Central Minnesota’s turkey belt is getting a new power player. Willmar-based Life‑Science Innovations (LSI) is set to take over Hormel Foods’ whole-bird turkey business, including the processing plant …
Hormel Foods sells whole-bird turkey business
The buyer, Minnesota-based LSI, will assume supply contracts with third-party growers tied to Hormel’s whole-bird turkey business.
Hormel sells whole-bird turkey unit to chase steadier growth
Hormel Foods Corp. HRL agreed to sell its whole-bird turkey business as it reported preliminary fiscal first-quarter 2026 results on Tuesday, outlining a portfolio shift toward value-added protein …
Hormel sells whole-bird turkey unit to chase steadier growth
Hormel Foods Corp. HRL agreed to sell its whole-bird turkey business as it reported preliminary fiscal first-quarter 2026 results on Tuesday, outlining a portfolio shift toward value-added protein …
Hormel Foods to sell its whole-bird turkey business
Life-Science Innovations will purchase certain assets, while the Jennie-O name and broader array of products will remain with Hormel.
Turkey raises €2bn from sale of eight-year eurobond at lowest spread in 15 years
By Akin Nazli in Belgrade Turkey’s Treasury sold a €2bn eurobond (XS3293834662) due 2034 at a coupon rate of 5.15% and a yield-to-investor of 5.20% (priced at 99.667), the finance ministry said on …
European Investment Bank Returns to Turkey With Energy Loans
The European Investment Bank is set to formally return to Turkey after a yearslong diplomatic fallout stemming from energy exploration in the eastern Mediterranean, reviving a key foreign source of …
Turkey, now a European energy hub, is top importer of U.S. LNG
A record-high 525.1 billion cubic feet of liquefied natural gas was exported by the U.S. in November as Turkey and other European countries stepped up purchases, Energy Department data shows. Europe …
Turkey delisting exposes financial watchdog’s blind spot
In a controversial move, the intergovernmental Financial Action Task Force removed Turkey from its “grey list” last month despite concerns about Ankara’s involvement in supporting Hamas’s terrorist …
Turkey’s Luxury Real Estate Slows Down, Opening Doors for Savvy Buyers
Political unrest in recent months and an oversaturated market have stifled Turkey’s once blossoming residential real industry that saw years of development and foreign investment. “We see a slowdown …