All Finance articles – Page 256
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NewsGrocery sales fall as pre-pandemic shopping behaviour returns
With the end of social distancing restrictions people have been happier to head into stores to make more regular, smaller shops, according to Kantar
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NewsMedia Bites 17 August: Oatly, Morrisons, Post Office
Swedish oat milk maker Oatly has forecast a near two-thirds jump in annual revenues on the back of the alternative dairy boom.
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NewsSimtom Food Products calls in administrators as Covid takes toll
Indian sauces manufacturer Simtom Food Products has collapsed under the weight of disruption caused by the Covid pandemic, with almost 100 workers losing their jobs.
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NewsMedia Bites 16 Aug: Morrisons, Pret A Manger, Asda
The American private equity firm that first put Wm Morrison in play is gearing up to trump a rival £6.7 billion offer for the British supermarket chain this week and to persuade its target’s board to change its recommendation. (The Times £) Talks to get the US ...
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NewsCity Snapshot: Heck in search for new investment partner to fuel next stage of growth
Heck has engaged advisors to help explore strategic options as the premium sausage supplier aims to continue its rapid growth. Plus, US private equity giant CD&R is widely expected to table a sweetened offer for Morrisons this week as the takeover battle for the supermarket ramps up.
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NewsCity News: Deliveroo bounces back from ‘worst IPO in London’s history’
The shares were heavily backed on Monday after it emerged German rival Delivery Hero had built a 5.1% stake in Deliveroo
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NewsFast-growing Heck hires advisors to seek investment options
Spayne Lindsay has sent an information memorandum marketing the business to potential buyers and investors
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Analysis & FeaturesWhat the Newlat acquisition means for Symington’s
The Italian group has snapped up UK’s Symington’s in a £53m deal. What are its plans?
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NewsIngredients giant Olam plans listing on London Stock Exchange
A major £6.6bn global food ingredients giant will list on the London Stock Exchange next year to boost its worldwide growth plans
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NewsCity snapshot: Food ingredient giant OFI picks London for primary market IPO
Olam Food Ingredients will demerge from Indonesian agri giant Olam International and seek a listing in London, as well as a secondary listing in Singapore, in early 2022.
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NewsMedia Bites 13 Aug: Philip Morris/Vectura, Stock Spirits, Pret a Manger
The board of UK inhaler maker Vectura has agreed to support a £1bn takeover bid from cigarette company Philip Morris International after a fierce bidding war
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NewsGopuff acquires rapid on-demand grocer Dija to boost European presence
The deal comes just months after Gopuff acquired Fancy, a rapid delivery platform providing consumers with groceries in 30 minutes
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NewsSpringvale Foods to ramp up growth with takeover of Hider Foods
Hider Foods Imports supplies delis, cafés, farm shops and garden centres with luxury food brands
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NewsCity snapshot: CVC agrees £767m deal to buy listed drinks player Stock Spirits
Private equity player CVC has agreed a deal to buy Stock Spirits, the listed producer of branded spirits and liqueurs in Central and Eastern Europe and Italy.
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NewsMedia Bites 12 August: Deliveroo, Vectura, Pret a Manger, John Lewis
Deliveroo’s first set of results since floating on the LSE back in March catch the papers interest this morning, along with the ongoing takeover saga at Vectura.
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NewsDiageo grows agave spirits offering with Mezcal Unión deal
Drinks giant Diageo has expanded its fast-growing agave spirits range with the acquisition of Mexican mezcal brand Mezcal Unión for an undisclosed sum
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Comment & OpinionDeliveroo’s Will Shu is enthused by ultra-fast dark store grocery. Now what?
There are strong indications Deliveroo is planning to respond to the threat posed by ultra-fast delivery businesses
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NewsCotteswold Dairy sees strong growth on back of lockdown jump in demand
The doorstep milk delivery specialist saw profits grow by almost 48% last year, latest accounts have shown
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NewsHill Biscuits brings in former Pladis boss after Paul Monk steps down as chairman
Nick Bunker has previoysly held senior roles at KP Snacks and Mondelez
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NewsMedia Bites 11 Aug: Philip Morris, Tesco, Morrisons
Philip Morris is in pole in the race to by Vectura after rival Carlyle effectively pulled out of auction