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Industry: Food Processing
Kellogs enters into new markets

Jul 02, 2008 02:34 PM GMT

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Kellogg Co said Monday that is has acquired Zhenghang Food Company Ltd in northern China, moving into the cookie and cracker business in that country.

Financial terms were not disclosed. Zhenghang had about $50 million in sales in 2007.

K: This call was made on 07/02/08 @ $48.19

Rating:	$48.19 (07/02/08)
Closed:	07/28/2008 @ $52.27 (+8.47% in 26 days)
Target:	$48.50 (+0.64%) in One month

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Opinion on Kellogg Company (K) Sector: Consumer/Non-Cyclical > Industry: Food Processing Kellogs enters into new markets

Opinion on Kellogg Company (K) Sector: Consumer/Non-Cyclical > Industry: Food Processing
Kellogs enters into new markets