All articles by Alec Mattinson – Page 187
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NewsMcCormick “disappointed” by Premier Foods' board but moots higher bid
US food giant McCormick has released a statement criticising the Premier Foods board for denying shareholders the “opportunity to consider McCormick’s highly attractive cash offer”.
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Comment & OpinionPremier Foods is smart to think twice about McCormick offer
You might expect news of an approach from an international food giant to be welcomed by Premier Foods’ board
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NewsBrexit 'brings tariff and labour cost risks'
Two new economic studies this week have warned that suppliers and retailers would be particularly exposed in the event of Brexit
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NewsSainsbury's shares rise on good news for Home Retail bid
Steinhoff’s withdrawal from the bidding for Home Retail left Sainsbury’s as the race winner
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NewsNissin agrees to buy 17.3% of Premier Foods
Japanese Food Group Nissin strengthens Premier Foods partnership with share purchase agreement
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NewsMedia Bites 24 March: BHS, Premier Foods
BHS has been “pulled back from the brink” after landlords backed its plan to reduce rent on half its stores.
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NewsTayto owner Manderley reports higher earnings but sales drop
The owner of Northern Irish snacks manufacturer Tayto has reported a boost in earnings despite a sales drop in a “challenging” market.
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NewsPremier Foods rejects McCormick approach for Nissin Foods tie-up
Oxo and Mr Kipling owner Premier Foods has rejected a 60p per share cash approach from US food giant McCormick, instead opting to forge a strategic partnership with Japan’s Nissin Foods.
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NewsCity snapshot: Premier Foods rejects McCormick bid
McCormick bid 52p per share on 12 February and upped its offer last week
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NewsMedia Bites 23 March: Tesco, BHS, British American Tobacco
Tesco is “taking small but real steps towards recovery”, according to this morning’s Financial Times.
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NewsMajestic Wine-owned Naked Wines hits £100m of annual sales
The company’s now has more than 300,000 ‘mature’ angels – customers who have been customers for over four months
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NewsMedia Bites 22 March: Costa Coffee, Tesco, Pets at Home
Takeover and break-up talk swirl around Costa Coffee and Premier Inn owner Whitbread.
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NewsStandard & Poor’s cuts Casino’s credit rating to junk
French hypermarket group Casino has lost its investment grade credit rating with Standard & Poor’s after its long term debt ratings were cut by one notch to BB+.
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NewsSainsbury’s makes improved £1.4bn bid for Argos owner Home Retail Group
Sainsbury’s has confirmed it has made a tweaked £1.4bn bid for Home Retail Group after its rival in the bidding battle pulled out of the race today.
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NewsSteinhoff pulls out of Home Retail bidding battle
South African retail group Steinhoff has decaled it has “no intention” of making a formal offer for Home Retail, leaving the coast clear for Sainsbury’s to take over the Argos owner.
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NewsMoy Park posts 1.4% full year sales growth on stronger volumes
Northern Irish Poultry producer has posted a 1.4% full year revenues increase in 2015 after 6.7% volume growth and strong trading in the UK.
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NewsCity snapshot: ABF takeover talks with South Africa’s Illovo Sugar ongoing
Illovo said today talked remained ongoing but are still in the preliminary stage
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NewsMedia Bites 18 March: Sainsbury's/Argos, Sugar tax
Sainsbury’s is set to raise bid as the Argos takeover deadline approaches today.
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News2 Sisters warns over Brexit uncertainties
UK food giant 2 Sisters has warned of the “uncertainty” leaving the EU would place on the food sector.
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NewsCity snapshot: Moy Park sees fourth quarter revenues rise 1.6%
Moy Park’s fourth quarter revenues rise 1.6% on improved UK volumes, but exports are hit