All Finance articles – Page 9
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BrewDog appoints new CEO after James Arrow steps down
James Arrow has stepped down after less than a year as BrewDog boss
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Tiba Tempeh secures £1.1m investment as brand becomes fastest-growing in meat-free
The tempeh challenger brand has secured a six-figure investment led by Maven Capital Partners
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Media Bites 10 March: Boots, John Lewis Partnership, Asda, WH Smith, EG Group
The headlines and column inches in this weekend’s papers are dominated by the fallout from the takeover agreement of Walgreens Boots Alliance and what it means for the UK pharmacy chain Boots
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City snapshot: Deliveroo to exit lossmaking Hong Kong business
Deliveroo is planning to exit its lossmaking Hong Kong operations via a sale of some of the assets to Delivery Hero’s Foodpanda and closure of other parts of the business
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Whitby Seafoods launches ‘every pack gives back’ campaign to celebrate anniversary
The business will use its flagship product, Whitby Scampi, as part of a national fundraising initiative to support fishers
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Canadian and Mexican alcoholic drinks set for tariff exemption in Trump climbdown
The reprieve is likely to be welcomed by the likes of Diageo and Campari
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Walgreens Boots Alliance agrees to $10bn private equity takeover
Boots owner Walgreens Boots Alliance has agreed to a $10bn takeover offer from private equity firm Sycamore Partners, bringing the pharmacy giant’s time as a public company to an end
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City snapshot: Footfall recovery stutters in February
Retail footfall continued its recovery in February, but growth in shopper numbers slowed dramatically after the new year bounce, according to new data released this morning
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Mission targets growth after securing investment from F1 driver Pierre Gasly
Tea challenger Mission is gearing up for further growth after extending its fundraising round to a total of £2m and securing investment from F1 driver Pierre Gasly
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Hilton Foods moves into Middle East with new joint venture
The partnership is initially for 10 years and combines Hilton’s expertise in meat processing and packaging with Nadec’s local cattle operations
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William Grant & Sons The Famous Grouse acquisition green-lit by CMA
The deal remains subject to approval in other countries, however
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Greggs shares sink on news of more flakey growth
Greggs took a hammering on the markets this week as investors were alarmed at the high street bakery chain’s continued slowdown in sales
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Pukka Pies profits decline amid attempted £100m sell-off
Pukka kicked off a process to potentially sell the business early last year
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City snapshot: Reckitt Benckiser shares down 2% after annual results
Reckitt Benckiser saw revenue and profit both fall last year as it looks to gather momentum with its turnaround. Also, Barry Williams is made permanent MD of Poundland
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Radnor Hills doubles profits after convenience launch
Radnor Splash launched a new range this month to try and boost its presence in convenience stores
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Olive oil brand Citizens of Soil raises £1.8m to push growth
The brand plans to use the capital injection to launch new products, expand the senior leadership team and turn on the marketing tap to boost brand awareness
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Reckitt Benckiser sees sales and profits fall amid turnaround
Reckitt Benckiser’s shares hit an 11-year low in July but a turnaround strategy in the summer has seen it regain momentum
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Media Bites 6 March: illegal gold mining hits chocolate, trade wars, postmaster pay
Illegal gold mining is ravaging farmers’ land in Ghana and hitting chocolate prices in the UK and beyond
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Permanent Poundland MD named as Pepco ‘explores’ sale
The Pepco Group board is ‘actively exploring separation options for Poundland, including a potential sale’
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Avara sees losses grow to almost £50m in wake of major restructuring
The business also saw a near 12% fall in turnover, but stressed its restructure now left it with a ’more efficient and productive supply chain’