Markets

The Hostess brand’s history dates back to 1919, when the Hostess CupCake was introduced to the public, followed by Twinkies in 1930. Pic: Hostess Brands

Twinkies and CupCakes rescuer exits Hostess

By Gill Hyslop

Dean Metropoulos – punted as the man to have rescued the Hostess brand from extinction – has notified the company that he will resign as chairman of the Board of Directors at the end of 2020 to pursue other commitments.

Barry Callebaut issued its first Schuldscheindarlehen in February 2019. Pic: Barry Callebaut

Financial

Barry Callebaut places its second ‘Schuldscheindarlehen’

By Anthony Myers

The transaction further strengthens the Group’s committed long term liquidity structure by extending the average maturity at attractive interest rates and reducing its reliance on short-term funding sources.