All Mergers and acquisitions articles – Page 119
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NewsXPO Logistics to maintain Aldi transport equipment
Logistic giant will carry out maintainance on 22m Aldi plastic crates a year
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NewsCulina Group agrees deal to buy rival Great Bear
Culina Group has bought Great Bear Distribution to create a £400m-plus company
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NewsAhold and Delhaize boosted by “strong” fourth quarters ahead of merger
European retailers Ahold and Delhaize have both posted improved in fourth quarter revenues ahead of their merger later this year.
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NewsAB InBev agrees Chinese sale of SABMiller Snow Breweries joint venture
AB InBev has agreed to sell SABMiller’s stake in Chinese joint venture Snow Breweries for $1.6bn (£1.1bn) as it seeks to conclude the ‘megabrew’ merger
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NewsKitwave Wholesale completes major new refinancing deal
Kitwave Wholesale Group supplies independent c-stores from 15 depots across the UK
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NewsFood ingredients firms Silbury and Portal Foods agree £45m merger
Food ingredients distributor Silbury has agreed to merge with pizza ingredients supplier Portal Foods to create a new £45m company.
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NewsMalton Foods acquires Simpsons pudding business
Malton Foods has snapped up the ambient pots, pouches and canned pudding business from troubled Simpsons Foods.
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NewsBrakes takeover by Sysco will boost its credit quality, says Moody’s
Ratings agency Moody’s has welcomed Sysco’s $3.1bn deal to buy Brakes and put the latter’s rating on review for upgrade because of the debt paid down as part of the deal.
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NewsBrakes to be engine for Sysco Euro drive after $3.1bn buyout
Brakes will continue to operate as a standalone outfit within Sysco, led by CEO Ken McMeikan
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NewsRefresco Gerber buys German Pepsi bottling plant
Refresco Gerber reported a 3.2% increase in adjusted EBITDA in the third quarter of last year to €61.6m
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Analysis & FeaturesSteinhoff's Argos bid leaves Sainsbury's in a tricky spot
Sainsbury’s is in a tricky spot after its bid for Argos was comprehensively gazumped by South African retailer Steinhoff
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Comment & OpinionTesco to buy Morrisons? It doesn't need to
Dave Lewis and Tesco don’t need Morrisons even if they can have them (which they probably can’t)
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NewsPropercorn on course to get its first taste of outside investment
Fast-growing popcorn brand Propercorn is close to securing its first injection of external cash since launching four years ago.
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NewsKraft Heinz in pole position to take back Philadelphia
Kraft Heinz is in pole position to take back full control of Philadelphia as Mondelez readies a $3bn (£2.1bn) sale of its grocery and cheese division.
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NewsBurton’s Biscuits in talks to buy 2 Sister’s-owned Fox’s
Sources stressed to The Grocer that the talks remained at a preliminary stage
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NewsMedia Bites 18 Feb: Morrisons takeover rumours, Asda, Nomad
A £6.4bn offer for Morrisons from Tesco or private equity company Permira “could not be far away” according to the Daily Mail.
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Analysis & FeaturesPortfolio optimisation will continue to drive M&A in 2016
Consumer products and retail bosses expect the wave of global M&A to continue in 2016 as portfolio optimisation will continue to drive strategic sales from big corporates.
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NewsAsahi in deal to buy Peroni, Grolsch and Meantime from AB InBev
Asahi has signalled its global ambitions after striking a deal with AB InBev to acquire Peroni, Grolsch and Meantime
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NewsFresh to Store picks up Stocked chilled distribution business
Kerryfresh and Stocked will continue to operate separately