By Adriano Marchese

 

Kerry Group PLC said Thursday that it has suspended discussions with Kerry Co-Operative Creameries Ltd. regarding a potential transaction.

The Ireland-based food company--which houses Dairygold butter, Charleville cheese and Richmond sausages among its brands--said that the decision is part of a strategic review of its dairy-related businesses in Ireland and the U.K.

The company said the strategic review continues, but cautioned that there is no certainty that it will lead to a transaction.

 

Write to Adriano Marchese at adriano.marchese@wsj.com

 

(END) Dow Jones Newswires

April 15, 2021 12:37 ET (16:37 GMT)

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