All Finance articles – Page 265
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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
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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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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