Unauthorized

Kagome, a Japanese company known for producing ketchup and vegetable juices, recently acquired a majority stake in a California-based tomato processing company for $243.3 million. Following the acquisition, Kagome’s shares rose by 12% to 3,527 yen.Kagome already owned a 20% stake in the tomato paste and diced tomatoes producer, Ingomar Packing, and has now acquired an additional 50% stake. The acquisition is […]