The Senate Judiciary Subcommittee on Antitrust, Competition Policy and Consumer Rights will hold a hearing on Anheuser-Busch InBev’s proposed plan to purchase SABMiller in a deal worth more than $103 billion.
Olam International Limited, a leading agri-business operating across the value chain in 65 countries, has completed the acquisition of ADM’s worldwide cocoa business at an enterprise value on a cash free and debt free basis of $1.2 billion.
Process and packaging technology supplier Bosch Packaging Technology announced plans to acquire the Georgia-based Kliklok-Woodman Corporation, a manufacturer of packaging machinery for the food industry.
The world’s largest brewing company Anheuser-Busch InBev NV announced Wednesday it is considering a takeover of rival SABMiller plc and has approached the company about this possibility. No bid or offer has been made.