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Today's headlines

  • Canada-based private equity firm Onex Corporation acquires SIG Combibloc in a deal worth up to €3.75bn, subject to regulatory approval

  • In Indonesia, food company PT Indofood CBP acquires the entire stake of Danone Dairy Indonesia for Rupiah 250bn, with the deal expected to be concluded in December

  • In New Zealand, Inner Mongolia Yili Industrial Group reveals plans to invest RMB 2bn in expanding its Oceania production base, in response to increased demand amongst Chinese consumers for overseas dairy products

  • US ingredients firm International Flavors & Fragrances opens a state-of-the-art flavours facility in Jakarta, Indonesia, as part of plans for expansion into emerging markets

  • In Ireland, Danone invests €26m in its Wexford plant, as part of a €180m investment programme

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