Archives for July 5, 2004

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Sun Interbrew sells Bavaria

Sun Interbrew has confirmed the sale of its 99 per cent stake in OJSC Bavaria to the brewery management for an undisclosed sum, in a deal that goes against the companies policy to continue its rapid expansion onto the Russian beer market.

ADM expands trans fat options

US agri-giant Archer Daniels Midland (ADM) has stepped up production of its trans-fat alternatives driven by increasing market demand - and before new labelling rules come into force.