All Finance articles – Page 585
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NewsCity snapshot: Campari snaps up craft brand Bulldog Gin in £56m deal
Italian drinks business Gruppo Campari has broadened its portfolio of craft spirits with the acquisition of Bulldog London Dry Gin in a deal worth $70m.
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Comment & OpinionCatering, not indie retail, is the key to Tesco-Booker merger
It is great to hear that everyone will benefit from the Tesco ‘merger’ with Booker - but it’s also somewhat disingenuous
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NewsLoss of Sainsbury's salmon strips £90m from Young's sales
Young’s Seafood annual sales dropped by almost £90m in the year to 30 September 2016
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NewsReckitt Benckiser in £13.2bn takeover talks with Mead Johnson
Reckitt Benckiser is locked in talks over a multi-billion dollar deal to buy US child nutrition firm Mead Johnson
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NewsJust Bee wins investment after turning down offer from Dragon
Flavoured water start-up Just Bee has secured a six-figure investment from two food and drink veterans
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NewsFirst Milk brings payments back into line after two years
Dairy co-op controversially withheld farmer payments in January 2015 for two weeks in order to ease a cashflow crisis
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NewsCranswick posts improved revenues despite rising pig prices
Q3 trading update reveals performance in line with board’s expectations as a result of strong export and Christmas sales
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NewsGlanbia talks Dairy Farmers of America joint venture
Glanbia has its eyes on the US as it reaches advanced discussions over a joint venture with Dairy Farmers of America
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NewsCity snapshot: Reckitt Benckiser in £13.2bn takeover talks with Mead Johnson
Reckitt Benckiser has this morning confirmed media reports it is in talks to buy US child nutrition firm Mead Johnson
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NewsMedia Bites 2 Feb: Tesco/Booker, Reckitt Benckiser, Heineken
Tesco could be forced to dispose of more than 600 stores unless it can convince regulators that its £3.9bn merger with Booker will not harm competition.
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NewsTayto expands popcorn reach with Portlebay rescue deal
Irish crisps maker Tayto has rescued popcorn brand Portlebay from administration for an undisclosed sum, The Grocer can reveal.
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NewsPeter Hajipieris leaves Birds Eye owner Nomad Foods Europe
Hajipieris has previously worked in senior roles at the former Ministry of Agriculture Food and Fisheries and Sainsbury’s
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NewsMorrisons founder Sir Ken Morrison dies aged 85
Sir Ken transformed the company from a small family business into the UK’s fourth largest food retailer
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NewsMedia Bites 1 February: Ocado, Greencore, Diageo, Co-op
An unexpected rise in profits at Ocado made headlines this morning but the elusive international partnership also figured prominently in reports.
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NewsCity snapshot: Sugar free Irn-Bru sweetens AG Barr sales
The launch of Irn-Bru Xtra and Rubicon Spring in the summer helped AG Barr sales recover in the second half. Plus the latest BRC Nielsen shop price index for January.
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NewsGreencore posts double-digit festive sales jump amid booming convenience sales
Greencore’s sales jumped 17.1% in the 13 weeks to 30 December as US expansion and continued growth of its food-to-go business boosted sales.
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News
Pepsi Max and 7UP growth boosts Britvic’s first quarter
Britvic has reported first quarter revenue of £351m, an increase of 4.3% on the previous year, driven by increased UK sales of carbonated drinks as its still drinks struggled.
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NewsGovernment rejects petitions asking it to block Tesco-Booker
The petitions claimed the deal will give Tesco control of its competitors’ prices and remove thousands of jobs
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NewsArla unveils £37.5m UK investment
The investment is part of the co-op’s plan to move more milk from bulk into branded sales
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NewsCity snapshot: Profits up at Ocado but international expansion remains elusive
Ocado has posted a 21.8% jump in annual pre-tax profits before exceptional items, but has given no update on its long-awaited international expansion efforts. Plus all the rest of this morning’s news from the City