Archives for January 5, 2004

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New owners for Russian groups?

Investment fund Russia Partners II has acquired the Moscow-based Ice-Fili ice cream producer and confectionery group Zvezdny, according to a report in the Vedomosti newspaper.

Dawn of new era for Bunge bakery business

Bunge, the world's top oilseed processor, last week said it was looking to cream off a gain of about $2 million, or 2 cents per share, on the sale of its US bakery business to privately-held Dawn Food Products.