All The Grocer articles in 4 December 2004 – Page 4
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News
Scottish & Newcastle go for Mythos brand
Scottish & Newcastle has agreed to acquire 21.5% of the shares of Mythos SA from its joint venture partner Boutari Holdings for E4.8m.The deal also includes an ‘earn-out’ element of up to E3.6m based on the subsequent net sales growth of the...
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News
Sainsbury debt drops closer to junk status
Sainsbury’s debt has been downgraded to within one notch of ‘junk’ status by Moody’s the ratings agency.The rating on £1.9bn of Sainsbury debt has been reduced by Moody’s from Baa2 to Baa3, and the agency stated that even this was a weak...
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News
Bakkovar sends proposal to Geest
Chilled food company Geest has announced that it has received an approach from the Bakkavor Group, which could value the company at up to £512m. Icelandic food group Bakkavor has built a 20% stake in Geest but said earlier this year it had...
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News
ABF and Cargill JV created
International food and ingredients group Associated British Foods (ABF) is to form a joint venture arable business in the UK between its arable business Allied Grain and Banks Cargill Agriculture (BCA), a subsidiary of Cargill. Allied Grain...
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News
Dairy founder Wiseman dies
The founder of family dairy business Robert Wiseman has died at the age of 88 after suffering a heart attack while playing bowls on Tuesday afternoon. The founder of the giant dairy firm, Robert Wiseman Dairies, started the company in...
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