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Goodman Fielder Ltd says the trading outlook for 2009/10 is "encouraging" as the food group continues talks with a preferred bidder to divest its commercial industrial business.
US chocolate maker Hershey and Ferrero of Italy said on Wednesday they were mulling a potential counter-bid for British confectioner Cadbury, the object of a hostile offer from Kraft Foods.
Heinz will manufacture and distribute the Ocean Spray range of beverages and sauces in Australia from March 1 next year.