McBroken much? FTC is investigating McDonald’s finicky McFlurry machines

McBroken much? FTC is investigating McDonald’s finicky McFlurry machines

By Christy Gren - Sep 02, 2021

Looks like the FTC is tired of waiting for their McFlurry. After years of jokes and complaints, McDonald’s perpetually broken ice machines are the subject of an FTC inquiry.

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McDonald's faces anti-trust scrutiny in Italy

McDonald's faces anti-trust scrutiny in Italy

By Christy Gren - Aug 11, 2021

McDonald’s is not to deal with the scrutiny brought under the Italian Anti-trust agency by its franchise operators, if found guilty.

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PepsiCo relinquishes control of Tropicana for $3.3 billion

PepsiCo relinquishes control of Tropicana for $3.3 billion

By Anna Domanska - Aug 03, 2021

PepsiCo will sell Tropicana and other juice brands to a private equity firm in exchange for pre-tax proceeds of 3.3 billion dollars.

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At the next Krispy Kreme IPO, the donut maker aims to raise nearly $4 billion

At the next Krispy Kreme IPO, the donut maker aims to raise nearly $4 billion

By Christy Gren - Jun 23, 2021

Krispy Kreme, the popular donut chain, aims raise roughly $4 billion as it makes one of the biggest IPO debuts at the NYSE.

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Oatly, Swiss dairy brand, goes public with $10 billion valuation

Oatly, Swiss dairy brand, goes public with $10 billion valuation

By Anna Domanska - May 21, 2021

Oatly, the Swedish maker of dairy alternatives, will debut on the US stock market with a $10 billion valuation. It raised $1.4bn in its initial public offering on Wednesday, May 19

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Would investors take a big gulp of the Oatly IPO?

Would investors take a big gulp of the Oatly IPO?

By Anna Domanska - May 20, 2021

Oprah-backed Oatly Group of Malmo, Sweden is on track to claim the title as the biggest plant-based food company IPO of 2021. The vegan food and drink maker has scheduled its initi

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AB InBev CEO Brito to step down

AB InBev CEO Brito to step down

By Anna Domanska - May 07, 2021

Anheuser-Busch InBev SA’s Chief Executive Officer Carlos Brito will step down from his role, effective July 1 and Michel Doukeris will succeed him as the new CEO. Brito, who beca

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Impossible Foods mulling IPO at $10 billion valuation

Impossible Foods mulling IPO at $10 billion valuation

By Anna Domanska - Apr 12, 2021

Impossible Foods, the makers of the widely popular plant-based burgers, plans to go public with a likely valuation of $10 billion. The vegan burger company was valued at $4 billion

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Elior acquires Nestor, the single meal food delivery startup

Elior acquires Nestor, the single meal food delivery startup

By Anna Domanska - Apr 09, 2021

Elior, the corporate catering company, has acquired the French startup Nestor for an undisclosed amount. Nestor, a Paris, France-based food delivery service, started in 2015 with a

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