Industry News

  • Toys R Us Set to Reopen in Australia

    Less than a year after going into liquidation, Toys R Us is set to reopen in Australia. Babies R Us and Toys R Us, both are owned by Tru Kids Inc, a US based company. Tru Kids Inc announced that it was entering into a licensing agreement with Hobby Warehouse, an Australian company. However, the bra

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  • DowDuPont's Agriculture Division to Become Corteva Agriscience™

    Board of Directors of DowDuPont has given its approval for the previously announced separation of the company’s Agriculture Division, which will become Corteva Agriscience™ on June 1 2019. The board, to effect the separation of the division, has declared a pro rata dividend of all of the outstanding shares of common stock of Corteva, Inc.

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  • Ferrero to Acquire Keebler and Famous Amos for $ 1.3 Billion

    Kellogg’s, the American multinational food-manufacturing company, announced plans to divest its Keebler cookie brand as well as other brands, to Ferrero Group for $ 1.3 billion. Products included in the deal include Keebler, Mother’s, Famous Amos, Murray, fruit and fruit-flavored snacks, pie crusts

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