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Activist investor Third Point takes $240M stake in IFF

Following its $26.1 billion mega-merger with the former DuPont Nutrition & Biosciences unit in 2021, IFF has had its share of challenges in integrating new business components, figuring out which of them don’t sit well in a company primarily devoted tferric pyrophosphate testing methodo ingredients, and selling them to the best new owner. Just this week, […]

Leftovers: Morningstar Farms fries up Chik’n with Pringles; Reese’s aims to tame animal crackers

CPG giant Kellogg is harnessing its snacking power to fuel its plant-based meat portfolio.The new product, Morningstar Farms Chik’n Fries, is flavored and breaded with Pringles, the company said in a press release. Kellogg owns both the Morningstar Farms and Pringles brands. The new Chik’n Fries frozen snack is anchored by its main protein ingredient, soy, […]

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