Finance news – Page 556
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NewsMedia Bites 7 August: Coca-Cola European Partners, Mondelez, retail sales
There is plenty of coverage of the bottling mega-deal to create Coca-Cola European Partners.
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NewsLakeland and Fane create dairy and agri powerhouse with mergers
Irish milk processor Lakeland Dairies has partnered with fellow co-operative Fane Valley to create two joint venture businesses with combined revenues of £605m.
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NewsBrakes tipped to go for IPO rather than private sale
Foodservice giant Brakes looks likely to buck the trend of choosing a sale over a stock market flotation…
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NewsMetro Group sees sales fall, dips into M&A
The deal will see Metro Cash & Carry expand its presence in wholesale to another 10 countries
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NewsGlens of Antrim Potatoes set for export drive
Northern Irish supplier Glens of Antrim Potatoes is targeting new export markets in Great Britain and Europe
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NewsCCE agrees €28bn three-way merger to create European Coke bottling giant
Coca-Cola Enterprises has agreed a merger with fellow Coke bottles in Iberia and Germany to create a new $12.6bn Western European Coca-Cola bottler.
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NewsMedia bites 6 August: Mondelez, Sunday trading, Morrisons
Activist investor seeks Mondelez sale, while retailers attack Sunday trading plans.
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NewsCity snapshot: Kerry Group ups guidance after 4.7% first half growth
Irish food group Kerry Group saw revenues rise 4.7% in the first half of the year
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NewsSunday trading hours consultation: industry reaction
The proposals have proven controversial in some sectors, especially with smaller traders
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NewsKettle Foods appoints Ashley Hicks as new MD
Hicks, who takes up the role on 31 August, has been with Tesco for around five years
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NewsGovernment launches six-week Sunday Trading consultation
The government has today launched a consultation on its plans to relax current Sunday trading laws by giving local areas the power to allow large shops to open for longer
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NewsCity snapshot: Deflation ticks up to 1.4% in July
Overall shop prices reported an increase in deflation to 1.4% in July from 1.3% deflation in June, according to the BRC-Nielsen Shop Price Index.
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NewsMedia Bites 5 Aug: Sunday trading, Unilever, Kellogg's
The expected announcement of new powers for local councils to decide Sunday trading hours are well covered today.
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NewsStrong dollar hits Kellogg’s revenues
Kellogg’s has reported a 5.1% fall in second quarter net sales, but insists it is building momentum after a “difficult” 2014.
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NewsTags Crisps bags backing of Dragons
Former Seabrook Crisps MD John Tague has secured a six-figure investment for his snack brand Tags after a pitch on the BBC’s Dragons’ Den. He hopes the backing of Deborah Meaden and Peter Jones will be the key to unlocking the door to a listing in Sainsbury’s.
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NewsMorrisons appoints Claire Grainger to group HR director
Grainger has nearly 25 years of experience in HR and management, mostly in the retail sector with Morrisons
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NewsCity Snapshot: Adnams falls during "long cold spring"
Adnams beer volumes fell 5% in the first half as the rapid evolution of the craft beer market posed a threat to its traditional English bitters
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NewsMedia Bites 4 August: Heineken, Sainsbury’s Bank, Kraft
Heineken’s first-half results show why the Dutch brewer is often highlighted as a takeover target; Sainsbury’s Bank cuts interest rates for Nectar cardholders; Kraft recalls 36,000 cases of individually wrapped cheese slices which pose a choking hazard; and Walmart removes realistic toy guns from its shelves.
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News
Beer volume growth sends Heineken half year revenues up 2%
Group revenues at Dutch brewer Heineken grew by 2% organically in the first six months of the year on improving beer volumes.
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NewsJerky Group creates ‘house of brands’ with Cruga merger
The Jerky Group has agreed to merge with biltong and meat snacks supplier Cruga to form a combined company with revenues of about £12m.