Mexico

Mars Announces Eight-Part Bond To Help Kellanova Takeover

Confectionary giant Mars has announced an eight-part investment-grade bond offering to help finance its takeover of Kellanova.

Campari warned on Tuesday of the potential hit from US tariffs in what it said would be a “transitional year” under its new chief executive.

Swiss chocolate maker Lindt & Spruengli will supply chocolate made in Europe – rather than the US – to Canada.

Walmart executives have warned of the challenges tariffs will present as cost-conscious customers contend with higher prices.

Diageo has reported a return to growth in its first half fiscal results for 2025, Drinks Industry Ireland reported this week.

Diageo withdrew its medium-term organic sales growth target on Tuesday as it took steps to try and mitigate the impact of US tariffs.

AB InBev reported third-quarter profits, revenues and volumes behind forecasts on Thursday, sending its shares down almost 4%.

Barry Callebaut has halted production at one of its Mexican plants after it found that it did not meet quality standards.

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