Shareholders in supermarket group Morrisons are expected on Tuesday to approve a 7 billion pound ($9.6 billion) offer by U.S. private equity firm Clayton, Dubilier & Rice (CD&R), bringing the curtain down on Britain's most fiercely contested takeover this year.
Big global brands Pepsi and Levi Strauss told investors this week they offset inflation with price increases, but rising costs of everything from aluminum to cotton signal tighter times ahead for consumer goods companies.
Nestle is launching plant-based substitutes for egg and shrimp that closely mirror the taste, nutrition and performance of the originals, the food group said on Wednesday, extending its range in the fast growing vegan market.