Fruit Shoot

Media Bites 9 July: Britvic/Carlsberg, Asda, tea prices

An agreement between Carlsberg and Britvic on a £3.3bn takeover makes headlines in today’s papers

Boundless chips (7)

Boundless bags £1.5m investment to cement position in gut health snacking

Cathy Moseley founded the business in 2017, launching a range of ‘activated’ crisps, nuts and seeds aimed at improving gut health

Asda House copy

Asda management shake-up: Simpson departs and Iceland's Staniland joins

In the latest in a series of departures and new arrivals, chief transformation officer Mark Simpson is to leave the business ‘by mutual consent’

Heather Mills

VBites founder Heather Mills acquires vegan online retailer Alternative Stores

Mills’ acquisition of the plant-based store is to support her mission to create a ‘one-stop shop for convenience’

london-essence-britvic

A Carlsberg Britvic ‘one-stop shop’ is compelling but not a done deal

Improved deal has the blessing of the Britvic board, but its shareholders may still wish to hold out

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  • Why has Carlsberg tabled a £3bn bid for Britvic, and why was it knocked back?

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  • Out of the ashes: Why pre-pack deals have left drinks suppliers raging

  • When will the price be right to get deal volumes moving?

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