DuPont wants to spin out its nutrition and biosciences business. Kerry is said to be in the lead to buy it. The reported price tag is €22.5 billion, which is more than Kerry’s entire enterprise value. Could the deal work?
Many sectors face severe disruption if Brussels and London fail to seal a Brexit agreement in the coming days. One would disappear: milk production and processing in Northern Ireland.
Industry experts warn of a “disproportionate” impact on Ireland as new US tariffs are set to hit European exports in two weeks’ time.
The farmers who picketed meat factories have a legitimate expectation to break even, but the beef sector is unlikely to achieve this without a clear change in direction.
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