All Finance articles – Page 668
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NewsStatestrong secure as Croatian group Wachem steps in
The Lancashire-based health and household goods company has been rescued from administration by Croatian consumer products
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NewsPeroni and Grolsch sale set to trigger bidding war by rivals
AB InBev’s sale of three premium SAB Miller beer brands has been predicted to trigger “a hotly contested auction”
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NewsBelazu-Fresh Olive merger aims to double retail sales
Mediterranean food brand Belazu has been merged with its trade arm Fresh Olive as part of a strategy
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NewsMüller unveils post-merger leadership team for milk business
Andrew McInnes will head the milk and ingredients division, following the acquisition of Dairy Crest’s milk business
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NewsSABMiller confirms Peroni, Grolsch and Meantime are for sale
SABMiller confirmed to the market this morning that AB InBev intends to explore sale of its premium European brands
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NewsMedia Bites 3 Dec: Tesco, Greene King, British American Tobacco
Losses at Tesco’s Giraffe restaurant business have ballooned to £4.1m after it opened new outlets and wrote down the value of some existing sites
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NewsTesco's Dunnhumby records 9% profits drop despite acquisition-driven revenue growth
Tesco’s data arm Dunnhumby has reported a 9.1% fall in full-year pre-tax profits for the year to 28 February 2015, despite acquisitions driving 27% growth in revenues.
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Analysis & FeaturesMorrisons FTSE blow would not derail Potts’ recovery plan
The ejection will tell us more about the state of the UK grocery market than it does about Morrisons’ own recovery prospects
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NewsRugby World Cup boosts Greene King off-trade sales
Greene King’s take home volumes grew by 12.4% in the 24 weeks to 18 October as the Rugby World Cup boosted sales of Speckled Hen.
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NewsMorrisons teeters on the verge of FTSE 100 demotion
Morrisons (MRW) is facing a further share price slump if it is demoted from the FTSE 100 index after hitting a new 12-month share price low yesterday.
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NewsJames Hill to step down from Young's Seafood International
Young’s Seafood International CEO James Hill steps down after Nomad deal goes through
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NewsMedia Bites 2 December: Morrisons, Aldi, Lidl, BAT, Graze
After 14 years in Britain’s blue-chip index of shares, it finally looks like the jig is up for Morrisons as it faces demotion to the FTSE 250.
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NewsCity snapshot: Families to spend less this Christmas despite extra cash
Asda has warned that although shoppers will have more money in their pockets this Christmas they are likely to spend less than a year ago
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NewsSavoury & Sweet secures multimillion-pound package for popcorn investment
Own-label healthy snack maker Savoury & Sweet is planning to invest heavily in equipment and R&D to take advantage of rising consumer demand for popcorn.
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NewsCranswick plans £35m investment to support pork export boom
Demand is particularly strong in the Far East, Cranswick says
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NewsAF Blakemore posts 18.5% increase in pre-tax profits
Investment pays off for AF Blakemore as profits and sales soar…
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NewsLike-for-like sales slump as McColl's turns toward convenience
Sales at McColl’s Retail Group in its final quarter rose 2.7%, driven by the acquisitions of new stores
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NewsCity snapshot: Emperador expands European footprint with Beam Suntory deal
Philippines-based spirits group Emperador has agreed to buy Beam Suntory’s Spanish brandy and sherry businesses, including Harveys, for €275m. Plus Morrisons on the verge for FTSE 100 exit and all the latest news from the City.
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NewsMedia Bites 1 Dec: Cyber Monday, Emperador, Morrisons
Sales on Cyber Monday were expected to have risen by 31% on last year, but to have still fallen short of the record £1.1bn spent on Black Friday.
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Analysis & FeaturesAB InBev’s willingness to shed Peroni and Grolsch shows where its priorities lie
It’s no secret that a combined AB InBev and SABMiller will be forced to sell-off a number of brands to get the deal past various regulators, but news that top European brands are potentially being lined up for sale comes as more of a surprise.