All Finance articles – Page 24
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NewsCity snapshot: McWin Capital in talks to buy Gail’s Bakery
McWin Capital is already a backer of the bakery’s parent company and is looking to pre-empt a sale of the business
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NewsEG Group refinances $3.5bn of loans to unlock investment cash
Forecourt giant EG Group has refinanced $3.5bn of debt as it continues to deleverage and unlock additional cash to invest in the business
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NewsBrand Growth Heroes ‘Mini MBA’ powered by Alantra returns for second year
Alantra and Brand Growth Heroes are teaming up once again to offer a crash-course for fmcg challenger brands in scaling up while navigating industry challenges
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NewsBuckfast sales jump despite ‘unprecedented’ duty hike
Sales of Buckfast jumped by 11.8% last year despite the fortified wine brand facing an “unprecedented” duty increase and pressures from the rising cost of living
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NewsCadbury owner Mondelez in talks over Hershey takeover
Cadbury owner Mondelez International is exploring a potential blockbuster takeover of rival chocolate maker Hershey in a bid to create one of the largest snacking groups in the world
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NewsCity snapshot: Naked Wines’ revenue slide enters another year
Naked Wines is losing both new and old customers but despite its struggles, says its turnaround plan is working. Also, Tesco achieves its highest market share since December 2017.
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NewsCocoa-free chocolate startup Planet A Foods raises $30m for global scale-up
B2B foodtech startup Planet A Foods has raised a further $30m to fund international expansion, including a launch into the UK in 2025
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NewsProcter & Gamble recruits for 20 new roles at Manchester factory
It coincides with Procter & Gamble’s 90th year in the city
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NewsSurya Foods takes major stake in popped seeds brand Karma Bites
World foods player Surya Foods has boosted its global snacking portfolio by acquiring bagged snacks brand Karma Bites
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NewsCity snapshot: Domino’s unveils new framework for growth
London-listed Domino’s Pizza Group has reached a new five-year framework with its franchise partners to capitalise on “its significant long-term growth opportunity”
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NewsCity snapshot: M&S wins approval for Marble Arch redevelopment
Marks & Spencer has been given approval to demolish its flagship Marble Arch store on London’s Oxford Street
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NewsMedia Bites 6 December: PM speech, M&S, Christmas veg pricing, US tariffs
The headlines are dominated by response to Keir Starmer’s speech making six pledges yesterday
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NewsLittle Freddie to correct sugar levels on stage 1 babyfood pouches
Little Freddie admitted three out of its 29 babyfood products were “found to have a sugar value which varied from packaging”
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NewsSSP shares surge on profit recovery plan
SSP Group shares surged by as much as 12% this week as the catering operator looked to put the pandemic and constant train strikes in the UK behind it
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NewsMedia Bites 5 December: Labour reset, bank card ‘gouging’, Guinness rationing
PM Keir Starmer is due to deliver a major policy speech today
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NewsCity snapshot: DS Smith profits slip on cheaper packaging
In April, DS Smith agreed terms on a £5.8bn all-share takeover from US rival International Paper. Also, new data shows cash use has risen for the second year in a row.
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NewsCommodity prices help Treatt bounce back from destocking
Global ingredients player Treatt bounced back from a weak first quarter to grow full-year revenues and profits as higher commodity prices and growth in China boosted performance
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NewsAsda secures new £155m loan to help struggling supermarket meet debt obligations
The supermarket revealed it had successfully raised and allocated ‘a private £155m-equivalent fungible add-on’ to one of its existing loans
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NewsOne Rock completes takeover of Burts Snacks owner Europe Snacks
As revealed by The Grocer in July, New York-headquartered One Rock saw off rival bids to win the auction run by investment bank Lazard
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NewsCampari taps William Grant & Sons veteran Simon Hunt to end CEO hunt
It ends a period of uncertainty for the Aperol and Courvoisier brand owner