Wilmar International has agreed to acquire a 31.06% stake in its Indian joint venture (JV), Adani Wilmar, from Adani Enterprises.

Singapore's Wilmar International is set to become the majority owner of India-based AWL Agri, the owner of the Fortune edible-oils brand.

The German snack manufacturer is hoping to halve CO2 emissions and expand production capacities with the new €85m investment.

The European Commission (EC) has proposed a list of 29 terms to be restricted from use in marketing plant-based alternatives to meat.

Müller UK & Ireland plans to invest in a liquid milk and milk powders plant acquired last year with the acquisition of Yew Tree Dairy.

The Deprez family founders of Belgium fruit and veg group Greenyard have secured a majority share in the business as part of a takeover bid.

A “strategic transaction” proposition put forward by Kraft Heinz in May could well be about to emerge with a timely spin-off of assets.

Texas Attorney General Ken Paxton has initiated a probe into Mars, focusing on alleged “deceptive trade practices”.

Veganz has raised €7.1m ($8.2m) from new shares as part of an ongoing programme by the publicly listed vegan food producer and retailer.

Reports suggest confectionery giant Ferrero is on the cusp of acquiring the North American breakfast cereals business WK Kellogg for $3bn.

PepsiCo is seeking to enhance productivity by “integrating” its two-largest businesses in North America - snacks and drinks.