M&A – Page 58
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NewsCity snapshot: Asahi buys Fuller’s beer business for £250m
Japanese drinks giant Asahi has acquired British brewer Fuller’s entire beer business, Irn-Bru maker AG Barr predicts a rise in profits despite “uncertainty” and the rest of the City news
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NewsJust Eat acquires software platform Flyt in £22m deal
The listed food delivery operator has purchased the startup which offers software for restaurants and their suppliers
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NewsSainsbury's-Asda faced 'unfair' CMA timeframe, judges rule
The CMA is expected to announce its provisional findings later this month or in early February
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NewsSkinny Coffee Club acquires fellow ‘detox’ brand Bootea
Two controversial weight loss brands have merged, with Skinny Coffee Club acquiring Bootea.
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NewsSimplyCook sells minority stake to Octopus in £4.5m deal
The direct-to-consumer recipe kit business secured the funding to expand online and in retail
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Comment & OpinionIs the CMA easing up on food and drink mergers?
There have been more reviews, but not more regulatory interventions, says Andrew Taylor, partner at Aldwych Partners
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Analysis & FeaturesBombshell mergers, sensational shortages and environmental triumphs: 2018 in review
There were mergers so seismic in scale they could change grocery for good, and new arrivals that went out with a whimper
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NewsArt & Terroir acquires Glenturret whisky brand from Edrington
The deal, for an undisclosed sum, marks Art & Terroir’s first move into the world of Scotch whisky.
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NewsCrafty Brewing Co acquires Little Beer Corporation
All Little Beer Corporation staff have retained their jobs with the deal
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NewsCity Snapshot: GlaxoSmithKline agrees £10bn consumer health venture with Pfizer
GlaxoSmithKline has announced plans to merge its consumer health unit with that of rival drugs giant Pfizer, supermarket chains have surged in early trading, and the rest of the news from the city
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NewsSainsbury’s and Asda win court hearing against the CMA
Sainsbury’s and Asda won a competition appeal tribunal against the Competition & Markets Authority to be granted extra time to respond to the merger enquiry.
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NewsFDF report: 90% of suppliers concerned over Sainsda merger
The FDF’s formal submission to the CMA’s probe into the deal claims it would have ‘disastrous impact’ on innovation
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NewsCity News: Sainsbury’s shares sink following CMA legal challenge
Sainsbury’s this week reassured shareholders its legal challenge to the Competition & Markets Authority had not dented its “confidence” its mega-merger with Asda will go ahead, but nervous shareholders had other ideas.
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NewsSainsbury’s and Asda request judicial review to extend CMA process
Sainsbury’s and Asda will today lodge an application for a judicial review of the Competition & Marketes Authority investigation into their proposed merger.
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NewsUnitas Wholesale to cut 20 jobs as part of Milton Keynes exit
MD Darren Goldney said the phased move would begin in April or May
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NewsOppo crowdfunders offered deal to cash out by Swiss billionaire
Crowdfunding investors in low-sugar ice cream brand Oppo have been offered a deal to cash out for a healthy profit by the investment firm of Swiss consumer billionaire Hans-Peter Wild.
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NewsGreencore eyes new categories amid M&A growth plans
Greencore is eyeing M&A opportunities in new categories including snacking after landing a cash windfall from the sale of its US business in October.
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NewsVillage Bakery hires advisors to secure PE investment
Welsh own-label supplier The Village Bakery has hired advisors in a search for external investment to drive future growth.
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NewsSainsbury's milk supplier Tomlinsons appoints advisors to explore possible sale
It comes amid warnings of overcapacity and ‘wafer thin’ margins across the processing sector
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NewsMorrisons claims Sainsbury's-Asda merger will hit own-label quality
Morrisons also suggested it would be in the firing line if the merger goes ahead