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Big four rivals Asda and Morrisons are thought to have joined a number of private equity bidders for frozen food retailer Iceland. The long-awaited auction sparked into life on Wednesday, which was deadline day for the first round of bids.
The future of United Biscuits has again been thrown into doubt amid fresh speculation the company will be broken up by its private equity owners. Blackstone and PAI Partners, which bought the company in 2006 for 1.6bn, have reportedly appointed Goldman Sachs and JP Morgan to oversee a sell-off.
Butterkist maker Tangerine is hoping to double turnover to more than 300m in the next three years after getting the backing of new private equity from Blackstone Group. This week, Growth Capital Partners sold its 40% stake in the...
Delivering sustainable organic growth is an ongoing challenge for most businesses
Overall food and drink exports from the UK were down 4.4% to £12.3bn
Chichester Crown Court heard that contractor Bradley Watts was lagging pipes in the loft space of the company’s Chichester site when he was electrocuted in June
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