Finance news – Page 554
-
NewsCity snapshot: McColl's refinance £100m bank facilities
C-store operator McColl’s Retail Group has refinanced its £100m funding arrangements with four banks despite its existing facilities still having three more years to run.
-
NewsMedia Bites 18 August: Amazon, dairy crisis, Cargill
The papers are dominated by the fallout from a report published by the New York Times over the weekend into Amazon’s working conditions and practices.
-
NewsFerrero completes £112m Thorntons acqusition
Italian chocolate group Ferrero has today completed its acquisition of Thorntons following regulatory approval.
-
NewsCargill nets salmon feed supplier for €1.35bn
US multinational Cargill has waded further into the rapidly growing market for fish and shrimp with the €1.35bn (£958m) acquisition of salmon feed supplier Ewos.
-
NewsCaféPod completes £1.35m funding round
UK coffee pod supplier CaféPod has completed a fundraising drive worth £1.35m and announced former Diageo European president Andrew Morgan will join its board after making a major investment.
-
NewsMorrisons reported to be on verge of M Local sale
The sale would see Greybull Capital take control of roughly 150 convenience stores
-
NewsParfetts makes senior appointments in board shake-up
Andy Whitworth has been promoted to the newly created position of operations director
-
NewsCity snapshot: Morrisons in M Local sale talks
Morrisons is in exclusive talks with investment firm Greybull Capital over the sale of its M Local convenience store chain
-
NewsMedia Bites 17 Aug: Morrisons, price war, BRC footfall
Many of the papers have the story that Morrisons is locked in advanced talks with investment firm Greybull Capital over the sale of its convenience stores.
-
NewsNestlé shrugs off troubles to beat second-quarter predictions
Nestlé shrugged off any lingering concerns over the impact of its Maggi noodles health scare in India…
-
NewsDairy Crest/Unilever spreads synergy potential eyed by City
A green light for Müller’s proposed purchase of Dairy Crest’s liquid milk division could trigger fresh consolidation
-
NewsYoung's Seafood sale on again as Findus negotiates with Nomad
Nomad Foods’ £500m takeover of the European arm of Findus Group will re-open the sale of the remaining UK business…
-
NewsNakd and Trek owner eyes overseas growth after Lotus takeover
Natural Balance Foods, the group behind the Nakd and Trek brands, has been taken over by a Belgian biscuit and cake manufacturer to help it grow its products internationally.
-
NewsBowood Farms abattoir goes into administration
A statement from administrators Leonard Curtis said the company had ceased to trade
-
NewsCity Snapshot: Conviviality Retail edges ahead in race for Matthew Clark
Bargain Booze owner Conviviality Retail has elbowed ahead of rival bidders
-
NewsMedia Bites 14 August: milk protests, Nomad, Coca-Cola HBC, Coca-Cola Co
After a busy day in the grocery world, with mega deals, financial results and more movement on the dairy crisis there is a lot to get through in the papers.
-
NewsNestlé growth buffeted by currency headwinds
Organic growth in developed markets accelerated to 2.2% and it saw 7.3% organic growth in emerging markets
-
NewsOwn label booming for Bakkavor
Profits are up from £2.9m to £6.2m on revenue up 3% from £842.1m to £846.4m
-
NewsNomad buys Findus for £500m to create pan-European frozen giant
Nomad Foods has made further strides toward its ambition of creating a global food group with the £500m acquisition of the European arm of Findus.
-
NewsMedia bites 13 August: Reckitt Benckiser, Nomad, Kraft Heinz
UK competition authorities have conditionally green-lighted Reckitt Benckiser’s planned union of Durex condoms with K-Y lubricant.