Finance news – Page 356
-
NewsHeineken reclaims Tesco shelf space after 2017 cull
The brewer has gained 11 new listings since the end of January
-
NewsCity snapshot: Conviviality confirms C&C Group wholesale deal
Conviviality put out a statement after hours confirming it had sold its Conviviality Direct business to C&C Group after putting the division into administration with PWC. Plus, Ahold Delhaize CEO to step down and all the latest news from the City.
-
NewsMedia Bites 5 April: Conviviality, Grocery market share, Accolade Wines
The events around Conviviality, not surprisingly, attracts widespread coverage this morning as C&C Group buys its wholesale business from administration.
-
NewsC&C Group completes Matthew Clark and Bibendum rescue
Magners owner C&C Group has completed a deal to assume full ownership of the Matthew Clark and Bibendum wholesale businesses belonging to beleaguered Conviviality.
-
NewsNew executive team at pork producer F A Gill
THe Wolverhampton-based business has introduced three new department head roles in a bid to develop its “strategic direction”
-
NewsC&C Group in talks to buy Conviviality's Matthew Clark and Bibendum
C&C Group, with the support of AB InBev, is in advanced talks to buy Matthew Clark and Bibendum from stricken Conviviality for a nominal sum.
-
NewsMedia Bites 4 April: Conviviality, Shop prices, Young’s Seafood
Chinese private equity firm ZQ Capital is front runner to buy Conviviality, according to the Daily Mail, with ZQ likely to bid for the whole group.
-
News'Blueprinting' stores is 'dead', says Sainsbury's
Tailoring individual supermarkets to local customers’ grocery needs ‘key to serving customers effectively’
-
NewsEurope-wide grocery spend surges as inflation bites
The amount Europeans spent on groceries climbed 4.4% in the final quarter of 2017 – the highest rise since early 2012, Nielsen’s latest retail performance data reveals.
-
NewsMedia Bites 3 April: Conviviality, Bank Holiday footfall, Westmorland
Conviviality investors are mulling suing the board amid claims the directors misled them about the health of the sprawling drinks business’s finances, reports The Times.
-
NewsRGF finds temporary cashflow solution as shareholders step in
Three of the company’s major shareholders have provided up to £4m in the form of a draw-down loan note facility
-
NewsConstellation Brands fourth-quarter sales exceed estimates
The company said its beer portfolio was the number one growth contributor to the US beer market
-
NewsRefresco-Cott merger greenlit following offer to sell plant
The latest categorical acceptance means the CMA will not refer the merger for an in-depth investigation
-
NewsCostcutter rejected Bestway proposal after Co-op deal
Sources close to both parties told The Grocer this week that Bestway approached Costcutter in December
-
NewsMedia Bites 29 March: Conviviality, Reckitt Benckiser, Coca-Cola
Bargain Booze and Wine Rack owner Conviviality has failed to raise £125m required to resolve its cash crisis
-
NewsCity snapshot: Conviviality files notice to appoint administrators
Conviviality has announced the board intends to appoint administrators within 10 business days, GfK’s Consumer Confidence Index increased three points in March and all the other news from the City
-
NewsConviviality on the brink after failing to raise £125m
Shareholders expected to receive “little-to-no value”
-
NewsFive Star Fish faces closure as 2 Sisters consults on 'heavily loss-making' business
Nearly 400 staff at the Grimsby-based operation are now facing redundancy
-
NewsUK farming union leaders call for fair post-Brexit policies
They called on the government to ensure the outcome of Brexit allows UK farmers to deliver high quality and affordable food
-
NewsUS spice giant McCormick reports 'great start' to 2018
Net Q1 sales rose 19.2% from $1.04bn (£739m) to $1.24bn (£876m), reported chariman, president and CEO Lawrence Kurzius