All Finance articles – Page 257
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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
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NewsCity Snapshot: Deliveroo beats expectations as lockdown takeaway habits prove resilient
Deliveroo has grown ahead of expectations in 2021 as demand for the delivery service proved resilient even with Covid restrictions easing. Plus, the takeover battle for pharma company Vectura will not head into an auction after US PE suitor Carlyle refused to put in a higher bid.
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NewsInterpath Advisory appoints former Tesco director as special advisor for fmcg clients
Restructuring practice Interpath Advisory has appointed consumer market and retail specialist Christine Cross as a special advisor
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NewsCity snapshot: Retail sales growth slows as pubs and restaurants reopen
Retail sales continued to grow in July as Covid restrictions eased, but the pace of growth slowed as the reopening of pubs and restaurants dampened spending in shops. Plus, HelloFresh ups sales guidance, but reduces profits expectations and all the rest of the latest news from the City.
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NewsMedia Bites 10 August: Deliveroo/Delivery Hero, Morrisons, Vectura
The papers are filled with news of takeover activity as Deliveroo, Morrisons and Vectura are all in focus.
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NewsDeliveroo shares hit new highs after Delivery Hero buys stake
Shares at Deliveroo have made a strong recovery today after German rival Delivery Hero grabbed a slice of the London-listed food delivery service.
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NewsValeo swoops for meat snacks group NWFE
Valeo Foods has announced its first acquisition since its acquisition by Bain Capital, buying UK meat snacks group New World Foods Europe.
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NewsCity Snapshot: CD&R Morrisons deadline extended as bidding war looms
Clayton, Dubilier & Rice has been granted an extension on today’s ‘put-up or shut-up’ takeover deadline to weigh up whether to make a higher bid for Morrisons. Plus, the takeover battle for Vectura intensifies between Philip Morris and Carlyle; and McColl’s shares plunge as it confirms potential fundraise.
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![Morrisons_Paper_Bags_2[36]](https://dmrqkbkq8el9i.cloudfront.net/Pictures/100x67/0/2/1/242021_morrisons_paper_bags_236_623262.jpg)
NewsMedia Bites 9 August: Morrisons, Asda, Philip Morris/Vectura
Terry Leahy is scrambling to convince partners at American private equity firm Clayton Dubilier & Rice to back a 280p-a-share bid for Morrisons
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NewsCity News: Greggs back in profitability but rising costs worry investors
High street stalwart Greggs roared back to growth and profitability in the first half of 2021, but the looming spectre of rising costs dented investor confidence this week
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NewsNewlat enters UK with Symington’s deal as it targets growing sales to €1bn
Italian dairy and pasta group Newlat Food has made its first foray into the UK with the acquisition of Symington’s as part of its plans to grow sales to €1bn across Europe
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NewsUnited Biscuits gets boost in pandemic
Newly filed UK accounts for the year to 31 December show the Pladis-owned biscuits giant grew sales by 4.1% to £867.5m
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NewsFortress ups Morrisons offer to £6.7bn in attempt to head off battle with CD&R
Fortress Investments and Morrisons has announced they have agreed a new higher 272p per share offer for the supermarket to attempt to head off a possible counter-bid by Clayton Dubilier & Rice
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NewsCity snapshot: Retail footfall recovery slows in July
Shoppers are proving slow to return to the high street and shopping centres, according to the latest footfall data from BRC-Sensormatic IQ
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NewsMedia Bites 6 August: Oatly, Inflation, Hammerson
A family-run farm has won a legal battle against the multimillion-pound makers of plant milk, Oatly
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NewsNomad Foods sales slow down as Covid crisis passes
Sales have dipped at Nomad Foods as the frozen food specialist dealt with lower consumer demand as Covid restrictions eased and also came up against comparisons with the peak stockpiling period at the start of the outbreak in 2020.
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NewsCity snapshot: Beiersdorf bounces back to pre-Covid levels and skincare demand returns
Nivea owner Beiersdorf has bounced back to pre-Covid levels of sales and skincare demand rebounded in the first half of the year
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NewsMedia Bites 5 August: John Lewis, National Lottery, Philip Morris
John Lewis was included on a list of employers “named and shamed” by the UK government for paying staff below the legal minimum on Thursday, as ministers seek to show they are clamping down on abuses of workers’ rights.