All articles by Ed Devlin – Page 178
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Argos board gives full support to Sainsbury's takeover
The deal will create the UK’s biggest non-food retailer with revenues of £6bn
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Hilton Food boss backs Tesco farm range as profits soar
Hilton Food Group profits jump 11% thanks to ongoing Tesco recovery with the boss of the red meat supplier backing the supermarket’s new farm-based range.
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Dunbia and 2 Sisters red meat business to merge in £1.3bn JV
Dunbia and 2 Sisters in exclusive talks over £1.3bn joint venture spin-off
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Fever-Tree founders £18m payday from share sale
Executive deputy chairman Charles Rolls sold 1.9 million of his shares at 635p each
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Media Bites 30 March: Premier Foods, McCormick, AG Barr
The takeover tussle between Premier Foods and McCormick was still firmly in the spotlight in this morning’s paper ahead of the new revised offer of 65p a share. Plus Irn-Bru owner AG Barr’s results come under focus.
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McCormick tables higher Premier Foods £537m bid
McCormick increases the pressure on the board of Premier Foods with new cash bid
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AG Barr shrugs off sugar tax worries
Shares in the group are down 5% since George Osborne revealed sugary drinks would be face a levy
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Refresco Gerber swallows DIS in €72m deal
Refresco Gerber has agreed a €72m deal to snap up 100% of shares in Dutch beverage manufacturer DIS.
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Media Bites 29 March: Premier Foods, BHS, Co-op, Tesco
The events at Premier Foods were in focus over the Easter weekend, along with the ongoing problems at BHS and Co-op’s victory in the unfair dismissal case.
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City snapshot: AG Barr to focus efforts on sugar reduction as profits grow
The share price has slipped 0.4% since the markets opened this morning to 517.2p
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Lily O’Brien’s finding life sweet in the UK
Irish chocolatier Lily O’Brien’s has taken a bigger bite out of the UK retail market with sales in the country jumping 30% in 2015.
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MPM Products eyes bigger share of global petfood market after £50m deal
Luxury petfood manufacturer MPM Products is set to accelerate international growth after selling a majority stake to ECI Partners for £50m.
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Pact Coffee pulls plug on £1m crowdfunding pitch
Pact Coffee has pulled the plug on its ambitious crowdfunding campaign to raise £1m as a result of weak investor interest
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Media Bites 21 March: Sainsbury's, sugar tax, My Local, BHS, BAT
This weekend’s papers are dominated by Sainsbury’s coming out on top in the bid to buy Argos and the fallout from George Osborne’s controversial sugar tax, with soft drinks giants, led by Coke, preparing to sue the government. Plus My Local among bidders for 100 former Somerfield stores.
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MPM Products seals £50m private equity deal
Premium petfood maker MPM Products has been snapped up by private equity firm ECI for about £50m
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City News: Soft drinks producers up in arms
Osborne’s levy on high-sugar soft drinks caused an immediate sell-off of UK-listed beverage firms
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Finsbury says living wage will hit lower-skilled workers
Increased capex spend at the listed bakery will go towards more value-added jobs
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Authentic Food Company sales up following Heinz Dundalk deal
Sales at Authentic Food Company jumped 20% to close in on £50m following acquisition of frozen factory from Heinz…
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Delhaize and Ahold merger gains final European clearance
Delhaize and Ahold have been given the green light by competition watch dogs in Belgium for the proposed merger of the two European food retailers.
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Finsbury Food sales and profits soar as acquisitions bed in
Sales and profits are booming at Finsbury Food thanks to acquisitions as well as underlying organic growth as the listed bakery diversifies into food service.