All Finance articles – Page 534
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News
Volatile day for sterling as PM calls snap election
The surprise announcement is set to lead to a volatile day on the markets and for the pound.
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Post Holdings seals £1.4bn Weetabix deal
US cereal group Post Holdings has announced it has secured a £1.4bn buyout of Weetabix from its former Chinese owners.
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Post Holdings announces £1.4bn Weetabix deal
Weetabix has been bought by US listed cereal manufacturer Post Holdings – as forecast by The Grocer - for US$1.76bn (£1.4bn)
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Media Bites 18 April: Tesco/Booker, Weetabix, Bernard Matthews
The boss of Bestway has raised fresh doubts about Tesco’s £3.7bn merger with Booker by highlighting that the latter’s corner shop owners are obligated to buy two thirds of their produce from the wholesaler.
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News
LDC shows appetite for food deals with MBO at Hill Biscuits
Private equity firm LDC has backed the management buyout of custard creams and bourbons maker Hill Biscuits, in a deal valued at £10m to £15m, The Grocer can reveal.
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Tesco continues turnaround journey but the City proves hard to please
Analysts hailed Tesco’s turnaround under the leadership of Dave Lewis on Thursday
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News
Amplify files trademark lawsuit to stop US launch of Metcalfe's Skinny Popcorn
The US owners of Tyrrells and Metcalfe’s Skinny are facing a court battle over their rival popcorn brands
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News
Laila's Fine Foods expands workforce as sales soar 45%
Fast-growing ready meals supplier Laila’s Fine Foods has posted another year of stellar sales growth
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News
Young's boss insists business is 'performing solidly'
CEO Bill Showalter insists business is on sound financial footing amid claims of ‘broken’ capital structure
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News
Whitworths sale will mean private equity investor takes a bath
With Whitworths up for sale, its private equity owner is set to take a bath on its investment
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News
City snapshot: LDC poised for £100m Addo deal
Private equity house LDC is closing in on a takeover of Vision-owned pork pie supplier Addo Food Group worth over £100m. Plus, Saucy Fish Co owner Icelandic Seachill prepares for sale, PZ Cussons on target to hit full-year targets and all the rest of the latest news from the City.
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News
Media Bites 13 April: Tesco, WH Smith, Lidl
“Tesco puts (much of) its past behind it” is the headline in The Times (£) this morning as the papers absorbed Tesco’s first UK sales growth for six years and a plunge in its share price.
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News
LDC closes in on £100m-plus deal for pork supplier Addo
Private equity house LDC is closing in on a takeover of pork pie supplier Addo Food Group to add another food business to its portfolio
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News
BrewDog crowded out as private equity snaps up 22% stake
BrewDog – which swore it would never ‘sell out’ to institutional investors – has sold a 22% stake to a US PE house
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Analysis & Features
Unilever's new strategic plan: the main nuts and bolt-ons
The Grocer picks out six essential indicators of the way ahead
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News
AF Blakemore and High Noon battle over forecourt proceeds
Blakemore paid £376,000 to High Noon in November 2016 to help pay for wages and fuel
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News
Branston profits hit by surging potato prices
Sales were up 23% to £123.3m in 2016, according to full-year accounts to 31 July 2016
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News
Icelandic Seachill to be put up for sale 'within weeks'
Seachill is currently the last remaining food business within the Icelandic Group
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News
Irish grocery market slips into -0.2% deflation
SuperValu regained the title of Ireland’s largest grocer, having been pipped by Dunnes Stores for the past two months
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News
Bonds owner Innovative Bites swoops for Hancocks in £100m deal
American food wholesaler Innovative Bites has swooped to add Hancocks Cash & Carry to its growing confectionery empire in a deal worth about £100m, The Grocer can reveal.