All Finance articles – Page 718
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NewsCity snapshot: MillerCoors names new CEO
MillerCoors has named Gavin Hattersley as its new chief executive officer; new CFO for Hain Celestial, Terra Firma confirms Justin King role and all the rest of the news from the City.
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NewsMedia Bites 9 Sep: Tesco, Justin King, M&S
A string of private equity firms have abandoned offers for Tesco’s data arm Dunnhumby, according to reports.
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NewsBright Blue Foods acquired by private equity firm Endless
Own label and licensed cake supplier Bright Blue Foods has been acquired by private equity firm Endless for an undisclosed sum
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NewsMcBride returns to annual profit despite 5.4% sales dip
McBride, the provider of private label household products to major retailers, has vowed to focus on “manufacturing excellence”
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NewsConviviality Retail secures £200m Matthew Clark acquisition
Under the terms of the deal Matthew Clark, the UK’s largest independent drinks distributor, will become wholly-owned by Conviviality Retail
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NewsMedia Bites 8 Sep: Tesco, ABF, Justin King
Tesco’s £4bn sale of South Korean retail arm dominates the business pages this morning.
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NewsCity snapshot: Conviviality agrees £200m Matthew Clark deal
Bargain Booze owner Conviviality Retail has agreed to buy drinks wholesaler Matthew Clark in a deal worth £200m
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NewsGreat British Sauce Co. exceeds £200k crowdfunding target
Great British Sauce Co. has raised almost £250k from its crowdfunding campaign on Crowdcube.
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NewsCurrencies and sugar woes hit ABF’s full-year trading
Associated British Foods hasreaffirmed that the impact of currencies and the weak performance of its sugar division will see an overall decline in annual profits.
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NewsTesco sells Homeplus to investors for £4.2bn
The sale marks another step in the scaling down of the global empire built by Sir Terry Leahy and Philip Clarke
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NewsCity snapshot: Tesco agrees to sell Homeplus
Tesco has agreed to sell its South Korean retail arm Homeplus to a consortium led by MBK Partners for £4.24bn, plus Associated British Foods warns over sugar and currency impact and all the rest of the news from the City.
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NewsMedia Bites 7 Sep: Quorn, Tesco/Homeplus, Morrisons
Quorn is at the centre of a £500m takeover battle between frozen food giants Nomad and McCain, according to weekend reports.
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Comment & OpinionExporters shouldn't be put off by strong pound, says FDF's Ian Wright
Many food and drink exporters reading our latest exports report will be aware of the continued strength of the pound…
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NewsExport figures dragged down by plunging value of euro
The UK food & drink industry has been hit by a slump in exports in the first half of 2015…
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NewsAbsolut drives spirited Pernod Ricard performance in UK
Absolut vodka - the brand responsible for a €404m write-down in Pernod Ricard’s annual results - has driven a strong performance by the business in the UK.
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NewsThe Co-op Group rules out any move into online grocery sales
The Co-operative Group has ruled out launching an online grocery business
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NewsCity snapshot: August high street sales suffer worst slump for seven years
High street sales in August have suffered their biggest slump since the depth of the financial crisis in 2008.
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NewsMedia Bites 4 Sep: The Co-op, Tesco, Morrisons
The major grocery story in the media this morning is The Co-op’s return to half year profitability announced yesterday.
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NewsMcColl's points to premium store "outperformance" despite sales dip
McColl’s strategy of concentrating on premium convenience stores has been vindicated, according to chief executive James Lancaster, despite a 2.3% fall in third quarter like-for-like sales.
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NewsCMA approves Booker’s acquisition of Londis and Budgens
Booker has received regulatory clearance from the UK’s Competition & Markets Authority for its acquisition of Musgrave Retail Partners GB, which runs the Londis and Budgens chains in Great Britain.