Sachem Head is pushing for a Performance Food merger. Here’s why a deal makes sense

Sachem Head is pushing for a Performance Food merger. Here’s why a deal makes sense

Company: Performance Food Group (PFGC) Business: Performance Food Group is a food and foodservice distribution company that operates through three segments: foodservice, specialty (formerly “Vistar”), and convenience. Its foodservice segment distributes a line of national brands, customer brands, and its proprietary-branded food and food-related products to independent and multi-unit chain restaurants and other institutions. Its…

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Africa: Young Poets Lead Change for Africa’s Sustainable Food Systems

Africa: Malawi Youth-Led Innovations Showcase Path to Food Security At Africa Forum

Malawi’s delegation at the Africa Food Systems Forum in Senegal is returning home energized with strategies to boost youth-led agricultural transformation, officials and entrepreneurs say. The annual forum brings together African governments, development partners, foundations, and private sector actors to explore solutions for food security, trade, and innovation. This year, the spotlight was on young…

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Naspers unit gets EU nod for mega food delivery deal

Naspers unit gets EU nod for mega food delivery deal

A Just Eat delivery rider cycles through Manchester, UK. Phil Noble/Reuters Technology investor Prosus gained EU antitrust approval on Monday for its €4.1-billion (R84-billion) bid for Just Eat Takeaway, after agreeing to sell down its stake in Delivery Hero. Amsterdam-headquartered Prosus, which is majority owned by Naspers, announced the deal in February, banking on its…

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