M&A – Page 98
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NewsJust Eat to swallow rival Hungryhouse in £200m deal
An extra £40m could be added to the sum depending on delivery service’s performance
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NewsYorkshire Poultry Products rescue deal saves 126 jobs
More than 120 jobs have been saved at a halal poultry processor after administrators at KPMG struck a rescue deal.
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NewsBeam Suntory acquires Sipsmith Gin ahead of global push for London craft brand
The maker of Jim Beam and Maker’s Mark has “ambitious” export plans for the brand
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NewsSimple Simon pulled out of administration by DDC
The owner of Simple Simon Foods has reacquired the business out of administration
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NewsHeineken agrees deal to buy Punch Taverns in £403m deal
The Dutch brewer has made a cash offer of 180p a share
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NewsTollblend added to Lesaffre mix
Baking mix supplier LFL Tollblend has been acquired by French multinational yeast producer Lesaffre for an undisclosed sum.
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NewsAsahi wins auction for AB InBev's Eastern European beer stable
Asahi is set to add Pilsner Urquell to its stable of European beer brands after reaching an agreement to buy the AB InBev Eastern European brewing businesses previously owned by SABMiller.
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NewsJersey Costcutter-SandpiperCI merger rejected in first review
Regulator wants to “understand thoroughly” the impact on local people
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NewsConviviality secures 15 c-stores for Bargain Booze
Conviviality Retail has acquired the entire share capital of KMD Enterprises
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Analysis & FeaturesFyffes sale to Sumitomo: what you need to know now
A £635m deal between Ireland’s Fyffes and Japan’s Sumimoto Corporation was announced on 9 December
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NewsChaucer Food Group to expand UK base after Nagatanien takeover
Chaucer Food Group is set to expand its Hull factory and HQ after its takeover by Nagatanien
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NewsRhubarb wins backing of new private equity owner
Private equity firm Livingbridge has snapped up contract caterer and restaurant operator Rhubarb.
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NewsOatly sells stake to fund global expansion
Oat-based milk alternative brand Oatly has raised cash for a global push with the sale of a minority stake.
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NewsFerrero completes deal for Belgian biscuit brand Delacre
Italian confectionery giant Ferrero has announced the completion of its deal to buy Belgian luxury biscuit brand Delacre from UK-based Pladis.
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NewsCity snapshot: Chaucer Food Group bought in $120m Japanese deal
Chaucer is the latest UK-headquartered food group to be snapped up by a foreign buyer in a deal worth more than $120m (£95.4m), The Grocer can reveal. Plus, FTSE 100 fmcg stocks hit by the pound’s recovery and all the rest of today’s news from the City.
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NewsChaucer acquired by Japanese instant food maker Nagatanien
The deal will see Chaucer, which produces freeze-dried fruit & veg for global blue-chip clients such as Kellogg’s, Unilever, Nestlé and Starbucks, continue its push into the US, as well as opening up the Japanese market.
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NewsMcCormick expands European presence with €120m Enrico Giotti acquisition
Spices and sauces giant McCormick has acquired an Italian flavourings business in a €120m cash deal to expand its presence in Europe after walking away from its pursuit of Premier Foods earlier this year.
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NewsFerrero close to Delacre deal with Pladis
The Italian chocolate manufacturer confirmed in a statement that it had made an offer to buy Delacre and DeliChoc, which is also available in the UK.
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NewsSpar to expand into Thailand with Bangchak Retail
Convenience and forecourt operator BRC will open 300 new Spar International stores by the end of 2020
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NewsSnack start-up Emily Crisps secures investment funds
A ‘significant’ minority stake has been sold to investment vehicle Inverleith LLP & Hothouse Brands Ltd