The US food giant Mondelez’s proposed deal to buy AVI’s Snackworks division has collapsed, securing the continued local ownership of some of SA’s best-known brands, but raising some questions about ...

Following the prior years’ acquisitions of Clover and Pioneer Foods by foreign investors and the current Heineken bid for Distell, last week AVI announced that Mondelēz International is in discussions ...

Producer of consumer branded products AVI has forecast double-digit revenue growth for its Snackworks as well as footwear and apparel businesses, growing ahead of other segments. Guiding investors on ...

South African consumer goods group AVI said talks with US snacking giant Mondelez International have been “terminated” over the proposed acquisition of its Snackworks division. Johannesburg-listed AVI ...