Finance news – Page 602
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NewsChapel Down raises £1.7m for Curious Drinks business
895 investors took a 9.7% stake for £1.2m, with individual investments ranging from £100 to £35,000
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NewsDoisy & Dam smash crowdfunding target
Premium organic chocolate brand Doisy & Dam has raised £300,000 in 28 hours after turning to the crowd to fund its expansion plans.
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NewsOcado moves closer to US deal
The Times reports Ocado has hired Mace to “advise it on how it should it make its American debut”
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NewsMedia Bites 4 April: M&S, Ocado, Premier Foods
New Marks & Spencer boss Steve Rowe “faces a baptism of fire” on Thursday as it is set to announce a slump in clothing sales.
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NewsMcCormick and Nissin step up pursuit of UK's Premier Foods
Premier Foods is locked in a tug of war between international food giants McCormick and Nissin
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NewsHilton Food Group shares rocket on successful year
Shares in Hilton Food Group leapt 4% to 516p on Thursday morning after the meat supplier comfortably beat City profit expectations
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NewsArgos board gives full support to Sainsbury's takeover
The deal will create the UK’s biggest non-food retailer with revenues of £6bn
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NewsHilton Food boss backs Tesco farm range as profits soar
Hilton Food Group profits jump 11% thanks to ongoing Tesco recovery with the boss of the red meat supplier backing the supermarket’s new farm-based range.
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NewsDunbia and 2 Sisters red meat business to merge in £1.3bn JV
Dunbia and 2 Sisters in exclusive talks over £1.3bn joint venture spin-off
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NewsFormer Morrisons retail director Martyn Fletcher joins 2 Sisters
Fletcher takes the role of chief operating officer of protein at 2 Sisters Food Group
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NewsCity snapshot: Fourth quarter like for likes down 2.5% at Booker
Tobacco sales continued to be adversely impacted by the ban on small store display
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NewsTesco to close Nutricentre health food business
The retailer has started redundancy consultations with 137 staff
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NewsMedia Bites 31 March: Premier Foods, Metro, Aldi
Premier Foods agrees to engage with US bidder McCormick despite knocking back its latest 65p per share offer.
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NewsFever-Tree founders £18m payday from share sale
Executive deputy chairman Charles Rolls sold 1.9 million of his shares at 635p each
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NewsMetro announces demerger plan to spin-off food business
German retail giant Metro Group has announced a de-merger plan to create two distinct companies and separate its food and consumer electronics businesses.
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NewsPremier Foods rebuffs latest McCormick offer but agrees to open talks
Premier Foods (PFD) has said McCormick’s latest 65p per share takeover proposal “continues to undervalue” the firm, but has agreed to engage with the US food group over its bid.
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NewsNissin ups its Premier Foods stake as McCormick increases offer
The new share purchase means Nissin has now spent £103.4m buying up Premier Foods shares
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NewsMedia Bites 30 March: Premier Foods, McCormick, AG Barr
The takeover tussle between Premier Foods and McCormick was still firmly in the spotlight in this morning’s paper ahead of the new revised offer of 65p a share. Plus Irn-Bru owner AG Barr’s results come under focus.
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NewsMcCormick tables higher Premier Foods £537m bid
McCormick increases the pressure on the board of Premier Foods with new cash bid
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NewsHovis retains Premier Foods’ “support and confidence” despite write-down
Premier says it intends to retain its 49% stake in the venture