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McCormick walks away from Premier Foods takeover

2016-04-13 10:41:51| Food - Topix.net

McCormick & Co. has abandoned takeover talks with Premier Foods , stating it would not be able to propose a price that the company would agree on, while delivering appropriate returns for its own shareholders.

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Fonterra 'walks fine line' in first-half result

2016-03-23 05:05:35| Food - Topix.net

Fonterra Cooperative Group, the world's largest dairy exporter, has avoided weakening its balance sheet by providing support to farmers via a higher first-half dividend while shifting production to higher-margin goods to lift profit as sales fell. Auckland-based Fonterra doubled its first-half dividend to 20 cents and will make early payment of the final 20 cent payment, in two increments in May and August.

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Honeywell walks away from $90B bid for United Technologies

2016-03-01 17:07:11| Paper - Topix.net

This Jan. 18, 2011, file photo, shows the Honeywell Specialty Materials plant in Metropolis, Ill. Honeywell International Inc. said Tuesday, March 1, 2016, that it is abandoning its $90 billion buyout attempt of rival United Technologies.

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Honeywell walks away from $90B bid for United Technologies

2016-03-01 17:07:10| Paper - Topix.net

Honeywell abandoned a bid worth more than $90 billion for rival United Technologies, saying it did not want to force a deal with an unwilling partner. United Technologies rejected the offer last week, saying a tie-up of the two industrial conglomerates would never be approved by anti-trust regulators.

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