News in Numbers
30.6→39%
Companies shipping brandy from the EU to China have to pay a security deposit on arrival. The amount is equivalent to tariffs recommended in August by Beijing.
$1.95bn
The price tag private-equity firm Butterfly Equity has agreed to pay to buy US wine group The Duckhorn Portfolio.
505
Coca-Cola Europacific Partners is cutting more than 500 jobs as it is closes production and logistics sites across Germany.
59%
The premium Danone said it offered to buy out its co-investors in Lifeway Foods. The US kefir group’s board has rejected the bid.
28MM
The reported amount of drinks Coca-Cola HBC recalled in Austria amid fears some could contain metal fragments.