycle...
Heineken Acquires Peruvian Beer Brand Tres Cruces

Heineken Acquires Peruvian Beer Brand Tres Cruces

Heineken has entered the Peruvian beer market with the acquisition of local beer brand Tres Cruces for an undisclosed sum. The deal will also include the incorporation of Tres Cruces’ local operating team in Lima – Peru’s capital – into Heineken’s overall operations....