1 Nov - Suntory Beverage & Food (SBF) has entered into an agreement to sell its Cerebos Food & Instant Coffee business in Australia and New Zealand and its Asian Home Gourmet Singapore business to US giant The Kraft Heinz Company for a total of AU$290 million. Cerebos’s Food & Instant Coffee business includes iconic food brands in Australia and New Zealand such as Fountain, Gravox, Saxa, Foster Clark’s, Gregg’s, Bisto, Raro and Asian Home Gourmet. These cover a range of products including sauces, gravies, herbs and spices, salt, condiments, Asian sauces, desserts and cooking ingredients. However, SBF will retain…