All Finance articles – Page 160
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NewsButternut Box extends European reach with PsiBufet acquisition
UK-based DTC dogfood player Butternut Box has strengthened its position in continental Europe with the acquisition of Polish fresh dogfood company PsiBufet
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Comment & OpinionThe price of taking THG private may prove hard for bidders to swallow
In its short and not entirely successful time on the stock exchange, THG has been no stranger to failed takeover approaches. Will Apollo fare differently?
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NewsCity snapshot: THG falls to £496m operating loss as margins slide
Online beauty and nutrition retailer and brand owner THG has reported a £496m annual operating loss as its margins were slashed by a reluctance to pass on inflationary price increases and investment in customer retention
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NewsMedia Bites 18 April: THG, inflation
The main headlines in this morning’s papers are reserved for THG following a speculative bid from a PE firm.
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NewsBestway’s Well Pharmacy acquires pharmaceutical wholesaler Lexon UK
Both businesses are in prenotification discussions with the Competition and Markets Authority, which will review the acquisition
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NewsTHG shares jump on Apollo ‘preliminary’ takeover approach
THG shares have jumped more than 40% today after it confirmed it has been approached by private equity giant Apollo Global Management over a possible deal
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Comment & OpinionMarketing: the top considerations for driving ROI
It is critical for marketers to better understand the varying factors that impact ROI, says Matt Lee, MD at Capture
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Comment & OpinionAsda’s driverless vehicles face a long road to profitable delivery
Asda’s trial will require two members of staff for each vehicle. And even if it goes further, who’s unpacking the groceries?
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NewsGreencore seeking CFO as Emma Hynes steps down
Hynes will leave the food-to-go specialist in May following the group’s half-year results, remaining with Greencore for a transition period to help her successor.
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NewsMedia Bites 17 April: Asda, John Lewis Partnership, THG
Asda has launched what it claims is Britain’s biggest autonomous grocery home delivery trial
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NewsCity snapshot: Supreme upgrades expectations amid vaping boom
Vape manufacturer Supreme is set to report annual results that are “comfortably ahead” of market expectations thanks to booming sales and acquisitions
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NewsMarket reacts positively as Tesco beats expectations despite margin squeeze
Tesco’s margins and profits were hit by shoppers cutting back last year, but the market reacted positively to its tightrope walk between protecting margins and market share
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NewsCity snapshot: Devro delists from stock exchange as £564m takeover completes
Scottish sausage skin maker Devro will delist from the stock exchange today after finalising its £564m takeover by German group Aria.
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NewsMedia Bites 14 April: Tesco, Asda, Sainsbury’s/milk
Britain’s biggest grocer expects flat full-year profits as inflation continues to take a toll on its customers and suppliers
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NewsTesco profits halved amid ‘incredibly tough year’ for consumers
Tesco’s full-year profits have more than halved as lower sales volumes, cost inflation and writedowns of its property and assets due to economic conditions. Plus Science in Sport decides against sale and trading updates from PZ Cussons and Imperial Brands
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NewsMedia Bites 13 April: Planet Organic, Tesco, British growers
Holland & Barrett is weighing a last-ditch rescue bid for Planet Organic, according to media reports this morning.
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NewsRicky Gervais invests in canned water brand Cano Water
UK canned water market leader Cano Water has received multimillion-pound funding from investors including the comedian
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Comment & OpinionFarmison’s demise points to a chill wind for DTC challengers
The demise of the DTC butchery player is yet another illustration of headwinds facing disruptor food and drink players
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NewsPerkier smashes new crowdfunding round
The snack bar brand plans to use the money to increase digital marketing and push trade marketing investment
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NewsGenius Foods secures refinancing to invest in factory
The business has raised funds to improve efficiency and production lines in its bakery based in Bathgate, Scotland