All articles by Alec Mattinson – Page 208
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Analysis & FeaturesIs a sale or break-up on the cards for Diageo?
It’s Diageo’s turn as the latest international fmcg company that acquisition-hungry 3G Capital has its eyes on
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NewsDiageo shares soar on takeover talk
Shares in Guiness-maker Diageo jumped up 6.8% in morning trading today after Brazilian reports suggested 3G Capital was eyeing a bid of the company.
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NewsMotor Fuel Group bought by Clayton, Dubilier & Rice for £500m
Motor Fuel Group, the UK’s second largest independent petrol and convenience retailer, has been sold by Patron Capital
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NewsPoundshop.com bids to treble range with crowdsourcing cash
The online discount site, set up in early 2014 by Poundland founder Steve Smith, is selling 8% equity on Crowdcube, valuing the business at £2.2m
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NewsMorrisons just stays in FTSE 100 following share price surge
A mid-week share price surge was triggered by signs its trading performance is finally improving
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NewsCity snapshop: Morrisons survives FTSE 100 chop
Morrisons has avoided an embarrassing ejection from the FTSE 100 after two days of strong share price rises was enough to keep it in the prestigious…
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NewsMedia bites: Nomad/Findus, Morrisons, John Lewis
If Nomad’s deal with Findus goes ahead it would “spawn a seafood leviathan with a fish finger in every ocean pie”
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NewsRegulatory green light for Pork Farms acquisition of Kerry Foods’ pastry business
The Competition & Markets Authority has announced this afternoon it has cleared the acquisition by Pork Farms Caspian of the chilled savoury pastry business of Kerry Foods.
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NewsCity snapshot: WH Smith shares up on strong travel sales
Sales at WH Smith were 1% up on a like-for-like basis in the 13 weeks to 30 May as its travel business continues to show strong growth.
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NewsMedia bites 3 June: Morrisons, Tesco, Pernod Ricard
There’s plenty of coverage of Kantar Worldpanel’s latest supermarket market share figures, with Morrisons somewhat surprise sales rise being the focus of attention.
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Analysis & FeaturesMorrisons: Signs of recovery or “dead cat” bounce?
At some point Wall Street traders coined a term for a plummeting stock that experiences a temporary recovery – the “dead cat bounce”.
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NewsCargill completes Zamanita acquisition from Zambeef
Cargill has completed the acquisition of Zamanita, the soybean crushing and oil refining subsidiary of UK-listed Zambeef.
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NewsBritish American Tobacco in €550m Central European acquisition
British American Tobacco busy year of acquisitions has continued with the purchase of Central European cigarette manufacturer TDR.
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NewsApplegreen to fuel its expansion with stock market flotation
Irish forecourt operator Applegreen is planning to expand its presence in the UK convenience and food-to-go market
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NewsCity snapshot: Consumer confidence ebbs in May
After a strong recent run, consumer confidence took a hit in May, according to research from GfK. Also Waitrose weekly sales edge up, while ABF shares surge this morning and all the rest of the news from the City.
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NewsMedia bites 29 May: Tesco, Amazon, B&M
The relationship between retailers and their suppliers is to be scrutinised in the wake of the Tesco accounting scandal.
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NewsCity snapshot: Profits plunge by 30% at Tate & Lyle
Full-year profits and earnings have tumbled at sucralose producer Tate & Lyle after a “very challenging” year, revenues up almost 30% at B&M Bargains, Imperial Tobacco one of the FTSE’s biggest risers and the rest of the news from the City.
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NewsMedia bites 28 May: Tesco, Aldi, Imperial Tobacco
Tesco’s nightmare year has wiped $5bn off the value of its brand, new research has found
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NewsSales down by 1.1% at AG Barr in new financial year
Irn-Bru maker AG Barr has revealed a 1.1% dip in sales for the first 15 weeks of its new financial year.
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NewsIglo's European sales up in Q1 but UK market remains tough
Newly acquired frozen foods business Iglo Group has reported a 2.3% slide in like-for-like sales in the first quarter.