In a stunning turn of events, Italian police have seized €1.3bn in shares from Campari's parent company Lagfin amid allegations of tax evasion. The investigation reveals undeclared capital gains and potential misuse of foreign ownership.
Kraft Heinz is splitting into two distinct companies, Global Taste Elevation Co. and North American Grocery Co., after a decade of challenges post-merger. Discover what this means for beloved brands like Heinz and Kraft Mac & Cheese.
Ferrero Group has announced its acquisition of WK Kellogg for $3.1 billion, aiming to boost its North American presence. This strategic move includes all of Kellogg's manufacturing plants and beloved cereal brands.
