All Mergers and acquisitions articles – Page 57
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NewsSpectrum Brands agrees £140m deal for Good Boy producer Armitage Pet Care
The Grocer revealed in September that Rutland had tasked PwC with handling a sales process for Armitage
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NewsDiageo snaps up Chase Distillery for undisclosed sum
The deal is expected to close early next year
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NewsCity Snapshot: Coca-Cola European Partners snaps up Asia Pacific Coke bottler in €5.2bn deal
Coca-Cola European Partners has made a €5.2bn (£4.7bn) offer to expand its bottling empire with the acquisition of Coca-Cola Amatil. Plus, revenues at CCEP improved in Q3, with a significant slow down of declining volumes.
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NewsFmcg M&A deal volumes slump 60% on same period last year
Fmcg deals slumped 60% in the four months to the end of August as M&A in the food industry struggled to reignite in the pandemic
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NewsEight Fifty eyes European expansion with Greenland Seafood acquisition
The Young’s Seafood owner said the frozen own-label supplier would provide a “significant platform” on the continent
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NewsSolina picks up Bowman Ingredients for undisclosed sum
European ingredients group Solina has acquired food coatings specialist Bowman Ingredients from the family owners for an undisclosed price tag
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NewsCity snapshot: Danone launches full portfolio review to plan for new COVID-world
French dairy giant Danone has this morning announced its intention to conduct a full portfolio review and put assets worth €500m up for immediate sale to tailor its business for a post-coronavirus market.
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Analysis & FeaturesWhat does the Fultons deal mean for Poundland?
Acquiring the frozen food specialist is a step towards becoming a credible weekly grocery shop destination, says MD Barry Williams
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NewsBoparan rescues burger chain GBK from administration
2 Sisters owner Boparan has continued its push into casual dining, with the rescue of the GBK burger brand from administration
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NewsFerrero continues international acquisition drive with £246m Fox’s deal
Ferrero has added to its growing biscuit empire with the £246m acquisition of Fox’s from 2 Sisters Food Group
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NewsPoundland readies major push into fresh and frozen food with Fultons acquisition
Poundland has been working with Fultons for the past 12 months to grow its food range
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NewsOnly 10 to 15 forecourts at risk in Asda-EG Group deal, claim experts
The number of forecourts at risk in a CMA review of the Asda buyout by EG Group’s owners barely reaches double figures
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NewsCity snapshot: CMA clears brewing merger between Marston’s and Carlsberg
The UK competition regulator has cleared the £780m merger of Marston’s and Carlsberg’s UK brewing operations. Plus UK GDP growth slows to 2.1% in August and all the rest of the latest news in the City.
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NewsFerrero acquires Fox’s Biscuits from 2 Sisters for £246m
Ferrero has snapped up Fox’s Biscuits from 2 Sisters Food Group for £246m to add to its growing biscuit portfolio across the world.
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Comment & OpinionA Ferrero takeover would be good news for Fox’s – and free up 2 Sisters to focus on what matters
A takeover of Fox’s would see Ferrero become the fourth biggest player in the growing UK sweet biscuits market overnight
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NewsDanone to sell remaining €500m stake in Yakult
French food conglomerate Danone has announced plans to sell its remaining 6.6% stake in probiotic yoghurt brand Yakult to strengthen its balance sheet.
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NewsItalian food group Newlat enters £100m race for Hovis
Listed Italian food group Newlat Food has confirmed to the stock market it has made an offer to buy UK bakery brand Hovis
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NewsCrowdcube and Seedrs to merge in crowdfunding consolidation
Crowdfunding platforms Crowdcube and Seedrs have agreed a merger, creating one of the world’s largest private equity marketplaces
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NewsAround Noon expands into healthy ready meals with Simply Fit Food deal
Northern Irish food-to-go supplier Around Noon has acquired healthy ready meal maker Simply Fit Food in attempt to diversify its offering after the coronavirus pandemic hit the sandwich market.
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ProfilesWe are our own bosses now, no longer part of Walmart, says Asda CFO
Asda chief financial officer Rob McWilliam tells us everything we want to know following today’s announcement