Finance news – Page 402
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NewsMedia Bites 5 Sep: Exports, Reckitt Benckiser, C&C Group
Factories are enjoying some of the best conditions in two decades as the fall in the pound and a strengthening global economy boost factory orders and rates of production, writes The Times.
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NewsMcBride swoops for £10.8m Danish firm Danlind
Private label household goods manufacturer McBride has bought Danish dish-wash and laundry products firm Danlind for a cash consideration of £10.8m.
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NewsTesco trio's fraud and false accounting trial adjourned until 25 September
The three men pleaded not guilty at a hearing at Southwark Crown Court last month
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NewsFruit & veg sector backs Coupe warnings of produce rotting at borders
Mike Coupe warned fresh food could be left rotting at the UK border if strict customs checks are introduced after Brexit
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NewsMichael O'Loughlin to lead acquisitions at Motor Fuel Group
O’Loughlin left Applegreen in December 2016, after eight years as managing director of its UK business
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NewsC&C Group takes stake in pub group Admiral Taverns
Magners and Tennent’s brewer C&C Group has bought a 47% stake in UK pub group Admiral Taverns as part of its acquisition by US investment fund Proprium Capital Partners.
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NewsMedia Bites 4 Sep: Reckitt Benckiser, Little Dish, Sainsbury's, Ocado
Four of Reckitt Benckiser’s top 10 executives are quitting the British household consumer group, which is battling the lowest sales growth in its history, writes The FT.
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NewsJack Link's plots UK factory investment
Peperami owner and beef jerky brand Jack Link’s is planning to ramp up its presence in Europe by investing in a new factory in the UK.
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NewsWild Card Brewery seeks £250k from crowd to boost capacity
The London-based brewery and bar operator is seeking £250,000 from a Crowdcube campaign in return for a 7.2% stake
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NewsGrowth slows as dairy and meat hikes pile pressure on Higgidy
The business warned margins were under pressure in the new financial year
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NewsAmazon price investment plan triggers global grocery fallout
More than $11bn was wiped off the value of the world’s largest supermarkets and food & drink manufacturers on 25 August
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NewsMcCormick UK profit slumps due to weak pound and writedown
It incurred interest charges of £3.7m and an investment impairment of £2m
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NewsCity snapshot: Little Dish sells majority stake in £17m US deal
Healthy children’s food brand Little Dish is targetting growth in the US after a £17m deal with Profile Capital. Plus, the FTSE is back on the rise and all the rest of the latest news from the City.
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NewsMedia Bites 1 Sep: Asda, McColl's, Boots, Pernod Ricard
More than 10,000 equal-pay claims may go ahead against Asda after the supermarket chain failed to stop the cases proceeding.
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NewsLittle Dish heads to US in £17m deal with Profile Capital
Profile Capital has acquired a majority stake in Little Dish valuing the healthy children’s food brand at $21.5m (£17m)
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NewsWarren Buffett rules out second Kraft Heinz approach for Unilever and says 'no' to Mondelez bid
Kraft Heinz backer Warren Buffett has ruled out a second tilt at Unilever and quashed rumours that the food conglomerate’s next target is a reunification with Mondelez.
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NewsOcado appoints David Shriver to head communications team
Shriver will “deepen and widen” Ocado’s relationship with its investors and with the capital markets
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NewsMiso Tasty paste sales soar after Jamie Oliver show appearance
Four times as many products as usual sold in Waitrose in the 24 hours after the show aired
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NewsBritish American Tobacco restructures following Reynolds buyout
The changes include an amalgamation of its vaping and heating tobacco products into the core business
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NewsMedia Bites 31 August: Co-op/Nisa, Unilever/Kraft Heinz, M&S, Pizza Express, Poundland
The papers cover the latest M&A development in the convenience store sector as the Co-op enters exclusivity to buy Nisa.