All Finance articles – Page 480
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NewsMedia Bites 5 April: Conviviality, Grocery market share, Accolade Wines
The events around Conviviality, not surprisingly, attracts widespread coverage this morning as C&C Group buys its wholesale business from administration.
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Comment & OpinionThe cat’s out of the bag, so who will buy Blakemore’s cash & carry division?
The key to this is not likely to be the price but rather who will want the sites
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NewsC&C Group completes Matthew Clark and Bibendum rescue
Magners owner C&C Group has completed a deal to assume full ownership of the Matthew Clark and Bibendum wholesale businesses belonging to beleaguered Conviviality.
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NewsNew executive team at pork producer F A Gill
THe Wolverhampton-based business has introduced three new department head roles in a bid to develop its “strategic direction”
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NewsC&C Group in talks to buy Conviviality's Matthew Clark and Bibendum
C&C Group, with the support of AB InBev, is in advanced talks to buy Matthew Clark and Bibendum from stricken Conviviality for a nominal sum.
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NewsMedia Bites 4 April: Conviviality, Shop prices, Young’s Seafood
Chinese private equity firm ZQ Capital is front runner to buy Conviviality, according to the Daily Mail, with ZQ likely to bid for the whole group.
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News'Blueprinting' stores is 'dead', says Sainsbury's
Tailoring individual supermarkets to local customers’ grocery needs ‘key to serving customers effectively’
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NewsEurope-wide grocery spend surges as inflation bites
The amount Europeans spent on groceries climbed 4.4% in the final quarter of 2017 – the highest rise since early 2012, Nielsen’s latest retail performance data reveals.
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NewsMedia Bites 3 April: Conviviality, Bank Holiday footfall, Westmorland
Conviviality investors are mulling suing the board amid claims the directors misled them about the health of the sprawling drinks business’s finances, reports The Times.
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NewsConstellation Brands fourth-quarter sales exceed estimates
The company said its beer portfolio was the number one growth contributor to the US beer market
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NewsRGF finds temporary cashflow solution as shareholders step in
Three of the company’s major shareholders have provided up to £4m in the form of a draw-down loan note facility
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NewsRefresco-Cott merger greenlit following offer to sell plant
The latest categorical acceptance means the CMA will not refer the merger for an in-depth investigation
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Comment & OpinionConviviality receivership marks another wholesale tragedy
Investors were being asked to risk more money for Conviviality while having zero visibility about future leadership
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Analysis & FeaturesAs Conviviality administration looms, who are the likely buyers?
Sources close to the situation claim numerous suitors have expressed an interest
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NewsCostcutter rejected Bestway proposal after Co-op deal
Sources close to both parties told The Grocer this week that Bestway approached Costcutter in December
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NewsMedia Bites 29 March: Conviviality, Reckitt Benckiser, Coca-Cola
Bargain Booze and Wine Rack owner Conviviality has failed to raise £125m required to resolve its cash crisis
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NewsCity snapshot: Conviviality files notice to appoint administrators
Conviviality has announced the board intends to appoint administrators within 10 business days, GfK’s Consumer Confidence Index increased three points in March and all the other news from the City
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NewsConviviality on the brink after failing to raise £125m
Shareholders expected to receive “little-to-no value”
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NewsFive Star Fish faces closure as 2 Sisters consults on 'heavily loss-making' business
Nearly 400 staff at the Grimsby-based operation are now facing redundancy
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NewsUK farming union leaders call for fair post-Brexit policies
They called on the government to ensure the outcome of Brexit allows UK farmers to deliver high quality and affordable food