SOME GOOD news this week for the Crosscare Dublin Food Bank,which has signed a deal with the Kellogg Company.
The cereal maker, whose European headquarters are based in Dublin, has committed to supplying the Food Bank with more than 25,000 breakfasts each month and has also donated a van to Crosscare so it can collect and deliver food to various charities, organisations and centres around the capital.
Crosscare collected and redistributed over 600 tonnes of surplus food and grocery products from manufacturers, retailers and distributors in 2011.
“We would encourage other food companies in Ireland to consider supporting this worthy initiative,” said Jim McNeill, managing director of Kellogg Ireland told me this week.
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If at first you don’t succeed, try, try again. This appears to the case with America Movil’s proposed takeover of the Denis O’Brien-owned Digicel mobile phone business in El Salvador.
The original acquisition proposal fell over last year after the local regulator ruled that Claro, the local subsidiary of Carlos Slim’s America Movil, should relinquish spectrum for new entrants to the market.
This was not acceptable to America Movil, which submitted a new application at the end of March. Reports in local trade media suggest that the regulator is seeking clarifications before it will analyse the new proposal.
This is the final piece of a three-way transactions agreed last year by Digicel and America Movil, which involved O’Brien trading his licences in Honduras and El Salvador for Slim’s operation in Jamaica. The other deals have been ratified.
