Archives for February 14, 2013

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EFSA rejects 6 article 13.5 health claim opinions

By Shane Starling

EFSA’s health claims panel has rejected 6 article 13.5 health claims for two digestion-focused probiotic submissions; cranberry and UTI; a potato extract and weight management; krill and menstrual discomfort; and fizzy water and GI response.

CONSTELLATION BRANDS APPEARS CLEAR WINNER UNDER REVISED DEAL TERMS

AB InBev agrees $2.9bn asset sale to shake off Feds over Modelo deal

By Ben BOUCKLEY

Anheuser-Busch InBev (AB InBev) has agreed to sell a massive Grupo Modelo brewery to Constellation Brands as part of a $2.9bn transaction, to defuse a US legal fight over its takeover of the Mexican brewer.

First UK drinks carton reprocessing plant opens soon

By Joe Whitworth

The chief executive of the Alliance for Beverage Cartons and the Environment (ACE) UK said everything was on track for the country’s first beverage carton reprocessing facility to come online from mid-2013.

Nestlé reports slower growth, expects challenging year ahead

By Caroline Scott-Thomas

Nestlé’s share price fell 2.3% on Thursday as the company announced its slowest growth in three years, with developing markets hit by natural disasters and continued market weakness in Europe and the Americas.

CEO LARRY YOUNG WARNS ATTACKS ON CARBONATES WILL CONTINUE

Dr Pepper Snapple risks ‘big swing’ on critical TEN calorie platform

By Ben BOUCKLEY

Dr Pepper Snapple CEO Larry Young warns that US health lobby attacks on carbonates will persist, as his firm gears up to spend millions marketing new 2013 launches on its ‘critical’ low-calorie TEN platform.