All Finance articles – Page 240
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NewsMedia Bites 3 Dec: CD&R/Morrisons, Deliveroo, Selfridges
Clayton, Dubilier & Rice has delayed plans to raise £6.6bn in debt to finance its buyout of supermarket chain Morrisons
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NewsWhen In Rome hits £400k fund target to boost eco-wine packaging
The When In Rome and Philip Schofield brands are currently stocked by Waitrose and Ocado Eco-friendly craft wine supplier When In Rome has hit a £400k crowdfunding target to expand its range of sustainable packaging into paper bottles. Rob Malin, Andrea Marchesi and Lorenzo Canali founded the ...
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NewsBread Holdings profits hit record levels despite Covid challenges
A boom in demand for premium bread throughout lockdown helped the business as it focused on selling the Gail’s and Bertinet brands in supermarkets.
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NewsCompleat Food Group swoops for Wrights Food Group in first chilled acquisition
The Compleat Food Group has acquired pie maker Wrights Food Group in its first deal since PE house PAI Partners brought Addo Food Group and Winterbotham Darby together
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NewsCity snapshot: Agronomics sets sights on £25m funding round
The Isle of Man-headquartered company, which is listed on the London Stock Exchange, plans to raise the money via a proposed placing of shares.
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NewsMedia Bites 2 December: Omicron, Selfridges, Seedrs, Pets at Home
The Omicron coronavirus variant threatens to intensify imbalances that are slowing growth and raising costs, the OECD said on Wednesday as it significantly increased its inflation forecasts from three months ago.
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NewsO’Brien Fine Foods eyes UK expansion with Bearfields of London acquisition
Bearfields supplies cooked and raw ham to customers, including Lidl and Costco, as well as pub and café groups, catering businesses and independent retailers
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NewsSeedrs snapped up by US fintech firm Republic in $100m deal
Republic said it expected the deal with Seedrs to lead to new innovations and products for European investors and private businesses
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NewsMedia Bites 1 Dec: Inflation, Christmas Retail, Sainsbury’s
British households are facing a more expensive Christmas shop after labour shortages and surging costs pushed retail prices higher
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NewsCity Snapshot: Food prices soar in November and set to get worse over Christmas - BRC
Shoppers are likely to pay more for their Christmas dinner this year as food prices rocketed to their highest levels in more than a year.
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NewsEG Group hails performance of foodservice brands in Q3
Revenues at EG Group soared more than 20% in the third quarter thanks to its growing foodservice business
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NewsCity snapshot: Greencore returns to profit on food to go recovery
Food to go specialist Greencore has returned to profit as revenues recovered due to the relaxation of Covid restrictions. Plus, updates from Treatt, Marston’s and all the rest of the latest news from the City.
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NewsMedia Bites 30 November: AG Barr, Asda, Omicron variant, SSP Group
AG Barr, Asda and the new Covid variant all come under the media glare this morning.
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Comment & OpinionBooming plant-based brands should heed the category’s US slowdown
Product overload and health concerns have slowed growth of the meat-free market in the US
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NewsIrn-Bru maker AG Barr’s shares fizz higher on profits upgrade
The group continued to benefit from the return of trading with the hospitality industry and consumers drinking out of the home again.
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NewsOne Stop reports 10.7% pre-tax profit slide but revenue spikes
As of February, store numbers were back in growth across its company-owned estate at 701 sites
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NewsMedia Bites 29 Nov: Asda/EG Group, Black Friday, Gail’s Bakery
The billionaire Issa brothers are weighing up a merger of Asda and their petrol station business EG Group, which would value the combined business at £26bn
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NewsCity Snapshot: McColl’s expands Morrisons Daily conversion programme
Embattled McColl’s Retail Group has agreed an extension with wholesale partner Morrisons to convert a further 100 of its stores to the Morrisons Daily fascia. Plus, AG Barr upgrades full-year profit expectations as recovery continues.
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NewsCity News: Market cautious on Cranswick despite first-half sales growth
Meat giant Cranswick brushed off falling sales of its core pork products this week to post first-half sales growth thanks to category expansion, but investors remain wary of butcher shortages, capacity constraints and falling sales to China.
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Analysis & FeaturesWhat will CVC do with Ekaterra, Unilever’s tea business?
Unilever has offloaded the brands to CVC Capital Partners in a €4.5bn sale