Three down, two to go

Article Abstract:

Dalgety's agribusiness may be disposed of following the sale of the group's pet foods business, acquired by Nestle. Dalgety's food ingredients business has been acquired by Kerry, and Martin-Brower has also been sold. Dalgety's chief executive, Richard Hanna, appointed in Sep 1997, has obtained good prices for the disposals. Dalgety's stock price rose after the sale of the pet foods business. Some investors are seeking a break-up of Dalgety, and the agribusiness is likely to be sold first.

Prepared Feeds, Other Animal Food Manufacturing, Prepared feeds, not elsewhere classified, Agricultural industry, Mergers, acquisitions and divestments, Food industry, Animal feeding and feeds, Dalgety PLC

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Animal magic

Article Abstract:

The world pet food market already totals USDlr32 bil and is still rising, driven by the dry food sector and new lifestage diets. Analysts disagree over whether the economic slowdown could hit the premium dried food sector.

Industry Overview, Statistics, Pet supplies industry

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Young guns

Article Abstract:

Fewer than 1% of directors of UK listed firms are aged 35 or under. Many of these top young bosses have backgrounds in accounting and finance. Young managers share their experiences of making it to the top early.

Management, Demographic aspects, Interview, Executives, Business enterprises

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