All Mergers and acquisitions articles – Page 87
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NewsCo-op likely to return for Costcutter as £15m bid revealed
Co-op’s deal to supply Costcutter kicked-off on 28 May
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NewsLondon craft brewery Fourpure snapped up by Aussie brewer Lion
London craft brewer Fourpure has been snapped up by Aussie brewing giant Lion for an undisclosed sum
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NewsCity snapshot: Co-op's audacious £15m bid for Costcutter rebuffed
The Co-op Group has made an audacious bid to buy convenience retailer Costcutter for around £15m, according to weekend reports. Plus, two more of Premier Foods’ largest shareholders back a campaign to oust CEO Gavin Darby, a look at the financial calendar this week and all the rest of the latest news from the City.
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Comment & OpinionTesco-Carrefour is a pioneering deal, but purchasing alliances face challenges
The retailers said the motivation was to improve the quality and choice of products available to their customers
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Comment & OpinionTesco-Carrefour: who needs to merge with an entente cordiale?
If Tesco can successfully partner with Carrefour, it could be very powerful, but it’s a big if
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NewsCity snapshot: OC&C Global 50 grow 5.7% after M&A spike
The globe’s largest consumer goods groups have delivered their highest growth for six years but only after using M&A to boost flatlining sales.
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NewsWorld's biggest fmcg companies rely on M&A to rediscover growth
Headline growth for the OC&C Global 50 jumped to 5.7% in 2017 from just 0.5% in 2016 and 0.3% in 2015
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NewsHenderson Foodservice acquires Irish supplier BD Foods
The acquisition is designed to strengthen Henderson Foodservice’s offering to hotel and restaurant businesses
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NewsMcBride sells personal care business and issues profits warning
Own label household goods manufacturer McBride has agreed a £12.5m sale of its European personal care liquids business and issued a profits warning on weaker than expected early summer sales.
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NewsSainsbury's drops behind Tesco in Adjudicator code compliance
Aldi rated top for fifth year in a row with 97% of suppliers saying it complied with the code consistently well or mostly
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NewsPoundworld founder Chris Edwards looking to buy 186 stores
A decision is due to be announced by administrators Deloitte on whether a buyer has been secured or all 335 stores face closure
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NewsOrganic children's food brand Miniscoff in liquidation and seeking buyer
The Wiltshire-based company cited the loss of a major contract for its decision to cease trading 25 May
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NewsBeavertown sells minority stake to Heineken in £40m deal
Heineken’s cash injection will go towards finance the building of a new 125,000 sq ft brewery in London, called Beaverworld, at a yet-to-be-revealed site.
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NewsCity snapshot: Woolworths' £1bn forecourt sale to BP scrapped
Australia grocer Woolworths has announced the proposed A$1.8bn (£1bn) sales of its forecourt business to UK-based energy giant BP has been scrapped due to competition concerns. Plus pay dips for B&M boss Simon Arora and all the rest of the latest news from the City.
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Comment & OpinionCoupe and Burnley take a battering – but will the CMA take notice?
The pair suffered the mother of all grillings at the hands of MPs today, but it remains to be seen what impact the hearing will have on the deal’s competition clearance
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NewsSainsbury's and Asda bosses given rough ride by Efra MPs about merger
The bosses of Sainsbury’s and Asda were quizzed by MPs about their proposed mega-merger today
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NewsWilliam Jackson swoops for food service ingredients specialist Wellocks
William Jackson Food Group has further built its food service portfolio with the acquisition of ingredients supplier Wellocks.
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NewsCMA responses to Sainsbury's-Asda deal reveal widespread concerns
It is understood the authority received around 30 responses from individual accompanies and a raft of trade bodies, most of which are believed to have been hostile to the deal
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NewsPoundland offers Poundworld staff guaranteed job interviews
It has set up a dedicated email address for affected Poundworld workers to contact it about vacancies
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NewsCity snapshot: Coca-Cola mulls £3bn swoop for GSK’s Horlicks
Coca-Cola is reported to be one of the clutch of multinational fmcg firms lining up to bid for Horlicks after GlaxoSmithKline decided to sell the 145-year old business. Plus, packaging firm DS Smith posts strong rise in sales and profits, Heineken to invest £40m in UK pubs and all the rest of the latest news from the City.