Kraft Foods Global Brands LLC, a subsidiary of Mondelez International, sued Kellogg Co's North American unit on Wednesday claiming the food maker improperly uses one of its patents to keep Keebler and Sandies cookies fresh. Michael Mitchell, a spokesman for Mondelez, declined to comment.
*Ardagh Group offers $1.7 billion. PARIS, Jan 14- Saint-Gobain has struck a deal to sell its North American glass container operation to Ireland's Ardagh Group for $1.7 billion, beginning its planned exit from the low-margin business.
*CVC has made at least two investments in the Philippines. HONG KONG, Jan 10- Private equity firm CVC is in exclusive talks to buy a majority stake in SPi Global Holdings, a business outsourcing unit of Philippine Long Distance Telephone Co, for about $320 million including debt, a source familiar with the matter told Reuters.
Dec 13- International Paper Co is selling its building products unit to Georgia-Pacific LLC for $750 million cash, a move designed to sharpen focus on its massive packaging business.
Packaging company offers value ahead of a company split, says 'Mad Money' host.
Check out Cramer's interview with SodaStream CEO Daniel Birnbaum.
The outlook of the container shipping industry remains uncertain, according to NOL’s Chief, as the industry grapples with concerns over rising fuel costs, overcapacity and ripple effects from the Japan disaster. Shipping veteran Ron Widdows, who helms the Singapore-based company, the world’s sixth-largest container shipping company, talks to CNBC’s Christine Tan.