March 22- Shares in top U.S. packaged food companies Mondelez International Inc and PepsiCo Inc jumped on Friday on speculation that they could merge, after a report that activist investor Nelson Peltz has taken stakes in each.
March 22- Shares of food makers Mondelez International Inc and PepsiCo Inc rose on Friday after a UK newspaper reported that activist shareholder Nelson Peltz has been building stakes in them. Spokesmen for PepsiCo and Mondelez declined to comment on rumor or speculation, though both indicated the companies were happy with where they were now.
March 20- General Mills Inc reported better-than-expected third-quarter earnings on Wednesday after sales volume of its core brands rose for the first time in two years, a good sign for the U.S. packaged food industry. Still, Russo said General Mills has been performing better in some of its challenged businesses, including cereal and yogurt.
BRUSSELS/ LONDON, March 6- European officials, emboldened by a victory over banker bonuses, will propose legislation this year giving shareholders voting rights to challenge executive pay at public companies.
March 4- H.J. Heinz Co Chief Executive William Johnson would receive about $56 million if he gets terminated following the ketchup maker's acquisition by Berkshire Hathaway and 3 G Capital, the company said on Monday.
March 4- H.J. Heinz Co said on Monday that its merger deal with Berkshire Hathaway and 3 G Capital has been amended so that restricted stock units will vest in keeping with their existing schedule instead of all at once at the time of the merger.
March 4- Berkshire Hathaway Inc is on the hunt for more deals similar to its planned purchase of H.J. Heinz Co, Warren Buffett, the conglomerate's chief executive, said on Monday. After a recent binge of buying newspapers, he said he is not interested in buying the Chicago Tribune or the Los Angeles Times from the Tribune Co. 1/ 8 ID: nL1N0BQ6FC 3/ 8.
March 4- Berkshire Hathaway Inc is on the hunt for more deals like its planned purchase of H.J. Heinz Co, Warren Buffett, the conglomerate's chief executive, said on Monday. "If we get a chance to buy another Heinz, we will do that," Buffett said on CNBC.