Malcolm Walker news, comment and analysis – Page 10
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NewsBoparan climbs Rich List
Ranjit Boparan’s wealth soared by £475m last year after snapping up Northern Foods.
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NewsMalcolm Walker's son gets Iceland job... on a checkout
Malcolm Walker’s son is joining the family business - as a checkout operator.
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Comment & Opinion
DBC's rapid descent reminds us how quickly a business can unravel
Analysts at Company Watch put 173 of the UK’s 680 largest food and drinks manufacturers on red alert this week, noting their vulnerability to insolvency…
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News
Chairman put up £2m in attempt to save DBC
Tarsem Dhaliwal, the chairman of DBC and one of three shareholders, personally guaranteed £2m as part of a last ditch attempt to save the company.
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Analysis & FeaturesSo where was Walker when DBC skidded out of control?
Last month Malcolm Walker was the toast of the town. He had deftly pulled off a £1.45bn MBO of Iceland, backed to the tune of £860m by a bank consortium.
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Category ReportTop 50 Independents 2012
As the Top 50 independents mark a solid year, MBOs are increasingly in vogue, with Iceland’s Malcolm Walker setting the pace as he looks to take control.
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Analysis & FeaturesTop 50 Independents: In the driving seat
As the Top 50 independents mark a solid year, MBOs are increasingly in vogue, with Iceland’s Malcolm Walker setting the pace as he looks to take control.
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NewsBrakes snaps up £100m in business from collapsed DBC
Foodservice giant Brakes has taken on at least £100m worth of business from the administrators of its collapsed rival DBC.
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News
DBC for sale as a cash crunch hits its supply
DBC was plagued with cashflow and supply problems in the months leading up to this week’s announcement that the company is for sale.
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NewsDBC Foodservice up for sale in wake of challenging trading
DBC Foodservice has been put up for sale.
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NewsSunday Times names Iceland as UK's best big employer
Iceland Foods has been named the UK’s best big company to work for by the Sunday Times.
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NewsPoundland playing it cool over frozen move
Poundland is trialling a new frozen food offer as it looks to cash in on the possible break-up of Iceland Foods.
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Comment & Opinion
Games, girth and costing the earth: Bogof on 2012
Bogof makes its annual predictions for the year ahead. Will they be as accurate as last year’s crystal ball-gazing?
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Analysis & FeaturesThe Grocer's 150 defining moments: the 1970's
A lot of water has passed under the bridge in the last 150 years. The Grocer editorial team picks the most seismic moments…
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NewsBankrupt bank can't call shots, says Walker
Malcolm Walker has told The Grocer that Landsbanki is in no position to call the shots in the Iceland auction.
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NewsMorrisons and Asda 'likely to pull out' of the race for Iceland
Morrisons and Asda are unlikely to pursue their interest in Iceland Foods as the second round of the auction gets under way, according to a City source close to the deal.
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NewsAsda lines up Farmfoods as buyer for Iceland stores
Asda has teamed up with Farmfoods in a move designed to add momentum to its £1.4bn bid to buy Iceland.
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NewsWalker ‘most likely winner’ in the race for control of Iceland
Malcolm Walker remains in pole position to regain control of Iceland Foods despite the first round of bidding attracting strong interest from rivals and private equity investors. Walker did not submit a bid in the first round, which...
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News
Iceland staff share £14.6m pay rise
Iceland has splashed the cash on a £14.6m pay rise bonanza for its staff, boosting salaries across the company by as much as 45%.
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NewsMorrisons drops biggest hint yet of bid for Iceland
Morrisons appears to have signalled its intention to bid for frozen food retailer Iceland by appointing Credit Suisse as an advisor. Iceland’s majority owners, the officials responsible for the winding up of Icelandic bank Landsbanki, put their 67% stake up for sale in May.