Chips en Snacks from New Zealand

The takeover of potato products maker Mr Chips is inching towards certainty after more institutional shareholders agreed to accept Simplot Australia's impending takeover offer. Agreements with Balle Bros and Jon Davison gives food manufacturer Simplo...

Shares in potato chip maker Mr Chips soared 20 percent today as the company upgraded its end of year profit forecast. Mr Chips said it was expecting to make a net profit of around $5m for the year to March, up 80 percent on the previous year.

Mr Chips, a New Zealand maker of french fries and processed vegetables, advised shareholders not to sell their shares because Simplot Australia Pty plans to make an offer for the company. The offer will be at a substantial premium to the last sale pri...

Allan Parker, President of World Potato Congress Inc., announced today that Christchurch has been selected as the site of the 7th International World Potato Congress to be held in March 2009. It’s the first time the Congress will be held in the South...