March 28, 2000 |
Monsanto Co. is selling its sweetener-ingredient business, which includes a NutraSweet brand name, to a Boston-based investment firm for $440 million. St. Louis-based Monsanto said it signed an agreement to sell the unit to J.W. Childs Equity Partners II. It said Childs has agreed to retain all employees in the sweetener-ingredient unit. Monsanto also announced the sale of its interests in two European joint ventures, NutraSweet and Euro-Aspartame.
July 6, 2002 |
The Food and Drug Administration on Friday approved for general consumption a new artificial sweetener that it said was about 7,000 to 13,000 times sweeter than sugar and will carry no health warning on its label. The sweetener, neotame, will become the most concentrated and intensely sweet sugar substitute on the market.