M&A – Page 69
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Analysis & Features
Sainsbury's Asda merger: Twitter reacts
Over the weekend, news broke of a “mega-merger” between Sainsbury’s and Asda. Here’s how Twitter reacted to the story
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News
Nestlé Purina acquires dogfood subscription service Tails.com
The digital-first service, which expects sales to be in excess of £20m this year, will continue to operate as a standalone entity
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Analysis & Features
Proposed Sainsbury's-Asda merger: analysts' reaction
Shockwaves were sent through the industry this weekend after it emerged a merger between Sainsbury’s and Asda was on the cards. Here’s how leading analysts have reacted to the news
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News
Sainsbury’s and Asda confirm £51bn mega-merger
Sainsbury’s and Asda have promised “a great deal for customers, colleagues, suppliers and shareholders of both businesses” as the two confirmed a mega-merger worth to create a £51bn retail giant.
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News
Co-op to appoint new CEO for Nisa after CMA all-clear
The Co-op has engaged headhunter firm Sam Allen Associates to conduct an executive search for the role
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News
Yo Sushi looks to expand into retail and food-to-go with Taiko
The purchase will help underpin Yo’s shift from restaurateur to a multi-brand, multi-format food group
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News
Whitbread announces Costa spin-off plan
Whitbread has announced its intention to demerge Costa following pressure from activist American investors.
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News
City snapshot: CMA clears £137.5m Co-op deal with Nisa Retail
The Competition and Markets Authority (CMA) has ruled on the proposed £137.5m merger of The Co-operative Group with Nisa Retail, which it said did not give rise to competition concerns.
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News
Real Good Food completes sale of ingredients arm to address losses
Cake and decorations specialist Real Good Food has sold its ingredients business Garrett’s as part of its cost-reduction efforts.
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Comment & Opinion
As takeover gets go-ahead, Co-op will need swift success to satisfy Nisa members
The Co-op will have to quickly get to grips with dealing with thousands of individual and fiercely independent business owners
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News
Co-op's Nisa takeover gets green light from the CMA
The Co-op now expects the deal to be fully completed early next month, after Competition & Markets Authority waved through the £137.5m takeover
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Comment & Opinion
Scottish sell-off is a landmark moment for First Milk
The dairy co-op said yesterday it was placing its Arran and Campbeltown creameries for sale
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News
First Milk to sell off Arran and Campbeltown creameries
The dairy co-op said the two sites were no longer a “strategic fit” for the business, however, the move has raised concerns over the future of dairy farming in the region
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Analysis & Features
Martin Race of Bestway on its £7.25m swoop for Conviviality
As Bestway appears to have landed its very own bargain booze deal with a £7.25m swoop for Conviviality Retail, MD Martin Race talks about the rationale for the deal and plans for the future
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News
BrewDog buys 'urban cider' brand Hawkes for undisclosed sum
Hawkes’ founder Simon Wright will remain at its helm and existing staff retain their roles…
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News
Conviviality confirms £7.25m retail sale to Bestway
Stricken Conviviality has confirmed the £7.25m sale of Conviviality Retail to Bestway, including the Bargain Booze, Select Convenience, Wine Rack and Central Convenience chains.
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News
Exclusive: Bestway set to acquire Conviviality Retail in £7.25m pre-pack deal on Monday
Wholesaler’s intervention looks to have saved 2,000 jobs, in knockdown deal set to be rubber-stamped next week
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Comment & Opinion
AF Blakemore's decision to sell is a watershed moment
The future of cash & carry as a viable option has been a topic of speculation for many years
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News
MRH profits up ahead of Motor Fuel Group takeover
MRH has reported a double-digit rise in sales and profits for the year to 1 October 2017
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News
Single buyer unlikely for Blakemore depots
The wholesaler this week confirmed plans to sell its cash & carries, eight months after the story first emerged.