Calling the proposal “incomplete and financially inadequate,” Monsanto Company’s board of directors declined Bayer AG’s offer.

The European Commission has cleared the way for the world’s largest brewer, Anheuser-Busch InBev, to proceed with its proposed takeover of rival SABMiller.

ConAgra Foods, Inc. has agreed to sell its Spicetec Flavors & Seasonings business to Givaudan for approximately $340 million.

German pharmaceutical company Bayer confirmed Monday it proposed an all-cash of $62 billion to purchase Monsanto Co.

Hormel Foods Corporation announced it will acquire specialty nut butter company Justin’s, LLC.

Smaller breweries are trying to sort out what one merger might mean for them.

Texas-based Dean Foods Company has agreed to buy the manufacturing and retail ice cream business of Friendly’s Ice Cream, LLC for $155 million.

Krispy Kreme Doughnuts, Inc. will become a privately held company.

The company’s net sales declined 5.6 percent to $1.83 billion, while earnings dropped 6 percent to $229.8 million.

People and industry news for April 2016.