All articles by Ed Devlin – Page 131
-
News
Just Eat shares jump as CMA paves way for £200m Hungry House takeover
Shares have soared more than 6% at takeaway delivery service Just Eat after the Competition and Markets Authority (CMA) gave the £200m takeover of Hungry House the all clear.
-
News
Westons targets 40% growth in five years with brand overhaul
A new logo will roll out from late October across all consumer and trade touchpoints…
-
News
Media Bites 12 October: Booths/Amazon, Bakkavor, 2 Sisters, Unilever
Amazon expanding its UK grocery delivery with the ‘Waitrose of the North’ grabbed the attention of the papers.
-
News
City snapshot: Healthy first half for Booker as it awaits CMA verdict on Tesco merger
Profits at Booker leapt 9% in the first half as the wholesaler increased revenues by 2.5% to £2.6bn despite a declining tobacco market. Plus, the travel arm of WH Smith overtakes the high street for the first time as the retailer announced full-year results; and the CMA gives the green light to Just Eat for the £200m takeover of Hungry House
-
News
Overhang hits £150k crowdfunding target
It has raised £153,000 from 237 investors on the Crowdcube platform in return for 5.8% equity, valuing the business at about £2.5m.
-
News
Westons Cider doubles bottling capacity with £1.5m funding package
Westons Cider has invested in new bottling technology to double its production capacity after securing a £1.5m bank funding package.
-
News
City snapshot: P&G denies activist investor Trian a board seat in proxy battle
Procter & Gamble looks to have successfully fended off the attempt by activist investor Nelson Peltz to win a seat on the consumer giant’s board after one of the biggest ever proxy battles witnessed in the US
-
News
Media Bites 11 October: Nisa/Co-op, Bakkavor, Tesco, P&G, HelloFresh
Nisa recommends £143m Co-op takeover to members; Bakkavor unveils plans to float in London; the Tesco trial continues; and P&G fends off activisit investor.
-
News
Clarence Court duck egg supplier expands production
A Devon duck and quail egg producer that supplies the Clarence Court brand has secured a six-figure bank funding package to expand its output.
-
News
Heron Foods sales and profits leap ahead of B&M takeover
Frozen food discounter Heron Foods, which B&M Bargains snapped up for £152m in August, has increased revenues by almost 9% despite a challenging trading environment.
-
News
Gousto moves towards profitable status as revenues rocket 88%
Recipe box service has posted a £6.6m annual loss as the cost of attracting new customers weighed on the bottom line
-
News
Birds Eye claims it's recovering despite slump in 2016 sales
Birds Eye has suffered another heavy decline in sales as conditions in the branded frozen space remain challenging
-
News
Media Bites 6 October: Tesco, Unilever, Accrol
Tesco remains in the news as the papers continue coverage of the fraud trial, the aftermath of Wednesday’s results and the ongoing CMA investigation into the Booker merger.
-
News
City snapshot: Finsbury Food confirms closure of lossmaking Grain D'Or bakery
Finsbury Food Group has this morning confirmed that it will close its London-based bakery business Grain D’Or, with 250 staff facing redundancy.
-
News
Mindful Chef smashes £1m crowd target in less than a week
Mindful Chef has smashed its £1m crowdfunding target in less than a week, adding 500-plus investors to the recipe box delivery company’s army of shareholders.
-
News
Kellogg's sales continue to slide in the UK
A declining UK cereal market continues to hamper sales at Kellogg’s as its Special K, All Bran and Crunchy Nut brands fell out of favour with shoppers.
-
News
City snapshot: Gruppo Campari sells Lemonsoda business to Royal Unibrew in €80m deal
Gruppo Campari has reached an agreement to sell the Lemonsoda business to Danish-based beverage producer Royal Unibrew in a deal worth €80m
-
News
Media Bites 5 October: Tesco, McColl's, PepsiCo, Amazon
News of Tesco’s impressive recover dominates business coverage in today’s papers, with room for the latest in the ongoing accounting scandal trial.
-
News
Innis & Gunn adds three to its board in wake of private equity sale
Scottish craft brewer has added three directors to its board following the completion of its minority sale to global private equity house L Catterton last month.
-
News
William Grant & Sons revenues and profits soar in 2016
Sales and profits have leapt at William Grant & Sons as the Scottish spirits giant thanks to “significant” currency tailwinds in the wake of the weak pound.