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Dalgety Group is closing compound feed mills at Avonmouth and Poole with the loss of 120 jobs, as part of an industry-wide rationalisation. 27-Jul-1998 Dalgety is selling its agriculture division to a management team for £50m, and is now free to concentrate on its last remaining business - the Pig Improvement Company. 02-May-1998 Dalgety is to return £675m to shareholders following European approval for the sale of its petfoods business, while its remaining pig breeding business will be taken over by a new holding company called PIC International Group. 04-Apr-1998 Dalgety has won shareholder approval for the £335m sale of its food ingredients business to Kerry and the £715m sale of its pet foods business to Nestle. 17-Mar-1998 Dalgety is in discussions to sell its agricultural supplies business to management, which would leave the company with just one activity - pig breeding. 05-Mar-1998 Dalgety has sold its Spillers pet food business to Nestle for £715m and its Martin-Brower US distribution business to Reyes Holdings for £120m. 05-Feb-1998 Dalgety is selling its food ingredients and Spillers flour milling operations to Kerry Group of Ireland for £335m, and its wheat processing research activities to DuPont for £24m. 27-Jan-1998 Tomkins has expressed interest in acquiring the Spillers milling operations from Dalgety, and its main bidding rival is likely to be Associated British Foods. 17-Jan-1998 Associated British Foods is seeking clearance from the Office of Fair Trading for a possible bid for Spillers, the Dalgety-owned flour milling business. 18-Nov-1997 Associated British Foods has expressed an interest in acquiring Dalgety's ingredients and animal feeds businesses. 04-Nov-1997 Dalgety is actively looking to sell its food ingredients and flour milling activities in order to focus on petfoods, pig breeding and agricultural supply. 25-Oct-1997 Dalgety is planning to sell its food ingredients business and its Martin-Brower division, which is a distributor for McDonald's in the US, in order to focus on petfoods and the Pig Improvement Company. 16-Sep-1997 Dalgety has issued a profit warning due to poor sales in pet foods and agriculture and changes to its accounting practices concerning the treatment of goodwill. 09-Jul-1997 Dalgety Food Ingredients is linking up with Seton Healthcare to build a £500k pilot plant to make complex sugars in Cambridge. 01-Apr-1997 Dalgety Agriculture has predicted a total cereal crop of 24.6m tonnes this year, the highest since the mid-1980s, which could cause a fall in prices and force producers to look for new export markets. 13-Sep-1996 Dalgety Produce, the potato business, has been bought from Dalgety by management for £14.3m. 02-Jul-1996 Dalgety has reported weak demand in UK food markets following the hot summer, but has seen good progress in integrating Quaker's pet food business with Spillers. 11-Nov-1995 Dalgety may have to repay £300k of regional grants following the closure of its Cumbria Homepride sauce factory which it sold to Campbell Soup. 09-Nov-1995 Dalgety is selling its Golden Wonder snacks operation to management, with venture capital support, for £54.6m. 25-Oct-1995
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