TOP 5 FOOD FDI NEWS FROM 10 TO 29 MAY 2021

Posted On : May 29, 2021/Food

Top five FDI news from 10 to 29 May 2021: In order to increase bakery portfolio, Mondelez International, Inc. agreed to acquire Chipita S.A. for approximately USD 2 billion. BASF Digital Farming collaborates with Austria based Pessl Instruments, Nestlé builds a new $220 million beverage facility in Indonesia, Hershey to acquire Lily’s confectionery brand better-for-you (BFY) and Danone announce sale of China Mengniu Dairy stake for $1.9 billion

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