Finance news – Page 603
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NewsAG Barr shrugs off sugar tax worries
Shares in the group are down 5% since George Osborne revealed sugary drinks would be face a levy
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NewsRefresco Gerber swallows DIS in €72m deal
Refresco Gerber has agreed a €72m deal to snap up 100% of shares in Dutch beverage manufacturer DIS.
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NewsMedia Bites 29 March: Premier Foods, BHS, Co-op, Tesco
The events at Premier Foods were in focus over the Easter weekend, along with the ongoing problems at BHS and Co-op’s victory in the unfair dismissal case.
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NewsCity snapshot: AG Barr to focus efforts on sugar reduction as profits grow
The share price has slipped 0.4% since the markets opened this morning to 517.2p
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NewsStandard Life Investments hits out at timing of Nissin’s Premier Foods share deal
Standard Life Investments called on the Mr Kipling maker to engage with prospective bidder McCormick
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NewsMcCormick “disappointed” by Premier Foods' board but moots higher bid
US food giant McCormick has released a statement criticising the Premier Foods board for denying shareholders the “opportunity to consider McCormick’s highly attractive cash offer”.
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NewsBHS wins last minute reprieve as creditors agree rescue package
The CVA will see 87 of the 164 stores pay reduced rent
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NewsBrexit 'brings tariff and labour cost risks'
Two new economic studies this week have warned that suppliers and retailers would be particularly exposed in the event of Brexit
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NewsSainsbury's shares rise on good news for Home Retail bid
Steinhoff’s withdrawal from the bidding for Home Retail left Sainsbury’s as the race winner
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NewsNissin agrees to buy 17.3% of Premier Foods
Japanese Food Group Nissin strengthens Premier Foods partnership with share purchase agreement
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NewsMedia Bites 24 March: BHS, Premier Foods
BHS has been “pulled back from the brink” after landlords backed its plan to reduce rent on half its stores.
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NewsTayto owner Manderley reports higher earnings but sales drop
The owner of Northern Irish snacks manufacturer Tayto has reported a boost in earnings despite a sales drop in a “challenging” market.
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NewsPeter Ellis appointed MD of Mission Foods in UK & Ireland
The flat breads maker’s new boss joins from Premier Foods
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NewsJonathan Russell steps into 2 Sisters group procurement role
Ex-Iceland buyer will be in charge of supplier’s £1.5 billion purchasing budget
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NewsPremier Foods rejects McCormick approach for Nissin Foods tie-up
Oxo and Mr Kipling owner Premier Foods has rejected a 60p per share cash approach from US food giant McCormick, instead opting to forge a strategic partnership with Japan’s Nissin Foods.
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NewsCity snapshot: Premier Foods rejects McCormick bid
McCormick bid 52p per share on 12 February and upped its offer last week
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NewsMedia Bites 23 March: Tesco, BHS, British American Tobacco
Tesco is “taking small but real steps towards recovery”, according to this morning’s Financial Times.
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NewsMolson Coors receives £100,000 fine for River Wey pollution
The brewery expresses “regret” after pleading guilty to discharging waste
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NewsMondelez hits back at Cadbury 'broken promises' allegations
The company dismissed Channel 4’s Dispatches programme as “misleading and one-sided”
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NewsMajestic Wine-owned Naked Wines hits £100m of annual sales
The company’s now has more than 300,000 ‘mature’ angels – customers who have been customers for over four months