Thousands of farmers in the co-op at the origin of Kerry Group were targeted by the tax authority over the status of so-called patronage shares. A new landmark case has revealed how the probe came unstuck.
The Tralee-based food technology giant saw its EBITDA top €1 billion for the first time last year, according to yesterday’s results. After missing out on a mega-merger three months ago, is it time for Kerry to concentrate on what it is best at?
US chemical giant DuPont announced on Monday that it would merge its nutrition and biosciences division with International Flavours and Fragrances. Why was Kerry Group’s bid unsuccessful?
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?
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