News in Numbers

The “cost savings” Nestlé is aiming to generate by the end of 2027. Work has “already begun” across “procurement, commercial investments and structural costs”.

Meat giant JBS is to spend $2.5bn to set up six processing facilities in Nigeria.

PepsiCo struck a deal to buy Mexican-American snacks maker Siete Foods for $1.2bn.

Danish Crown has set out plans for another round of job cuts, with the pork co-op’s CEO warning it is “in the midst of a crisis”.

The premium Danone put on its second takeover bid for Lifeway Foods, which, just like the first, the US kefir maker rejected.