All Finance articles – Page 448
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NewsBakkavor picks up Haydens Bakery as like-for-likes improve
The deal involves a cash payment to beleaguered Real Good Food of £9.6m
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Comment & OpinionCoke-Costa and PepsiCo-Sodastream are both compelling deals
In the space of three weeks, Coca-Cola and PepsiCo have completed multibillion-dollar deals. Which is best?
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NewsMcColl's shares rebound after P&H collapse dragged value down
McColl’s stock had plunged to a two-year low of 125p in late August put is now up 12.1% for the week
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NewsNatural Drinks Co ceases trading after failed investment
The company was wound up after hiring liquidators BDO last month, but hopes to secure funding to resurrect its brands in the future
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NewsSales rocket 75% at Grenade on back of PE acquisition
The snack bar and drink maker delivered strong growth after being bought by Lion Capital in March 2017
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NewsCity snapshot: English whisky producer plots London IPO
English single malt whisky distillery The Lakes Distillery has plans to list on the London Stock Exchange to raise up to £15m to fund further growth. Plus, World Cup and warm summer help boost Greene King’s Q1 like-for-likes by 2.8%, the UK high street suffers its worst month for three years and all the rest of the latest news from the City.
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NewsMedia Bites 7 Sep: Business rates, UK high street, Bakkavor
Sainsbury’s CEO Mike Coupe has called for tax reform to ease the burden of business rates.
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NewsFSA urged to 'take ownership' of adulterated meat testing
A fifth of meat samples tested by local authorities last year contained DNA from other species
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NewsJeremy Pee made chief digital and data officer at M&S
M&S created the role to help its push to become a “digital-first retailer”
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NewsBakkavor acquires Haydens Bakery after ‘positive’ first half
Ready meals giant Bakkavor has posted a rise in revenues and profits in its first six months as a listed business and announced the £12m acquisition of sweet bakery products supplier Haydens Bakery from Real Good Food.
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NewsMedia Bites 6 Sep: Tesco, Gaucho, M&S
Supermarket chain Tesco has angered shoppers in its inner-city stores by hiking the cost of individual bananas
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NewsAsda Price Guarantee to end in favour of focus on low pricing
Price matching initiative was the first of its kind by a major UK supermarket
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NewsGusbourne raises £3.7m for capacity expansion
UK wine producer Gusbourne has raised a total of £3.7m through the issuance of new shares to invest in its existing vineyards and storage capacity.
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NewsMedia Bites 5 Sep: Amazon, John Lewis/Waitrose, McColl’s
Amazon has become the second public company in history to record a $1 trillion valuation.
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NewsPret A Manger sales jump 13% amid overseas expansion
The chain recorded a 13.2% increase in sales, to £878.5m, in the year ending December 2017, prior to its £1.5bn acquisition by JAB this May
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NewsEuro Garages buys US forecourt chain Minit Mart for $305m
The deal will add 225 Minit Mart branded stores to EG Group’s rapidly-growing international portfolio, adding to the 762 sites it bought from Kroger
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NewsTesco appoints Melissa Bethell as non-exec director
Bethell headed up global private equity firm Bain for more than 18 years
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NewsTesco to develop car park space into gyms and restaurants
The plan is part of a new deal with property company Supermarket Income REIT
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NewsCity snapshot: McColl's like-for-like sales drop as P&H impact continues
Like-for-like sales dropped at convenience store chain McColl’s as it continued to feel the impact of Palmer & Harvey’s collapse last year, Tesco announces a new non-executive director and the rest of the City news
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NewsMedia Bites 4 Sept: Retail sales, Casino, Coca-Cola/Costa
The pressure on Britain’s struggling high streets increased in August with retail sales growth slowing as a two-month heatwave came to an end