Finance news – Page 582
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NewsCity Snapshot: Conviviality sales more than double after Matthew Clark deal
Full year sales more than doubled at Conviviality in the 53 weeks to 1 May 2016
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NewsMedia Bites 18 July: ABInBev/SABMiller, Boots, Tesco
An influential shareholder advisory firm has weighed into the brewing shareholder dispute over Anheuser-Busch InBev’s blockbuster takeover of SABMiller.
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NewsFerrero in talks with Pladis to buy Delacre
Ferrero is in discussions with Pladis over the acquisition of its Belgian luxury biscuits business Delacre
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NewsBettys & Taylors Group sales up but profit drops to £10m
Bettys & Taylors Group has increased sales 5% to £163.4m despite “competitive pressures” in its core markets
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NewsTags abandons mults plans after Dragons deal falls through
Tags Tasty Crisps has abandoned its goal of bagging national supermarket listings to focus on foodservice
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NewsVitalife in crowdfunding bid for Love Health Hate Waste
It plans to raise £100,000 on Crowdcube to fund a further rollout of the Love Health Hate Waste concept
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NewsCity News: Hotel Chocolat shares boosted by sales rise
A better-than-expected rise in full-year sales injected some life into Hotel Chocolat shares this week
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NewsMedia Bites 15 July: Bayer/Monsanto, Hershey/Mondelez, Steinhoff/Poundland
The papers feature stories on three different takeover sagas, all at different stages with their own hurdles to clear.
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NewsMcColl's set to buy 298 stores from the Co-op
McColl’s Retail Group has agreed to buy 298 stores from the Co-op in a “transformational” £117m deal
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NewsCity snapshot: Steinhoff £600m Poundland bid faces pressure from activist fund manager
Steinhoff’s £600m takeover bid for Poundland has been complicated by an activist hedge fund building up a sizable stake in the beleaguered fixed-priced discounter.
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NewsMindful Chef launches £400k funding campaign
Recipe box start-up Mindful Chef is seeking £400,000 in a crowdfunding campaign to raise the profile of the business.
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NewsAndrea Leadsom becomes Defra secretary in May’s new government
Leadsom replaces Liz Truss, who has been promoted to the role of justice secretary
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NewsFirst quarter like-for-like sales flat at B&M Bargains
B&M European Value Retail, owner of B&M Bargains, has reported flat UK like-for-like sales in its first quarter trading update this morning
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NewsMedia Bites 14 July: Poundland, Co-op/McColls, Amazon
The agreement of Poundland’s £597m to South Africa’s Steinhoff Group is heavily covered in the papers this morning.
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NewsCo-op sells 298 smaller stores to McColl's for £117m
The deal is now subject to approval from the CMA and McColl’s shareholders
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NewsSteinhoff's Poundland deal could mean "more rapid" move to multi-price
Poundland’s near-£600m sale to South Africa’s Steinhoff Group could hasten its shift to becoming a multi-price format retailer, industry analysts predict.
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NewsOcado links with Marie Claire for beauty product deliveries
The online retailer will deliver high-end brands such as Bobbi Brown with food shops
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NewsRaisio sells Halo Foods for a loss to 'hands-on' investor
Raisio Group has sold its UK snack bar business Halo Foods to Dutch investor Nimbus, taking a €19m (£15.9m) hit on the disposal.
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NewsMedia Bites 13 July: M&S, SABMiller, Hotel Chocolat
Marks & Spencer is offering small investors a direct line to the boardroom with the creation of a shareholder panel to scrutinise performance.
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NewsPoundland agrees £597m sale to Steinhoff
The board of Poundland has agreed to a 222p per share sale to South African retail group