All Mergers and acquisitions articles – Page 116
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NewsTesco sells Euphorium Bakery business to Soho Coffee
The 59 Euphorium concessions in Tesco stores will be converted back to own-brand bakeries
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NewsHigh Court backs SABMiller’s request to split crucial merger vote
The UK High Court has approved SABMiller’s plan to hold two separate shareholder votes on the AB InBev takeover deal, potentially putting the global mega-deal under threat.
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NewsAsda sells off loss-making photo business for £5.35m
Asda has agreed to sell its photo division to Photo-Me for around £5.35m, the UK-listed photo company announced this morning.
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NewsNo judgement yet in SABMiller takeover court case
SABMiller has announced that the UK High Court case examining its proposal to hold two separate shareholder votes on the AB InBev takeover offer will not be concluded today.
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NewsVision considers sale of Addo Food Group following £30m spend
Addo Food Group, formerly known as Pork Farms, has been the target of detailed takeover talks with private equity firms
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NewsCity snapshot: Propercorn poised for private equity cash injection
Propercorn is close to signing a deal with private equity firm Piper for a minority stake valuing the fast-growing popcorn brand at up to £25m. Plus Birds Eye sales fall again as Nomad begins turnaround and all the rest of the latest news from the City.
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NewsPropercorn set to seal Piper minority stake deal
Propercorn is close to signing a deal with private equity firm Piper for a minority stake valuing the fast-growing popcorn brand at up to £25m.
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NewsCMA gives provisional green light to Hain’s Orchard fruit juice deal
The Competition and Markets Authority has accepted the concessions made by US food group Hain Celestial to buy UK fruit juice player Orchard House Foods.
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NewsSweet producer Maxilin Crawford buys rival Tilley’s Sweets
Liquorice sweets and lollipop supplier Maxilin Crawford has snapped up rival sweets manfucaterer Tilley’s Sweets for an undisclosed sum to more than triple its manufacturing capabilties.
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NewsMorrisons sells 10% stake in Fresh Direct back to US grocer for £45m
Morrisons took the stake in 2011 when it was exploring options for launching an online grocery offer
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Analysis & FeaturesTyrrells sets out to bag the North American market
bIt’s already an accomplished exporter. Now, with a new owner, it aims to be “the biggest premium snack brand in the world”
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NewsMondelez snaps up Cadbury biscuit licence from Burton’s Biscuit Company
Mondelez International has united the confectionery and biscuit arms of Cadbury after acquiring the rights for the licence to make Fingers and Animals from Burton’s Biscuit Company.
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NewsActivist investor forces Steinhoff to increase Poundland offer
Steinhoff has upped its offer for Poundland by 5p to 225p a share following pressure from activist investors.
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NewsStock Spirits new CEO focused on Poland turnaround but deals still on the table
The new CEO at Stock Spirits has reaffirmed the European drinks group’s M&A strategy despite the past disagreements with major shareholders.
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NewsWalmart shows online ambitions with $3.3bn Jet deal
Walmart has swooped for online retailer Jet.com in a $3.3bn deal as it seeks to battle the dominance of Amazon.
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NewsAbbey Logistics MBO backed by NorthEdge
Liverpool-headquartered Abbey was set up more than 25 years ago by the Lucy family specialising in the liquid food ingredients transportation market.
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NewsHighland Speciality supplier undergoes MBO
Highland Speciality supplier Right Angle Marketing has been acquired from its founders in a management buyout.
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NewsTyrrells sold for £300m to US group Amplify Snack Brands
caPremium crisps brand Tyrrells has been sold to US-listed Amplify Snack Brands for £300m by its private equity owner Investcorp.
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NewsFruit Bowl acquired by Pioneer Food Group in £7.5m deal
Wellness Foods has sold off its last remaining brand to South African cereal manufacturer Pioneer Food Group for £7.5m.
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NewsArcus wins 10-year Sainsbury's maintenance contract extension
Arcus has introduced innovative projects such as remote refrigeration monitoring to Sainsbury’s