All Mergers and acquisitions articles – Page 57
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News
Private equity giants assembling board for £7bn Asda takeover
Three private equity funds are working with major recruitment firms to identify potential executives
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News
Planet Organic buys Caroline Gooding’s As Nature Intended
The deal sees Planet Organic acquire As Nature Intended’s chain of seven stores, all in London, for an undisclosed sum
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City News: Analysts welcome hefty price tag for Tesco’s Asian arm
Tesco’s long-shelved plans for global domination were further unwound this week with the sale of its Asian arm for £8bn, as it continues to refocus on its core business.
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News
Poundland owner delays retailer’s potential flotation amid coronavirus and CEO illness
Market volatility caused by the virus’ outbreak and the illness of the unit CEO Andy Bond were cited as reasons for the delay
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News
Pernod Ricard acquires stake in ‘modern aperitivo’ brand Italicus
Italicus’ 20% spirit is billed as a “modern aperitivo” with ”key notes of Calabrian bergamot”
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PepsiCo agrees $3.85bn deal for energy drink maker Rockstar
The latest deal signals a move from the US soft drinks giant to step up its rivalry with Coke
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EG Group buys largest KFC franchise operator in UK & Ireland
The company has also entered a binding agreement to acquire Australian healthy fast food chain Oliver’s Real Food
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News
City Snapshot: B&M sells German business for €12.5m
B&M Bargains owners B&M European Retail has sold its loss-making German arm Jawoll to a consortium of German investors for €12.5m (£10.9m). Plus, The Bank of England has slashed interest rates back to a historic low of just 0.25% as an emergency response to the coronavirus outbreak and all the rest of the latest news from the City.
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News
City snapshot: Tesco agrees £8bn Thai and Malaysian business sale
Tesco has agreed to sell its business Thailand and Malaysia to CP Group for an enterprise value of US$10,6bn (£8.2bn) to fund a special dividend and a £2.5bn pension contribution. Plus, global markets collapse amid oil price plunge and all the rest of the latest news from the City.
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News
City snapshot: Waitrose sale ‘not up for debate’ in John Lewis turnaround plan
John Lewis Partnership chairman Sharon White has insisted a sale of Waitrose is not on the table as the group revealed a wide-scale strategic review.
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Analysis & Features
How will suitors to Asda shake up its vast estate?
One way or another property is going to be a big part of the Asda play for potential investors, say experts. How?
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News
UK food & drink M&A aided by ‘distressed’ deals at end of year
Grant Thornton’s review of the 2019 food and beverage M&A market found the year concluded with 215 transactions involving
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City snapshot: ‘Distressed’ deals boost fourth quarter food and drink M&A numbers
UK food and drink deal volumes edged upwards in 2019, though the final quarter was aided by a high number of ‘distressed’ M&A deals as tough macro-economic conditions continue to constrain dealmaking in the sector. Plus, Beyond Meat fails to hit market expectations, share prices plunge again and all the rest of the latest news from the City.
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News
Walmart in talks with potential Asda buyers
Walmart has admitted it is in talks with potential buyers for Asda, despite an IPO for the UK supermarket chain remaining an “attractive” option.
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News
North South Wines receives investment from German winery Reh Kendermann
Following the transaction, North South Wines will manage Reh’s UK business in the wholesale, convenience, discount, independent and on-trade channels
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News
Danone acquires majority stake in Harrogate Water
The transaction will see Harrogate join water brands Evian and Volvic under Danone’s portfolio
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News
East End Foods founders confirm plan to buy back two depots
New business will trade as East End Wholesale Stores
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News
Health & wellness segment continues to outperform wider food & drink sector
The category outgrew food & drink over the past six years and is now worth $700bn worldwide
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Comment & Opinion
Unilever faces risks as it looks to turn its personal care portfolio around
There are lessons to be learned from former CEO Paul Polman’s strategy, says Warren Ackerman
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News
City snapshot: Distil and British Honey Co form JV to launch new spirits products
AIM-listed drinks producer Distil has entered a joint venture with British Honey Company to produce a new range of branded botanical spirits.