All Finance articles – Page 716
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NewsUnited Biscuits sold to Turkey’s Yildiz Holding
United Biscuits has been sold to Yildiz Holding, the Turkish owner of Ulker Biskuvi.
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NewsDiageo swaps Bushmills for tequila brand Don Julio
Diageo buys tequila brand Don Julio Diageo has agreed to buy tequila brand Don Julio from Mexico’s Casa Cuervo with Irish whiskey brand Bushmills going the other way as part of the deal. Diageo said the transaction will result in a net payment of $408m going to ...
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Analysis & FeaturesM&A may be brewers' easiest route to growth
AB InBev’s third quarter figures came in well below expectations today – illustrating the mounting challenge for global fmcg companies to sustain growth.
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NewsAB InBev hit by slowdowns in US, Russia and China
Global brewing group AB InBev posted below expectation growth this morning, with third quarter revenue rising by 2.3% as overall beer volumes fell thanks to a slowdown in US and China.
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NewsCook expanding following double-digit growth last year
Frozen ready meals producer and retailer Cook has embarked on an ambitious new expansion phase after posting double-digit sales growth last year.
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NewsHovis Limited chief executive Bob Spooner resigns
Hovis Limited chief executive Bob Spooner has resigned.
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Analysis & FeaturesChange in the air for C&C Group whatever happens to Spirit bid
C&C Group caused a stir last week when news broke of its potentially transformative bid for Spirit Pub Company – its first half results this morning were a source of considerably less excitement.
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NewsTesco under investigation by the Serious Fraud Office
The Serious Fraud Office (SFO) is to take over responsibility for the probe into the accounting scandal at Tesco.
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NewsChaucer Foods buys 65% stake in US snack firm Crunchies
UK-based food group Chaucer has agreed to buy a controlling stake in US health snack specialist Crunchies Food Company.
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NewsC&C Group’s profits hit by slowdown in England and the US
Drinks manufacturer C&C Group reported a 2.7% fall in first half operating profit as warned of “intensively competitive trading” in England and Wales and a “disappointing” performance in the US.
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Analysis & FeaturesGloomy predications for European tobacco market
Profits are set to plunge in the European Tobacco Industry as cigarette-makers struggle against the long-term decline in sales volumes.
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Analysis & FeaturesSupermarket struggles as much about volume as price
The escalating grocery price war has made for some great headlines, but the supermarkets’ plunging sales are at least as affected by falling volumes as they by battles over pricing.
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NewsEurope Economics reports palm oil's £333m contribution to GDP
Consultants have quantified the economic impact of palm oil on the UK and EU economy for the first time…
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Analysis & FeaturesChiquita-Fyffes: Banana mega-merger goes rotten
After months of twists and turns, Chiquita shareholders today delivered a fatal blow to its merger plans with Fyffes to create the world’s largest banana supplier.
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NewsMore food and drink IPOs likely to be deferred until 2015
As Marfrig delays its decision to float Moy Park until 2015, corporate finance specialists are predicting more owners of f…
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NewsDave Lewis acts to avert Christmas disaster at Tesco
Tesco boss Dave Lewis is introducing emergency measures to try to save Tesco from a Christmas trading disaster…
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Analysis & FeaturesEU sugar prices set to fall in line with rest of the world
Sugar has fallen out of favour in some circles – even Sugar Puffs has dropped the word from its name…
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Analysis & FeaturesMPs' report helps get Co-op Bank back on track
As the Financial Conduct Authority’s investigation into the £263m overstatement of profits at Tesco gets underway, an inquiry into the dealings of another retailer concluded today.
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Analysis & FeaturesCity news: sheer scale of Tesco's problems sends shares plummeting
Everyone knew Tesco’s day of reckoning would be bad, but the sheer scale of the problems afflicting the UK’s biggest super…
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NewsCranswick moves into premium poultry with Benson Park buy
Meat producer Cranswick has acquired premium poultry producer Benson Park in an undisclosed deal.