News in Numbers

US$36bn

The value Mars placed on Kellanova with its takeover bid for the cereal and snacks giant in August. The companies expect the deal to close in the first half of 2025 once regulatory approvals are secured.

US$495m

Abbott Laboratories has been ordered to pay almost $500m over allegations it hid the risk that its infant formula for premature babies could cause serious illness.

NZ$77.4m

The loss Comvita made in its last fiscal year, a result with which the honey maker’s outgoing CEO said he was “extremely disappointed”.

2,750mg

The US FDA has launched “phase II” of its voluntary guidelines on salt, with a target to reduce people’s daily intake to about 2,750 milligrams per day over the next two and a half years.

53%

According to government figures, the UK is 62% self-sufficient in food but farmers have said some sectors have seen a recent decline. The NFU says the UK’s self-sufficiency in fresh vegetables stands at 53%.

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