All Finance articles – Page 610
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NewsWhitworths 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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NewsCity 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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NewsMedia 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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NewsLDC 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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NewsBrewDog 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 & FeaturesUnilever'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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NewsAF 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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NewsBranston 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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NewsIcelandic 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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NewsIrish 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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NewsBonds 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.
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Analysis & FeaturesTesco results: what the analysts say
Tesco’s UK-like-for-like sales were up 0.9% in the year – its first reported full-year growth for seven years. Here’s how analysts have reacted
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NewsMedia Bites 12 April: Pensions regulator, Asda, Majestic Wine
The UK’s pensions lifeboat has helped to block the sale of a packaging company after a prospective buyer drew up plans to dump its retirement scheme obligations
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NewsCity snapshot: Tesco posts first full-year UK sales rise for seven years
Tesco has posted its first full-year like-for-like UK sales growth since 2009/2010 as the supermarket’s recovery under CEO Dave Lewis continues to gather pace
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NewsOscar Mayer acquired by German PE house
UK ready meals supplier Oscar Mayer has been bought by German private equity player Deutsche Beteiligungs (DBAG) as it seeks to build a new European food group.
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NewsRising food prices could boost the discounters
Aldi and Lidl have been tipped to benefit from escalating grocery inflation after inflation remained at 2.3% last month despite rising prices for food, alcohol and tobacco.
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NewsLabour to 'declare war on late payments' to small businesses
Jeremy Corbyn will also pledge not to increase the corporation tax rate for small businesses…
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NewsSpar wholesaler Henderson sees record financial year
Henderson increased pre-tax profits by 11% to £24m and invested a record £34m throughout retail infrastructure and employment
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NewsDX Group shareholder Gatemore aims to block John Menzies deal
The companies said the merger would result in yearly savings of £8m to £12m
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NewsFood sales increase in March thanks to inflation but hopes rest on Easter
Food retailers managed to record growth in March but the rise was mainly driven by inflation as the sector pins its hopes on a bumper Easter.