M&A – Page 22
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NewsFrench baker secures UK presence with takeover at Village Bakery
M&S bread supplier Village Bakery has been acquired by French family bakery group Menissez
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NewsAsda signs Staniland amid top job shake-up
Asda said Staniland – a highly regarded figure in the industry – would join Asda in a VP role next March
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NewsVBites founder Heather Mills acquires vegan online retailer Alternative Stores
Mills’ acquisition of the plant-based store is to support her mission to create a ‘one-stop shop for convenience’
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Comment & OpinionA Carlsberg Britvic ‘one-stop shop’ is compelling but not a done deal
Improved deal has the blessing of the Britvic board, but its shareholders may still wish to hold out
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NewsBritvic deal ‘completely unrelated’ to loss of San Miguel contract, Carlsberg Group CEO says
Jacob Aarup-Andersen said Carlsberg would back its other world beer brands to make up for losing San Miguel
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NewsCarlsberg to buy Britvic in £3.3bn deal
The deal will see Britvic shareholders receive a 36% premium for their shares
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NewsCity snapshot: Carlsberg agrees £3.3bn takeover offer with Britvic
Carlsberg has struck a deal to buy Britvic for £3.3bn as the soft drinks group agreed to a renewed higher offer from the Danish brewer. Plus, a Q3 trading update from Britvic and Ocado continues to expand its partnership with Japan’s Aeon
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NewsVillage Bakery set for imminent sale
A buyout at premium own-label bread maker Village Bakery is nearing a conclusion, with a European trade player set to announce a deal within days, The Grocer has learned
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Comment & OpinionLosing San Miguel is a blow for CMBC, and a coup for Budweiser Brewing Group
Losing its biggest UK beer brand by sales value will increase Carlsberg’s thirst for a deal with Britvic
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NewsCity News: Carlsberg approach for Britvic divides City opinion
When news of Carlsberg’s shock £3.1bn bid for Britvic broke, investors in the companies had wildly divergent reactions, underscoring doubt about the wisdom of the brewer’s approach
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Comment & OpinionCarlsberg buying Britvic? Seems radical, but it might just start a trend
It would be quite a radical departure for an alcoholic drinks supplier, but operationally there are big positives
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NewsCornwall’s Trewithen Dairy acquired by German dairy giant Ehrmann
The deal will see Ehrmann invest £20m in an upgrade of Trewithen’s manufacturing site as it seeks to increase its reach in the UK
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NewsCity snapshot: English winemaker Chapel Down instigates strategic review
The UK’s largest winemaker has announced it will conduct a strategic review of the business that could result in a sale of the company
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Analysis & FeaturesWhy has Carlsberg tabled a £3bn bid for Britvic, and why was it knocked back?
The Danish brewer’s bid has set Britvic shares racing. But who stands to benefit most from a potential pairing?
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NewsSupreme acquires Clearly Drinks in £15m deal to broaden offering
Vape supplier Supreme has diversified its offering with the £15m acquisition of Clearly Drinks
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NewsCity snapshot: Britvic rejects £3.1bn Carlsberg takeover bid
Soft drinks player Britvic has announced it has rejected two takeover approaches from brewing giant Carlsberg
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NewsDiageo sells majority stake in Guinness Nigeria
Diageo has sold a controlling stake in its Nigerian Guinness operation to its distributor in the country in a deal worth about $70m (£55m)
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NewsTDR Capital becomes majority Asda owner by buying out Zuber Issa
TDR Capital has agreed to increase its stake in Asda to become majority owner after buying out the shares owned by Zuber Issa
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NewsCrosstown Doughnuts agrees sale to Karali Snacks
Artisan doughnut brand Crosstown Doughnuts has secured new growth funding after being sold to Karali Snacks, an arm of former Burger King UK franchisee Karali Group
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NewsMüller snaps up Yew Tree Dairy in pivot towards dairy ingredients
The deal would allow Müller to grow its export business, the dairy giant said